证券代码：300622 证券简称：博士眼镜 公告编号：2024-069 博士眼镜连锁股份有限公司 2024 年第二次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东大会没有否决或变更议案的情况发生； 2、本次股东大会不涉及变更前次股东大会决议。 一、会议召开和出席情况 （一）会议召开情况 7、本次股东大会的召集、召开符合《中华人民共和国公司法》《上市公司 股东大会规则》《深圳证券交易所创业板股票上市规则》等法律法规、规范性文 件及《博士眼镜连锁股份有限公司章程》的相关规定。 （二）会议出席情况 1、博士眼镜连锁股份有限公司（以下简称"公司"）于 2024 年 8 月 27 日 召开第五届董事会第五次会议审议通过了《关于召开 2024 年第二次临时股东大 会的议案》，通知内容详见 2024 年 8 月 29 日公司披露于巨潮资讯网 （www.cninfo.com.cn）的《博士眼镜连锁股份有限公司关于召开公司 2024 年第 二次临时股东大会的通知》（公告编号：2024-067）。 2、会议召开时间： （1）现场会议 ...

债权人如果提出要求公司清偿债务的，应根据《中华人民共和国公司法》等相 关法律法规的规定，向公司提出书面请求，并随附相关证明文件。 特此公告。 1 博士眼镜连锁股份有限公司 董事会 证券代码：300622 证券简称：博士眼镜 公告编号：2024-070 博士眼镜连锁股份有限公司 关于回购注销部分限制性股票的减资公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 博士眼镜连锁股份有限公司（以下简称"公司"）于 2024 年 7 月 5 日召开第五 届董事会第四次会议、2024 年 9 月 20 日召开 2024 年第二次临时股东大会，审议 通过了《关于调整 2021 年限制性股票与股票期权激励计划限制性股票回购价格及 回购注销部分限制性股票的议案》。鉴于限制性股票 2 名激励对象个人层面绩效考 核结果仅达到部分解除限售条件，公司回购注销上述 2 名激励对象已获授但尚未解 除限售的7,200 股限制性股票。回购注销完成后，公司注册资本相应减少7,200 元， 总股本相应减少 7,200 股。具体内容详见 2024 年 7 月 6 日公司披露于巨潮资讯网 （www. ...

北京│上海│深圳│杭州│广州│昆明│天津│成都│宁波│福州│西安│南京│南宁│济南│重庆│苏州│长沙│太原│武汉│贵阳│乌鲁木齐│郑州│石家庄│合肥│海南│青岛│拉孜 │香港│巴黎│马德里│斯德哥尔摩│纽约 BEIJING │SHANGHAI │SHENZHEN│HANGZHOU │GUANGZHOU│KUNMING │TIANJIN│CHENGDU│NINGBO │FUZHOU │XI'AN │NANJING│NANNING│JINAN│CHONGQING│SUZHOU│CHANGSHA│ 国浩律师（深圳）事务所 关于博士眼镜连锁股份有限公司 TAIYUAN│ WUHAN│GUIYANG│URUMQI│ZHENGZHOU│SHIJIAZHUANG│HEFEI│HAINAN│QINGDAO│LAZI│ HONG KONG│ PARIS│MADRID│STOCKHOLM│NEW YORK 博士眼镜 2024 年第二次临时股东大会法律意见书 实进行了核查和验证，现根据本所律师对事实的了解及对法律的理解，出具法律 意见如下： GLG/SZ/A2426/FY/2024-947 致：博士眼镜连锁股份有限公司 国浩律师（ ...

政旦志远（深圳）会计师事务所（特殊普通合伙）成立日期为 2005 年 1 月 12 日，注册地址为深圳市福田区莲花街道福新社区鹏程一路 9 号广电金融中心 14F，执行事务合伙人为张建栋。更名后，原"深圳大华国际会计师事务所（特 殊普通合伙）"的各项业务、权利和义务由"政旦志远（深圳）会计师事务所（特 殊普通合伙）"承继。 因此，公司 2024 年度财务审计机构名称变更为"政旦志远（深圳）会计师 事务所（特殊普通合伙）"。本次会计师事务所变更事项仅为名称变更，不涉及 主体资格变更，不属于更换或重新聘任会计师事务所事项。 特此公告。 证券代码：300622 证券简称：博士眼镜 公告编号：2024-068 博士眼镜连锁股份有限公司 关于会计师事务所更名的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 博士眼镜连锁股份有限公司（以下简称"公司"）于 2024 年 5 月 22 日召开 了 2023 年度股东大会，审议通过了《关于拟聘任会计师事务所的议案》，同意 聘任深圳大华国际会计师事务所（特殊普通合伙）为公司 2024 年度财务审计机 构。 公司于近日收到深 ...

Group 1: Business Strategy and Development - The company is leveraging its expertise in vision rehabilitation and prevention to explore new value in its professional capabilities [3] - As a full-channel eyewear retailer, the company is actively embracing the challenges of consumer connectivity, continuously expanding into shelf e-commerce, interest e-commerce, and local life services [3] - The company is committed to a talent-driven strategy, enhancing its professional workforce to support strategic goals [3] - The company aims to provide comprehensive vision correction solutions for smart glasses consumers, utilizing service experience to inform upstream product development [3] - The company will continue to seek merger and acquisition opportunities within the industry [3] Group 2: Online Channel Development - The company has established a presence on major social platforms like Weibo, Douyin, and Xiaohongshu, and has opened official stores on e-commerce platforms such as Tmall and JD [3] - In the first half of 2024, the company's total online transaction volume (GMV) reached 98.39 million yuan, a year-on-year increase of 0.93%, contributing 14.49% to overall revenue [3] - The official flagship stores on Tmall and JD saw a GMV increase of 27.11%, primarily driven by self-branded optical lenses [3] Group 3: Local Life Services - The company has opened official accounts on local life platforms like Douyin, Dazhong Dianping, and Ele.me, focusing on short video content to promote eye care knowledge and drive traffic to offline stores [4] - The company is enhancing its local life business through refined operations and optimized group purchase products [4] Group 4: Market Trends and Consumer Behavior - In the first half of 2024, functional lenses (excluding basic blue light blocking lenses) accounted for 32.04% of total lens sales, with a year-on-year growth of 45.29% [4] - There is a growing consumer focus on visual health, with increased willingness to invest in high-quality eyewear products and professional services [4]

Investment Rating - The report maintains a "Buy" rating for the company, with projected net profits of 140 million, 170 million, and 200 million yuan for 2024-2026, corresponding to P/E ratios of 34.3X, 28.5X, and 24.8X respectively [1] Core Views - The AR glasses market is experiencing rapid growth, with global and Chinese AR device shipments reaching 510,000 and 200,000 units in 2023, up 37.8% and 53.9% YoY respectively [1] - The company has a significant channel advantage, with a nationwide network of stores and partnerships with major AR players like Huawei, Rokid, and Thunderbird [1] - Customization capabilities in lenses are becoming a key competitive factor, with strong demand for digital, photochromic, and youth myopia control lenses [1] Industry Overview - The AR glasses market is highly concentrated, with the top 5 players accounting for 89.9% of the Chinese market in 2023 [1] - XREAL leads the global consumer AR market with an 81% share in H1 2022 [1] - The global AR device market is expected to reach 5 million units by 2027, with a CAGR of 77.0% from 2023-2027 [14] Company Strategy - The company is strengthening its position in the smart glasses sector through strategic investments and joint ventures, such as the planned collaboration with Thunderbird to develop a domestic version of Meta Ray-Ban [1] - It has established partnerships with multiple AR players, providing online prescription services and offline channel networks [1] - The company is expanding its retail network, with 515 stores nationwide as of 2023, including 495 directly operated stores [28] Financial Performance - Revenue is projected to grow from 1.176 billion yuan in 2023 to 1.771 billion yuan in 2026, with a CAGR of 14.6% [2] - Net profit attributable to shareholders is expected to increase from 128 million yuan in 2023 to 195 million yuan in 2026 [2] - The company's ROE is forecast to rise from 16.2% in 2023 to 18.5% in 2026 [2] Market Opportunities - The myopia control lens market in China is expected to exceed 30 million units by 2030, with a penetration rate of 30% and a market size of over 60 billion yuan [34] - The presbyopia lens market is driven by aging population and consumption upgrade trends, with annual demand of approximately 40 million pairs in China [36] - Emerging applications such as photochromic, night vision, and blue light blocking lenses present additional growth opportunities [42]

Investment Rating - The report maintains a "Buy" rating for the company, with projected net profits of 140 million, 170 million, and 200 million yuan for 2024-2026, corresponding to P/E ratios of 34.3X, 28.5X, and 24.8X respectively [1] Core Views - The AR glasses market is experiencing rapid growth, with global and Chinese AR device shipments reaching 510,000 and 200,000 units in 2023, up 37.8% and 53.9% YoY respectively [1] - The company has a significant channel advantage, with a nationwide network of stores and partnerships with major AR players like Huawei, Rokid, and Thunderbird [1] - Customization capabilities in lenses are becoming a key differentiator, with strong demand for digital, photochromic, and youth myopia control lenses [1] Market and Industry Analysis - The global AR device market is highly concentrated, with the top 5 players accounting for 89.9% of the Chinese market in 2023 and 55.7% globally in 2022 [1] - XREAL leads the global consumer AR market with an 81% share in H1 2022, while Thunderbird Innovation dominates the Chinese market with a 39.1% share in 2023 [1][17] - The AR industry is transitioning from B2B to B2C, with consumer sales accounting for 78.4% of the market in 2023 [1][14] Company Strategy and Positioning - The company is strengthening its position in the smart glasses sector through strategic investments and joint ventures, including a partnership with Thunderbird to develop a domestic version of Meta Ray-Ban [1] - It has established a comprehensive retail network across 23 provinces, leveraging partnerships with malls, supermarkets, and hospitals to enhance its channel capabilities [1] - The company is focusing on the integration of online and offline services, with a strong presence in both physical stores and e-commerce platforms [1] Financial Performance and Projections - Revenue is expected to grow from 1.176 billion yuan in 2023 to 1.771 billion yuan in 2026, with a CAGR of 14.6% [2] - Net profit attributable to shareholders is projected to increase from 128 million yuan in 2023 to 195 million yuan in 2026, with a CAGR of 15.1% [2] - The company's ROE is forecasted to rise from 16.2% in 2023 to 18.5% in 2026, indicating improving profitability [2] Product and Technology Trends - The AR glasses market is shifting towards lighter, more consumer-friendly designs, with magnetic/insertable myopia lenses becoming the mainstream [24] - Pre-installed prescription lenses are emerging as a key area of innovation, with companies like Apple and Meta investing heavily in this technology [24] - The company is actively participating in the development of advanced AR technologies, including partnerships for the production of customized lenses [24] Growth Opportunities - The myopia control market presents significant growth potential, with the penetration rate of defocus lenses expected to increase from 3.5% in 2021 to 30% by 2030 [33] - The aging population and rising consumer demand for premium products are driving growth in the presbyopia lens market, which currently accounts for only 1.5% of the total eyewear market [36] - Emerging applications such as photochromic, night vision, and anti-blue light lenses are creating new opportunities for companies with strong customization capabilities [42]

Investment Rating - The investment rating for the company is "Buy" with a previous rating of "Buy" as well [1]. Core Views - The company's performance in H1 2024 showed a revenue of 601 million yuan, a slight increase of 0.34% year-on-year, but a decline in net profit attributable to shareholders by 21.31% to 52 million yuan [1]. - The company is actively developing its own brand and product matrix, with functional lens sales accounting for 32.04% of total lens sales, achieving a rapid growth of 45.29% [1][2]. - The company plans to establish a joint venture with Thunderbird Innovation to develop AI-related smart glasses, with an investment of 3 million yuan for a 20% stake in the joint venture [2]. Financial Performance Summary - In H1 2024, the optical glasses and fitting services generated revenue of 385 million yuan, a decrease of 2.41%, with a gross margin of 68.42% [1]. - The company achieved a gross profit margin of 58.09% in H1 2024, with a net profit margin of 8.72%, reflecting a decrease of 2.40 percentage points [2]. - Revenue projections for 2024, 2025, and 2026 are estimated at 1.341 billion yuan, 1.555 billion yuan, and 1.828 billion yuan respectively, with net profits of 150 million yuan, 172 million yuan, and 202 million yuan [3]. Store Expansion and Online Strategy - The company opened 28 new stores and closed 13 in H1 2024, totaling 530 stores as of June 30, 2024 [1]. - Online sales in H1 2024 reached a GMV of 98 million yuan, accounting for 14.49% of total revenue, with significant growth in the official flagship store on major e-commerce platforms [1][2].

Investment Rating - The report maintains a "Buy" rating for the company [3] Core Views - The company has signed a cooperation framework agreement with Thunderbird Innovation to establish a joint venture with a registered capital of 15 million RMB, where the company will invest 3 million RMB for a 20% stake [1] - The joint venture aims to develop the first generation of audio + AI glasses, leveraging the company's offline sales channels and marketing strategies [1] - The collaboration is expected to replicate the success of Meta Ray-Ban, with both companies having strong market positions and capabilities in their respective fields [1] - The company has a well-established offline channel network with 501 direct stores and 29 franchise stores as of Q2 2024, enhancing its market penetration [1] - The company is positioned to benefit from the growing smart glasses market, having established partnerships with leading brands in the industry [1] Financial Summary - The company's projected revenue for 2024-2026 is expected to be 1.32 billion RMB, 1.54 billion RMB, and 1.77 billion RMB, respectively, with year-over-year growth rates of 12.3%, 16.2%, and 15.4% [2] - The net profit attributable to the parent company is forecasted to be 141 million RMB, 169 million RMB, and 195 million RMB for the same period, with growth rates of 9.8%, 20.5%, and 15.0% [2] - The company's P/E ratios for 2024-2026 are projected to be 34X, 28X, and 25X, indicating a favorable valuation trend [2]

Investment Rating - The report maintains a "Buy" rating for the company [3] Core Views - The company reported stable operations with a breakthrough in smart glasses, achieving revenue of 601 million yuan in H1 2024, a year-on-year increase of 0.3%, while net profit attributable to shareholders was 52 million yuan, a decrease of 21.3% [1] - The growth rate of optical glasses and fitting services has slowed, but the company is steadily expanding its direct and franchise stores, with a total of 501 direct stores and 29 franchise stores as of the end of Q2 2024 [1] - The company is enhancing its digital retail system and steadily advancing its franchise model, with a significant increase in the sales proportion of functional lenses [1] - The company is exploring the smart glasses sector, establishing stable partnerships with leading brands and planning to develop new products [1] Financial Summary - For H1 2024, the company achieved revenues of 385 million yuan from optical glasses, 107 million yuan from fitting services, and 80 million yuan from contact lenses, with respective year-on-year growth rates of -2.4%, +7.8%, and +3.6% [1] - The company expects net profits for 2024, 2025, and 2026 to be 140 million yuan, 170 million yuan, and 195 million yuan, respectively, with corresponding P/E ratios of 34X, 28X, and 25X [1][2] - The company’s revenue is projected to grow from 1.321 billion yuan in 2024 to 1.771 billion yuan in 2026, with year-on-year growth rates of 12.3% and 15.4% [2][8]