格隆汇1月29日丨联合光电(300691.SZ)发布2025年度业绩预告，报告期内，归属于上市公司股东的净利 润850万元-1,250万元，同比下降67.59%-77.96%；扣除非经常性损益后的净利润为亏损3,000万元— 4,350万元，上年同期盈利2,820.53万元。 2025年，公司预计销售收入实现持续增长，但归属于上市公司股东的净利润同比下降超过50%，报告期 内业绩变动主要原因为：1、战略性投入大幅增加：主要为培育新技术、新产品所投入的研发项目、技 术储备、模具、市场拓展等涉及公司整体核心竞争力强化提升的费用支出，具体为总部及部分子公司研 发、管理、销售费用增长。2、报告期内理财收益减少，财务费用增加。3、计入非经常性损益的投资收 益增加：为深化战略聚焦、优化资源配置，报告期内公司对毫米波雷达、轮式医疗服务及物流配送机器 人等非核心业务进行战略性调整，相关调整导致报告期内投资收益有所增加。 ...

"AI正改变生活。我们的眼镜与手机连接后，能在驾驶时提供导航，在过关时实现实时多语言翻译。"龚 俊强现场介绍。这款产品外观与普通眼镜无异，可作为近视镜或平光镜日常佩戴，需使用时只需轻触镜 腿开关即可唤醒AR功能。记者亲身体验后感到，其设计兼顾了舒适度与时尚感。 产品背后是扎实的科技支撑。联合光电官网显示，这家于2005年8月在火炬高新区创业中心成立的企 业，已在光学防抖、超高倍率变焦镜头及超高清4K激光显示等领域成为国内唯一实现独立开发并规模 量产的企业。其自主研发新技术产品并申请光学领域相关专利达700多项，形成了集光电产品设计开 发、超精密加工及智能制造为一体的完整业务体系。 龚俊强透露，该AR眼镜目前已链接多方软件服务生态，增强了用户黏性，产品主要销往海外，订单已 排到一两个月之后。"我们的目标，是把广东高品质、高性价比的产品又好又快地推向全球消费者。" 在2026年广东省两会期间，21地市举行的开放团组活动不仅聚焦发展要事、民生实事和媒体交流互动， 更化身为一场"热气腾腾"的"广货种草大会"。来自中山市的省人大代表、联合光电科技股份有限公司 （简称"联合光电"）董事长龚俊强，向外界亮出了代表中山制造实 ...

Financial Performance Forecast - The company expects a net profit of approximately 850,000 to 1,250,000 CNY for 2025, representing a decline of 77.96% to 67.59% compared to the previous year[5]. - The net profit after deducting non-recurring gains and losses is projected to be between -4,350,000 and -3,000,000 CNY, indicating a decline of 254.23% to 206.36% year-on-year[5]. - The performance forecast is based on preliminary estimates and has not yet been audited by the annual audit firm[6]. - The specific financial data will be detailed in the company's 2025 annual report, and investors are advised to be aware of investment risks[10]. Revenue and Investment Outlook - The company anticipates continuous growth in sales revenue for 2025, despite the expected decline in net profit[8]. - Strategic investments have significantly increased, particularly in R&D projects, technology reserves, molds, and market expansion, which are essential for enhancing the company's core competitiveness[8]. - Investment income from non-recurring gains is expected to rise due to strategic adjustments in non-core businesses, including millimeter-wave radar and logistics robots[9]. Financial Income and Expenses - Financial income is expected to decrease, while financial expenses are projected to increase during the reporting period[9].

联合光电公告，预计2025年度净利润为850万元至1250万元，同比下降67.59%至77.96%。预计扣除非经 常性损益后的净利润为-4350万元至-3000万元，同比下降206.36%至254.23%。业绩变动主要原因为： 1、战略性投入大幅增加：主要为培育新技术、新产品所投入的研发项目、技术储备、模具、市场拓展 等涉及公司整体核心竞争力强化提升的费用支出，具体为总部及部分子公司研发、管理、销售费用增 长。2、报告期内理财收益减少，财务费用增加。3、计入非经常性损益的投资收益增加 ...

证券日报网讯1月27日，联合光电（300691）在互动平台回答投资者提问时表示，公司专注于光学镜头 及光电产品的研发制造，持续强化技术研发与产品创新，积极把握市场发展机遇。关于向2026-2030年 的未来5年产值目标，是公司未来业务战略规划的业绩预估及经营管理层努力的目标，不构成业绩承诺 或业绩预测，公司业绩受宏观经济、行业市场环境等诸多因素影响存在不确定性，敬请投资人注意相关 风险，理性决策，公司的业绩以定期报告披露的财务数据为准，具体财务数据及阶段性进展敬请关注公 司后续发布的定期报告及相关公告。 ...

证券日报网讯1月27日，联合光电（300691）在互动平台回答投资者提问时表示，公司将严格按照法律 法规的相关规定履行信息披露义务。 ...

Core Viewpoint - The company, United Optoelectronics, is experiencing fluctuations in its financing activities and shareholder structure, with a notable decrease in net profit despite a slight increase in revenue. Group 1: Financing Activities - On January 16, United Optoelectronics saw a financing buy-in of 8.83 million yuan, with a net financing outflow of -1.76 million yuan, resulting in a total financing balance of 207 million yuan, which accounts for 4.27% of its market capitalization [1] - The financing balance is currently below the 10th percentile level over the past year, indicating a low position in terms of financing activities [1] - The company had no short-selling activities on January 16, with a short-selling balance of 0, also reflecting a low level compared to the 50th percentile over the past year [1] Group 2: Financial Performance - For the period from January to September 2025, United Optoelectronics reported a revenue of 1.436 billion yuan, marking an 8.11% year-on-year increase [2] - The company recorded a net loss attributable to shareholders of 24.37 million yuan, which represents a significant decline of 168.14% compared to the previous period [2] Group 3: Shareholder Structure - As of September 30, 2025, the number of shareholders for United Optoelectronics decreased by 4.39% to 22,800, while the average circulating shares per person increased by 4.59% to 9,668 shares [2] - The company has distributed a total of 245 million yuan in dividends since its A-share listing, with 88.6 million yuan distributed over the past three years [3] - Hong Kong Central Clearing Limited is now among the top ten circulating shareholders, holding 2.21 million shares as a new shareholder [3]

Core Viewpoint - The optical imaging industry is experiencing a wave of capital operations characterized by mergers, acquisitions, and financing, driven by the promising market prospects in emerging technology fields such as automotive lenses, AR/VR optics, and machine vision. However, the aggressive expansion strategies of some companies are facing scrutiny due to weak profitability, uncertainty of acquired assets, and regulatory risks [2][10]. Group 1: Company Operations - The main business of the company is the design, development, precision manufacturing, sales, and technical services of optical lenses, with applications in security video surveillance cameras, smartphones, automotive imaging systems, and more [3]. - In recent years, the company has accelerated its asset acquisition pace, with multiple acquisitions planned, including a 100% stake in Changyi Optoelectronics and stakes in various other companies to enhance its presence in smart automotive and optical lens sectors [3][5]. Group 2: Financial Performance - In 2024, the company reported revenue of 1.88 billion, a year-on-year increase of 14.15%, but net profit attributable to shareholders decreased by 40.02% to 39 million. In the first three quarters of 2025, revenue was 1.44 billion, an 8.11% increase, but the company recorded a net loss of 24 million [7]. - The company has faced ongoing cash flow issues, with operating cash flow consistently lower than capital expenditures in most years. The collection period for accounts receivable has increased from 74 days in 2021 to 115 days in the first three quarters of 2025, indicating worsening cash collection [7][10]. Group 3: Capital Operations and Risks - The company is planning to raise 260 million through a private placement to fund the acquisition of Changyi Optoelectronics, which has over 50% of its revenue from Sunny Optical, indicating a high customer concentration risk [6]. - Despite attempts to alleviate financial strain through asset sales, including the sale of 99% of Lianhui Fund and 66.66% of Ruijin Technology, these measures have not fundamentally resolved the company's cash flow issues [10]. - The market is increasingly cautious about the disconnect between high capital enthusiasm and the underlying operational fundamentals of some companies, highlighting risks associated with high valuations, integration challenges, and regulatory scrutiny [10].

Group 1 - The company emphasizes the importance of market value management [1] - The company will continue to focus on its optical main business [1] - The company aims to enhance its operational management level and strengthen its core competitiveness [1]

Group 1 - The core viewpoint is that the stock prices of companies in the optical optoelectronics industry are influenced by multiple factors, including macroeconomic environment, industry trends, and market sentiment [1] - The company management team is committed to improving its operations to deliver better performance and returns to investors [1]