特别提示： 证券代码：300433 证券简称：蓝思科技 公告编号：临 2025-048 蓝思科技股份有限公司 2024 年度权益分派实施公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 1、蓝思科技股份有限公司（以下简称"公司"或"本公司"）2024 年度利 润分配方案为：以实施权益分派股权登记日登记的总股本（4,982,772,171 股）扣 除公司回购专用账户中的回购股份（23,817,167 股）为基数（4,958,955,004 股）， 向全体股东每 10 股派发现金红利 4.00 元（含税），不送红股，不进行公积金转 增股本。在本次利润分配方案披露后至实施期间，因股份回购等导致公司总股 本或本次利润分配的股本基数发生变动的，将按照分配比例不变的原则相应调 整分配总额。 2、本次权益分派实施后，按公司总股本（4,982,772,171 股）折算的每股现 金分红比例以及据此计算的除权除息参考价相关参数和公式计算如下： 本次现金分红总额=实际参与现金分红的股本×每 10 股现金分红金额÷10 股 =4,958,955,004×4.000000÷10=1 ...

证券代码：300433 证券简称：蓝思科技 公告编号：临 2025-047 蓝思科技股份有限公司 关于提前归还部分临时补充流动资金的闲置募集资金的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 蓝思科技股份有限公司（以下简称"公司"）2025 年 1 月 13 日召开第四届 董事会第二十九次会议和第四届监事会第二十六次会议，审议通过了《关于使用 部分闲置募集资金暂时补充流动资金的议案》，同意公司使用不超过人民币 24 亿元的暂时闲置募集资金临时补充流动资金，使用期限自本次董事会审议通过之 日起不超过 12 个月，即本次补充流动资金到期日为 2026 年 1 月 12 日。2025 年 2 月、3 月、5 月，公司合计提前归还了 4 亿元临时补充流动资金的募集资金至 募集资金专项账户。具体内容详见公司于 2025 年 1 月 14 日、2 月 14 日、2 月 28 日、3 月 15 日、5 月 30 日在巨潮资讯网（http://www.cninfo.com.cn）等符合 中国证监会规定条件的媒体上发布的《关于使用部分闲置募集资金暂时补充流动 资金的公告 ...

Group 1 - The "Third Hometown Association Home Market Carnival" was recently inaugurated in Victoria Park, Hong Kong, organized by 30 provincial hometown associations, featuring 300 specialty stalls and 30 food stalls, along with new technology and sports interaction experience zones [1] - Hunan Province participated with over 30 brand enterprises showcasing Hunan products, with Lens Technology being a key exhibitor presenting advanced high-tech products in the new technology experience zone [1] - Lens Technology attracted significant attention from Hong Kong citizens, showcasing interactive robots and AR glasses that provided a glimpse into future technology [1][2] Group 2 - The Lingxi X1 humanoid robot demonstrated impressive movement and operational capabilities, developed by Zhiyuan Robotics with Lens Technology involved in core component manufacturing, assembly, and testing [2] - The AR glasses experience area saw long queues as citizens eagerly tried out Lens Technology's innovative optical technology, which utilizes self-developed nano-microcrystalline glass for lighter, more durable, and higher light transmission lenses [2] - Lens Technology is actively exploring lightweight, high-strength new materials to enhance future AI glasses' interaction methods and functional integration [2]

Core Viewpoint - The new materials industry in China is experiencing rapid growth driven by policy support, market demand, and technological innovation, with a projected total output value of 8.48 trillion yuan in 2024, maintaining double-digit growth for 14 consecutive years [1][3][20]. Group 1: Industry Definition and Classification - New materials refer to recently developed or developing structural and functional materials with superior properties. They can be classified into structural materials and functional materials based on their usage, and further categorized into four types: metal materials, inorganic non-metal materials, organic polymer materials, and advanced composite materials [1]. Group 2: Current Development Status - The new materials industry has expanded significantly, with the government focusing on electronic information materials, aerospace materials, new energy materials, and environmentally friendly materials. National high-tech industrial bases for new materials have been established in seven cities [3][5]. Group 3: Market Size and Structure - In 2024, the chemical new materials market is expected to account for approximately 22.08% of the total new materials market in China, while battery new materials will represent about 6.66%. By 2025, these figures are projected to be 21.75% and 6.97%, respectively [7]. Group 4: Competitive Landscape - Major companies in the new materials sector include Lens Technology, Antai Technology, China National Materials, and others, which are enhancing their international competitiveness through technological innovation and market expansion [12][16]. Group 5: Development Trends - The demand for new materials is increasing due to the rapid development of downstream industries such as information technology and new energy. The industry is transitioning towards low-carbon and green development, supported by significant technological advancements [20][23].

证券代码：300433 证券简称：蓝思科技 公告编号：临 2025-046 特此公告。 蓝思科技股份有限公司 关于提前归还部分临时补充流动资金的闲置募集资金的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 蓝思科技股份有限公司（以下简称"公司"）2025 年 1 月 13 日召开第四届 董事会第二十九次会议和第四届监事会第二十六次会议，审议通过了《关于使用 部分闲置募集资金暂时补充流动资金的议案》，同意公司使用不超过人民币 24 亿元的暂时闲置募集资金临时补充流动资金，使用期限自本次董事会审议通过之 日起不超过 12 个月，即本次补充流动资金到期日为 2026 年 1 月 12 日。2025 年 2 月、3 月，公司合计提前归还了 3 亿元临时补充流动资金的募集资金至募集资 金专项账户。具体内容详见公司于 2025 年 1 月 14 日、2 月 14 日、2 月 28 日、3 月 15 日在巨潮资讯网（http://www.cninfo.com.cn）等符合中国证监会规定条件的 媒体上发布的《关于使用部分闲置募集资金暂时补充流动资金的公告》《关于提 前归 ...

Group 1 - The Tonghuashun Fruit Index concept declined by 1.47%, ranking among the top declines in concept sectors, with notable declines in companies such as Lixun Precision, Zhongshi Technology, and Bluetech Optics [1][2] - Among the concept stocks, only two saw price increases, with Desai Battery and Anjie Technology rising by 0.19% and 0.16% respectively [1][2] - The main capital outflow from the Tonghuashun Fruit Index concept was 655.7 million yuan, with 18 stocks experiencing net outflows, and five stocks seeing outflows exceeding 50 million yuan [2][3] Group 2 - Lixun Precision had the highest net capital outflow of 171 million yuan, followed by Industrial Fulian and Changying Precision with outflows of 128 million yuan and 95 million yuan respectively [2][3] - The stocks with the highest net capital inflow included Dongshan Precision and Anjie Technology, with inflows of 21.16 million yuan and 2.34 million yuan respectively [2][3] - The trading performance of Lixun Precision showed a decline of 2.30% with a turnover rate of 1.37%, while Anjie Technology increased by 0.16% with a turnover rate of 1.04% [2][3]

Core Viewpoint - The company is positioned as a one-stop precision manufacturing solution provider for smart terminals, focusing on vertical integration and horizontal expansion in the industry chain [1] Group 1: Business Development - The company has expanded its product lines by establishing subsidiaries for new materials such as ceramics and sapphire, and has entered the smartphone mid-frame processing business through acquisitions [2] - The company has initiated a smart terminal assembly project, achieving a full industry chain layout from raw material production to complete assembly, which supports revenue growth [2] Group 2: Automotive Electronics - Since 2015, the company has been deeply involved in the new energy vehicle market, establishing long-term partnerships with major manufacturers like Tesla, BMW, and BYD [3] - The company produces a variety of automotive electronic products, including vehicle-mounted glass and components, which are expected to become a significant growth driver [3] Group 3: Emerging Businesses - The company has developed core manufacturing processes for foldable screens and supplies key components to major clients [4] - A strategic partnership with Rokid for AI/XR glasses has been established, covering the entire production chain from design to assembly [4] - The company has launched smart retail terminals in collaboration with Alipay, showcasing its rapid production capabilities [4] - The company has been involved in the robotics sector since 2016, successfully delivering humanoid robots in partnership with Zhiyuan Robotics [4] Group 4: Financial Projections - Revenue projections for 2025-2027 are estimated at 92.16 billion, 113.24 billion, and 132.63 billion yuan, with year-on-year growth rates of 31.85%, 22.88%, and 17.12% respectively [5] - Net profit forecasts for the same period are 5.03 billion, 6.40 billion, and 7.57 billion yuan, with growth rates of 38.91%, 27.05%, and 18.35% [5] - Earnings per share (EPS) are projected to be 1.01, 1.28, and 1.52 yuan for 2025, 2026, and 2027 respectively [5]

Investment Rating - The report assigns a "Buy" rating to the company [5] Core Viewpoints - The company is positioned as a leading provider of one-stop precision manufacturing solutions for smart terminals, leveraging its extensive experience in materials and technology to expand its business across various sectors [1][14] - The company has established a comprehensive vertical integration from raw material production to final assembly, enhancing its competitive edge in the consumer electronics and automotive electronics markets [15][20] - The company is actively exploring emerging markets such as AI/XR glasses, smart retail terminals, and humanoid robots, which are expected to contribute significantly to future growth [4][15] Summary by Sections Company Overview - The company, originally founded in 1993, has evolved into a leading precision manufacturing solution provider for smart terminals, with a focus on new materials, technologies, and equipment [1][14] - The company has a concentrated ownership structure, with the chairman and her husband holding over 62% of the shares [16] Business Layout - The company implements a "Four New Strategy" focusing on new materials, technologies, equipment, and fields, achieving both vertical and horizontal expansion in its operations [20][15] - It has established long-term strategic partnerships with leading global brands in consumer electronics and smart automotive sectors [20] Financial Analysis - The company has shown steady revenue growth, with a CAGR of 16.67% from 2018 to 2024, and a significant improvement in profitability since 2022 [27][29] - In 2024, the company achieved a net profit of 3.624 billion, reflecting a year-on-year increase of 19.94% [27] Consumer Electronics - The company is capitalizing on the growth of AI-enabled terminals, with a projected increase in global smartphone sales in 2024 [36] - The company has a comprehensive product offering that includes protective glass, metal frames, and various functional modules for consumer electronics [20][56] Automotive Electronics - The company has established a strong presence in the automotive electronics market, collaborating with major manufacturers to provide a range of products including in-car displays and structural components [3][20] Emerging Businesses - The company is actively developing technologies for foldable screens, AI/XR glasses, smart retail terminals, and humanoid robots, positioning itself for future growth opportunities [4][15] - It has formed strategic partnerships to enhance its capabilities in these emerging fields, such as collaborating with Rokid for AI glasses production [4][15]

Investment Rating - The report assigns a "Buy" rating to several companies related to the foldable phone and AI device supply chain, including SZS, Fositek, Lingyi, AVC, AAC, and Huaqin [17]. Core Insights - The report highlights a positive outlook for Lens Technology Co. (300433.SZ) as it expands its product offerings from smartphone components to emerging markets such as AI glasses and automotive components, which is expected to enhance profitability through improved utilization rates and specification upgrades [1][4]. - There is an anticipated increase in global foldable phone shipments and a rising demand for AI devices driven by generative AI use cases, aligning with the company's optimistic view on AI glasses and foldable phones [2][4]. Summary by Sections 2025 Outlook - Management is optimistic about growth in 2025, supported by new smartphone model launches from major customers, which is expected to improve utilization rates during traditionally slow seasons [4][8]. Tariffs' Impact - Tariffs are expected to have a minor impact on growth due to the company's shipping practices and global production sites in Vietnam, Thailand, Mexico, and China, allowing for flexible capacity adjustments [8][9]. New Business Expansion - Lens Tech aims to penetrate the automotive components market, targeting major OEMs with higher dollar content per vehicle, and has formed a strategic partnership with Rokid in the AI glasses sector, anticipating growth as market demand increases [9][4].

Summary of Key Points Core Viewpoint - The company, Lens Technology, has announced a share repurchase plan aimed at enhancing investor confidence and implementing employee stock ownership and incentive plans, with a total repurchase amount ranging from RMB 5 billion to RMB 10 billion [1][2]. Group 1: Share Repurchase Plan Overview - The repurchase will utilize self-owned or self-raised funds through centralized bidding, targeting a maximum share price of RMB 35 per share [2][3]. - The estimated number of shares to be repurchased ranges from approximately 14,285,714 shares (0.29% of total shares) to 28,571,429 shares (0.57% of total shares) based on the total repurchase amount [1][2]. - The repurchase period is set for 12 months from the date of board approval [2][3]. Group 2: Approval and Disclosure Procedures - The share repurchase plan was approved by the company's board of directors and does not require shareholder approval as per the company's articles of association [3]. - The company will fulfill its information disclosure obligations at various stages during the repurchase process, including updates on the progress of the repurchase [3][4]. Group 3: Funding and Compliance - The funding for the repurchase will come from the company's own funds or self-raised funds, with sufficient liquidity to meet the repurchase plan [4]. - The company has established a dedicated securities account for the repurchase, ensuring that the funds are used solely for this purpose [4]. Group 4: Insider Trading and Market Manipulation - A self-examination confirmed that no directors, supervisors, senior management, or major shareholders engaged in buying or selling the company's shares within six months prior to the board's decision on the repurchase [4].