FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年1月31日 狀態: 新提交 | 2. 股份分類 | 普通股 | 股份類別 | A | | 於香港聯交所上市 (註1) | | 否 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 300433 | 說明 | | A 股 (於深圳證劵交易所上市) | | | | | | | | 法定/註冊股份數目 | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 4,982,732,391 | RMB | | 1 RMB | | 4,982,732,391 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 4,982,732,391 | RMB | | 1 RMB | | 4,982,732,391 | 本月底法定/註冊股本總額： RMB 5,284,327,591 第 1 頁 共 10 頁 v 1.2.0 致：香港交易及結算所有限公司 ...

蓝思科技（300433）(06613)公布，截至2026年1月31日，公司通过回购专用证券账户，以集中竞价方式 累计回购公司股份数量约740.96万股，占公司目前A股总股本的0.15%，最高成交价为30.24元/股，最低 成交价为22.50元/股，支付的总金额为约2.15亿元(不含交易费用)，回购实施情况符合相关法律法规的要 求和公司既定回购方案。 ...

Group 1 - The core point of the article is that Lens Technology (06613) has repurchased approximately 7.4096 million shares, which represents 0.15% of the company's total A-share capital, as part of its share buyback plan [1] - The repurchase was conducted through a centralized bidding method, with a maximum transaction price of 30.24 CNY per share and a minimum transaction price of 22.50 CNY per share [1] - The total amount paid for the repurchase is approximately 215 million CNY, excluding transaction fees, and the implementation of the buyback complies with relevant laws and regulations [1]

Core Viewpoint - Lens Technology is a global leader in precision manufacturing, embarking on a new chapter of multi-polar growth through a strategy focused on "new materials, new technologies, new equipment, and new fields" [1] Group 1: Company Strategy and Capabilities - The company leverages its deep technical expertise in various materials such as glass, metal, and ceramics to achieve vertical integration from raw material production to module assembly and complete machine assembly [1] - Future growth is expected through sustained high-intensity R&D investment and a global capacity network, creating dual engines for technological innovation and rapid market response [1] Group 2: Market Opportunities and Growth Drivers - The company aims to transform into a "smart hardware manufacturer in the AI era," promoting the synergy between assembly business and high-value-added components to optimize profit structure [1] - Expansion into the automotive electronics sector is seen as a second growth engine, while proactive positioning in emerging markets is intended to cultivate future growth momentum [1] Group 3: Business Segments and Valuation - The company's business spans consumer electronics, smart automotive, humanoid robots, AI glasses/XR headsets, smart retail devices, and AI data centers, forming a collaborative development layout across multiple scenarios [1] - The current price corresponds to a PE ratio of 38.69/28.46/22.92 times, maintaining a "buy" rating [1]

2月3日，蓝思科技涨5.08%，截至发稿，报37.62元/股，成交28.99亿元，换手率1.58%，总市值1987.96 亿元。 资料显示，蓝思科技股份有限公司位于湖南省浏阳生物医药园,香港九龙观塘海滨道133号万兆丰中心7 楼A室，成立日期2006年12月21日，上市日期2015年3月18日，公司主营业务涉及蓝思科技股份有限公 司是一家主要从事电子产品防护面板的研发、生产及销售业务的中国公司。该公司的主要产品为手机视 窗防护屏。该公司的其他产品包括平板电脑防护屏以及其他产品防护屏。该公司的产品应用于智能手 机、平板电脑、笔记本电脑、智能穿戴设备、数码相机及其他等。主营业务收入构成为：智能手机与电 脑类82.48%，智能汽车及座舱类9.60%，智能头显与智能穿戴类5.00%，其他业务收入1.82%，其他智能 终端类1.10%。 从基金十大重仓股角度 数据显示，鑫元基金旗下1只基金重仓蓝思科技。鑫元科技创新混合A（018827）四季度持有股数10.23 万股，与上期相比持股数量不变，占基金净值比例为6.45%，位居第六大重仓股。根据测算，今日浮盈 赚取约18.62万元。 鑫元科技创新混合A（018827）成立日 ...

Investment Rating - The report maintains an "Outperform" rating for the industry, indicating expected performance above the market benchmark by over 10% [5][10]. Core Insights - Meta's projected capital expenditure for 2026 is expected to reach between $115 billion and $135 billion, nearly double that of the previous year, driven by AI-enhanced advertising business [17]. - Figure's Helix02 humanoid robot has achieved significant breakthroughs in large models and neural networks, enhancing its applicability in household scenarios [3][18]. - The commercial aerospace sector is experiencing intensified competition for orbital resources, with SpaceX applying to deploy a constellation of up to 1 million satellites, which may accelerate advancements in space traffic management technology [2]. Summary by Sections Key Events - Meta's capital expenditure forecast for 2026 is between $115 billion and $135 billion, significantly exceeding analyst expectations [17]. - Figure has launched the Helix02 humanoid robot, which integrates long-range fine manipulation and motion control through a novel three-layer architecture [18]. - SpaceX is seeking approval to deploy a satellite constellation of up to 1 million satellites, enhancing its computational capabilities for advanced AI [2]. Commercial Aerospace Insights - The limited capacity of near-Earth orbit satellites will intensify competition for orbital resources, leading to a "first-come, first-served" effect [2]. - Long-term investment opportunities in commercial aerospace are promising, particularly in the rocket segment, with a focus on key players like SpaceX and domestic companies such as Landspace and CASIC [2]. Humanoid Robotics Insights - The advancements in Figure's Helix02 are expected to unlock new applications in domestic environments as the versatility of humanoid robots increases [3]. - Investment opportunities in humanoid robotics should focus on companies with strong supply chains and market positioning, such as Hengli Hydraulic and Wison Group [3][8]. AI Infrastructure Insights - Meta's capital expenditure forecast indicates a robust outlook for AI infrastructure, particularly in gas turbine and liquid cooling sectors [4]. - Key investment areas include the gas turbine supply chain and high-value segments in liquid cooling systems [4][8]. Company Profit Forecasts - Several companies are rated "Outperform," including: - Green Harmony (688017.SH) with a projected EPS of 0.67 for 2025 and a PE ratio of 342 [10]. - Huichuan Technology (300124.SZ) with an EPS of 2.06 for 2025 and a PE ratio of 36 [10]. - Hengli Hydraulic (601100.SH) with an EPS of 1.87 for 2024 and a PE ratio of 58 [10].

Investment Rating - The report maintains an "Accumulate" rating for the company [4] Core Insights - The company is a leading provider of precision manufacturing solutions across the entire supply chain for smart terminals, leveraging its strong technological foundation in various materials to achieve vertical integration from raw material production to final assembly [6][11] - The financial performance shows steady growth in revenue and profit, with a projected increase in revenue from 544.91 billion yuan in 2023 to 1,395.99 billion yuan by 2027, and net profit expected to rise from 30.21 billion yuan to 83.81 billion yuan in the same period [4][6] - The company is expanding its business into emerging markets such as smart automotive, humanoid robots, AI/XR glasses, and smart retail, which are expected to drive future growth [6][7] Summary by Sections Company Overview - The company has a solid business foundation and high-quality customer resources, being a strategic partner to many global brands like Apple, Samsung, and Tesla [12][11] - It has a diversified business structure covering multiple sectors including consumer electronics and smart automotive [21][11] Financial Performance - Revenue is projected to grow from 466.99 billion yuan in 2022 to 698.97 billion yuan in 2024, with a compound annual growth rate (CAGR) of 22.34% [29] - The net profit is expected to increase from 24.48 billion yuan to 36.24 billion yuan in the same period, with a CAGR of 21.67% [29] Consumer Electronics - The company is positioned to benefit from the AI upgrade and innovation in the consumer electronics sector, with a focus on high-value products like foldable screens and 3D glass [6][48] - The revenue from the smartphone and computer segments is expected to grow significantly, driven by increased demand and product upgrades [30][34] Smart Automotive - The company is expanding into the automotive electronics sector, with innovative products like ultra-thin laminated glass and smart cockpit components, which are expected to enhance the value per vehicle [6][33] - The automotive segment's revenue is projected to grow significantly as the penetration of electric vehicles increases [6][33] Emerging Fields - The company is strategically positioning itself in emerging markets such as humanoid robots and AI data centers, with a focus on vertical integration and technological innovation [7][6] - Collaborations with leading companies in these fields are expected to foster growth and enhance market presence [7][6]

Investment Rating - The report maintains a rating of "Buy" for the company [4]. Core Insights - The company is a leading provider of precision manufacturing solutions across the entire smart terminal supply chain, leveraging its strong technological foundation in various materials to achieve vertical integration from raw material production to final assembly [6][11]. - The financial performance shows steady growth in revenue and profit, with significant contributions from both traditional and emerging business segments, indicating a robust operational synergy [6][29]. - The company is strategically positioned to benefit from the AI hardware upgrade and the wave of automotive intelligence, with a focus on continuous R&D investment and global capacity expansion [6][7]. Summary by Sections Company Overview - The company has established a solid foundation with high-quality customer resources and significant vertical integration capabilities, partnering with major global brands across various sectors [12][21]. - The business structure is diversified, covering multiple high-end consumer electronics and emerging markets, including smart automotive and AI technologies [21][25]. Financial Performance - Revenue is projected to grow from 544.91 billion yuan in 2023 to 1,395.99 billion yuan by 2027, with net profit increasing from 30.21 billion yuan to 83.81 billion yuan in the same period [4][6]. - The company has shown a compound annual growth rate (CAGR) of 22.34% in revenue and 21.67% in net profit from 2022 to 2024 [29]. Consumer Electronics - The company maintains a strong position in the consumer electronics sector, capitalizing on AI upgrades and innovations in foldable screens, which are expected to drive structural growth [48][49]. - The revenue from smartphones and computers is projected to increase significantly, with a notable rise in average selling prices due to product upgrades and market demand [30][34]. Smart Automotive - The company is expanding into the automotive electronics sector, enhancing its product value and business boundaries, with innovative products like ultra-thin laminated glass and smart cockpit components [6][33]. - Revenue from the automotive segment is expected to grow rapidly as the penetration of electric vehicles increases and new product developments continue [7][33]. Emerging Fields - The company is proactively entering emerging markets such as humanoid robotics and AI data centers, establishing a comprehensive vertical integration platform for these technologies [7][28]. - Collaborations with leading companies in various sectors are expected to foster innovation and accelerate growth in these new areas [6][7].

爱建证券有限责任公司研究员许亮1月12日发布研报《蓝思科技公司点评：CES2026蓝思科技发布前沿 应用进展》称，维持蓝思科技"买入"评级和盈利预测。 蓝思科技1月12日股价盘中最高达到43.44元，创年内高点。 中国经济网北京1月30日讯蓝思科技（300433）(300433.SZ)今日收报36.35元，跌幅3.17%。 ...

Core Viewpoint - The Xinchuang industry index experienced a decline of 2% on January 30, with significant drops in several companies, indicating a negative trend in the sector [1] Company Performance - Deepin Technology saw a decline of over 8% [1] - Zhongke Xingtu, Hu Silicon Industry, Langxin Technology, and Lens Technology each fell by more than 4% [1]