Core Viewpoint - The company has not yet applied its products in the fields of brain-machine interface electrodes and perception, but it will continue to monitor industry trends and expand its business areas accordingly [1] Company Summary - The company is currently not involved in the application of its products in brain-machine interface electrodes and perception [1] - The company is committed to keeping an eye on cutting-edge industry dynamics [1] - The company plans to integrate industry trends with its own business planning to explore new business areas [1]

Group 1 - The company has not yet applied its products in the field of brain-machine interface electrodes and perception [1] - The company will continue to monitor industry trends and expand its business areas in line with its business planning [1]

Core Viewpoint - The company has confirmed that its existing production lines and equipment can be adjusted and optimized to meet the initial commercial production needs of electronic skin without the need for large-scale investment in new equipment [1] Group 1: Production Capabilities - The company possesses mature production experience and equipment in flexible electronics and precision manufacturing, which supports the core manufacturing processes of electronic skin products [1] - There is significant technological commonality between the core manufacturing processes of electronic skin and some existing product lines, particularly in precision coating and flexible material processing [1] Group 2: Market Response Strategy - As market demand grows, the company plans to dynamically respond by gradually increasing the utilization of existing equipment and optimizing production line configurations based on actual order volumes [1] - The company aims to ensure supply through efficient and economical methods in response to market needs [1]

Core Viewpoint - The company has confirmed that its existing production lines and equipment can be adjusted and optimized to meet the initial commercialization needs of electronic skin without the need for large-scale investment in new equipment [1] Group 1 - The company possesses mature production experience and equipment in flexible electronics and precision manufacturing, which supports the rapid mass production of electronic skin products [1] - There is significant technological commonality between the core manufacturing processes of electronic skin products and some existing product lines, particularly in precision coating and flexible material processing [1] - As market demand grows, the company plans to dynamically respond by gradually increasing the utilization of existing equipment and optimizing production line configurations to ensure efficient and economical supply [1]

格隆汇8月6日丨斯迪克(300806.SZ)在投资者互动平台表示，关于固态电池相关技术一旦商业化后的生 产安排，公司现有生产线及设备经过针对性调试与工艺优化后，可满足初期商业化生产需求，无需大规 模投入新设备。公司在新能源材料精密制造领域已积累了成熟的生产经验与设备基础，固态电池相关产 品的核心制造环节（如高性能涂层、精密复合等）与公司现有部分产品线在工艺原理、设备适配性等方 面存在共通性，为快速响应商业化需求提供了扎实基础。后续随着市场需求增长，公司将根据实际订单 规模，通过提升现有设备利用率、优化产线配置等灵活方式动态调整，确保以高效、经济的模式保障供 应。 ...

Core Viewpoint - The company is actively exploring technological solutions for electronic skin and is preparing for sample development, indicating a commitment to innovation in this area [1] Group 1: Research and Development - The company's R&D team is focused on developing compatible technological solutions for electronic skin [1] - Sample development for electronic skin is currently in preparation [1] Group 2: Production Capabilities - Existing production lines and equipment can be adjusted and optimized to meet initial commercial production needs for electronic skin, eliminating the need for large-scale investment in new equipment [1] - The core manufacturing processes for electronic skin share significant technological commonality with existing product lines, particularly in precision coating and flexible material processing, providing a solid foundation for rapid mass production [1]

证券日报网讯斯迪克7月30日在互动平台回答投资者提问时表示，经内部确认，截至目前，公司并未参 与阿里巴巴WoWAI眼镜开发供货的相关事宜。公司始终关注行业发展动态和前沿技术应用，积极在自 身优势领域拓展业务合作，致力于为股东创造更大价值，若未来有相关合作机会且达到信息披露标准， 公司将及时履行信息披露义务。 （文章来源：证券日报） ...

Investment Rating - The report maintains a "Buy" rating for the company [1] Core Views - The company is a pioneer in the domestic substitution of optical OCA glue, with revenue expected to continue growing significantly. In 2024, the company's electronic-grade adhesive materials are projected to generate 1.43 billion yuan, a year-on-year increase of 66%, primarily driven by OCA optical glue [9] - The company is accelerating vertical integration to build a comprehensive supply chain, achieving over 70% self-sufficiency in key materials for OCA optical glue. This integrated approach is expected to enhance profitability as the scale effect materializes [9] - Profitability is currently under pressure due to prior investments, but profits are anticipated to grow rapidly after the peak of depreciation costs passes [9] Financial Forecasts and Investment Recommendations - The company is forecasted to achieve net profits attributable to the parent company of 141 million yuan, 275 million yuan, and 439 million yuan for the years 2025 to 2027, respectively. This is an adjustment from previous forecasts due to a downward revision in gross margin and an upward revision in revenue [3][10] - The target price is set at 19.52 yuan based on a comparable company PE of 32 times for 2026 [3][10] - Revenue projections for the company are as follows: 1,969 million yuan in 2023, 2,691 million yuan in 2024, 3,535 million yuan in 2025, 4,431 million yuan in 2026, and 5,345 million yuan in 2027, reflecting a compound annual growth rate of 20.6% from 2025 to 2027 [5][11]

Group 1 - Chinese assets are experiencing a resurgence, with NIO and Li Auto rising nearly 7% as foreign investment increases in A-shares [2] - The Invesco Global Sovereign Asset Management Research indicates a noticeable recovery in interest from international investment institutions towards the Chinese market, managing approximately $27 trillion in assets [2] - Several foreign institutions express optimism about Chinese assets due to the stable economic performance, policy benefits, and improved corporate earnings outlook [2] Group 2 - The U.S. House of Representatives has advanced cryptocurrency legislation, supported by President Trump, which has led to significant stock price increases for companies in the crypto sector [3] - Blue Ocean Interactive surged over 45% after announcing the establishment of LK Crypto, focusing on mainstream crypto asset management and RWA [3] - Hong Kong is actively developing stablecoin products, creating a dual regulatory framework that connects the U.S. dollar stablecoin with the mainland [3] Group 3 - The Hong Kong IPO market is witnessing a surge, with a significant increase in financing amounts, reflecting global capital's confidence in China's industrial upgrade and consumption potential [7] - On July 9, the Hong Kong Stock Exchange saw five companies queueing for listing in a single day, raising over 10 billion HKD [7] Group 4 - The domestic consumption and investment policies are being emphasized by the Chinese government to strengthen the domestic circulation [5][6] - Analysts highlight the urgency and necessity of promoting consumption as a core strategy for economic growth [6] Group 5 - The A-share market has seen an increase in financing balance for eight consecutive days, totaling an increase of 44.038 billion CNY, indicating positive market sentiment [10] - Analysts suggest that the current macro environment and market risk appetite signal potential for further market growth [10] Group 6 - The number of private equity MOM products registered this year has reached a new high, with 43 products registered by July 15, surpassing the total for the past nine years [14] - This trend indicates a strong interest in the MOM fund model, which allows for diversified asset management [14] Group 7 - The beverage brand Wahaha is facing a decline in sales following a family dispute involving its chairman, which has raised concerns among distributors [16] - The internal family conflict could potentially disrupt the competitive landscape of the Chinese beverage industry [16] Group 8 - The domestic electric vehicle market is seeing significant growth, with L2-level assisted driving penetration exceeding 50% [18] - The heavy truck sales in the first half of the year have increased by approximately 7%, with new energy heavy trucks being a major highlight [18] Group 9 - The stock market is experiencing fluctuations, with the Shanghai Composite Index slightly declining by 0.03% to 3503.78 points [19] - The Hong Kong market is also showing mixed performance, with the Hang Seng Index and the Hang Seng Tech Index experiencing slight declines and gains, respectively [19] Group 10 - The U.S. stock market has seen gains driven by positive economic data and corporate earnings reports, with the S&P 500 rising by 0.45% [20] - Approximately 88% of S&P 500 companies that have reported earnings exceeded analyst expectations, boosting investor confidence [20] Group 11 - Several foreign investment banks have expressed positive views on the Chinese market, with Citigroup raising its ratings for Chinese and Korean markets to "overweight" [21] - Citigroup projects the Hang Seng Index to reach 25,000 points by the end of the year and the CSI 300 Index to reach 4,200 points [21] Group 12 - The stock market's investment logic is shifting towards cash flow analysis in a low-interest-rate environment, with a focus on high-dividend and strong cash flow companies [22] - Analysts are optimistic about sectors such as automotive, electronics, and traditional high-growth areas like AI and pharmaceuticals [22]

Group 1: US Market Performance - Strong retail sales data and a decrease in initial jobless claims led to a rise in the US dollar and stock market, with the S&P 500 and Nasdaq closing at new highs [1][2] - The S&P 500 index rose by 0.54%, the Dow Jones increased by 0.52%, and the Nasdaq gained 0.74% [2] Group 2: Company Earnings and Stock Movements - Netflix's stock dropped by 2% after its earnings report, while PepsiCo's shares rose by 7.4% [3] - Microsoft and Nvidia both saw approximately 1% increases in their stock prices [3] - TSMC reported better-than-expected earnings, with its ADR rising by 3.38%, marking three consecutive days at historical highs [3] Group 3: Bond and Commodity Markets - The 2-year US Treasury yield rose by over 3 basis points, while the dollar appreciated by 0.33% [4] - Gold prices fell by over 1.1% before rebounding, ultimately closing down by 0.28% [5] - Oil prices initially dropped but later increased, with US crude rising nearly 2% from its daily low [5] Group 4: AI and Technology Developments - Nvidia's VP announced plans to port CUDA to the RISC-V architecture, indicating strong demand for AI chips [12][16] - TSMC's Q2 net profit surged by 61%, exceeding expectations, with a projected sales growth of about 30% for the year [12] Group 5: Investment Strategies and Market Trends - Dongfang Securities noted that the Shanghai Composite Index has remained above 3500 points for six trading days, indicating a potential upward trend in the market [13] - The technology sector, particularly AI, robotics, and semiconductors, is expected to remain a long-term focus for investors [13] Group 6: Industry-Specific Developments - Chongqing issued a plan to cultivate the recycling industry for new energy vehicle batteries, aiming for a 90% coverage rate by 2027 [9] - Shanghai's health departments released guidelines to promote the transformation of scientific achievements in medical institutions [10] Group 7: New Financial Products - Huaxia Fund (Hong Kong) launched two tokenized money market funds, including the world's first RMB tokenized fund [11]