证券代码：301479 证券简称：弘景光电 公告编号：2025-046 广东弘景光电科技股份有限公司 2025 年第二次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 特别提示： 1、本次股东会没有出现否决议案的情形。 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 （1）现场会议时间：2025 年 8 月 25 日（星期一）14:30 （2）网络投票时间：2025 年 8 月 25 日 其中，通过深交所交易系统进行网络投票的时间为 2025 年 8 月 25 日 9:15-9:25， 9:30-11:30，13:00-15:00；通过证券交易所互联网投票系统投票的具体时间为 2025 年 8 月 25 日 9:15-15:00 2、会议召开地点：广东省中山市火炬开发区勤业路 27 号会议室 3、召开方式：本次股东会采用现场表决与网络投票相结合的方式召开 4、召集人：公司董事会 1、会议召开时间： 5、主持人：董事长赵治平先生 6、本次股东会会议召开符合相关法律法规、深圳证券交易所（以下简称"深 ...

法律意见书 广东华商律师事务所 关于广东弘景光电科技股份有限公司 2025 年第二次临时股东会的 法律意见书 二〇二五年八月 深圳市福田区深南大道 4011 号香港中旅大厦 21-26 楼 法律意见书 广东华商律师事务所 关于广东弘景光电科技股份有限公司 2025 年第二次临时股东会的 法律意见书 致：广东弘景光电科技股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）《中华人民共 和国证券法》（以下简称"《证券法》"）《上市公司股东会规则》（以下简称 "《股东会规则》"）等法律、行政法规、规范性文件以及《广东弘景光电科技 股份有限公司章程》（以下简称"《公司章程》"）的规定，广东华商律师事务 所（以下简称"本所"）接受广东弘景光电科技股份有限公司（以下简称"公司"） 委托，指派本所律师出席公司 2025 年第二次临时股东会（以下简称"本次股东 会"或"本次会议"），对本次股东会的相关事项进行见证，并据此出具本法律 意见书。 本法律意见书仅对本次会议召集和召开的程序、召集人资格、出席本次会议 的人员资格及表决程序是否符合相关法律事项和公司章程的规定以及本次会议 审议议案的表决结果是否有效进行核 ...

截至2025年8月22日15时，弘景光电股价报103.80元，较前一交易日上涨0.80元，涨幅0.78%。当日开盘 价为102.05元，最高触及104.49元，最低下探101.38元，成交量为2.13万手，成交额2.20亿元。 风险提示：市场有风险，投资需谨慎。 弘景光电主营业务涵盖光学光电子领域，产品涉及全景/运动相机、智能家居等。公司注册于广东，属 于次新股板块。 8月22日，弘景光电披露了机构调研信息，汇添富基金、华泰证券等多家机构参与。公司表示，2025年 上半年实现营业收入7.01亿元，同比增长55.72%；归母净利润7552.43万元，同比增长10.22%。其中， 全景/运动相机业务营收占比约49.66%，智能家居业务占比22.80%。 资金流向方面，弘景光电8月22日主力资金净流出584.21万元，近五日累计净流出1.27亿元。 ...

投资者关系活动 类别 特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 其他 电话会议 参与单位名称及 人员姓名 汇添富基金：劳杰男、陈潇扬、袁锋、马磊、刘闯、韩政沅； 华泰证券：王心怡、张洪昆；开源证券：仇方君。 时间 2025 年 8 月 22 日 地点 公司会议室、电话会议 公司接待人员 姓名 董事会秘书林琼芸女士 证券事务代表钟倩文女士 投资者关系活动 主要内容介绍 1、公司 2025 年上半年经营情况。 2025 年上半年，公司实现营业收入 70,113.98 万元，同比增 长 55.72%；实现归属于母公司股东的净利润 7,552.43 万元，同 比增长 10.22%。其中全景/运动相机业务营业收入占比约 49.66%， 智能家居业务营业收入占比约 22.80%，智能汽车业务营业收入占 比约 18.90%，新业务营业收入占比约 7.55%。 2、公司 2025 年上半年毛利率下降的原因。 公司毛利率下降主要原因是毛利率较低的摄像模组占比增加 以及导入的新产品良率仍处于爬升期等。 上半年，公司产品结构发生变化，摄像模组业务销售占比进 一步增加；同时全景/运动 ...

证券日报网讯弘景光电（301479）8月20日在互动平台回答投资者提问时表示，公司产品主要应用于智 能家居、智能汽车和全景/运动相机三大领域。公司产品可以应用于无人机，公司积极关注并跟进相关 领域的业务机会。公司与影石创新是战略合作关系，未来根据实际情况积极推动与影石创新在影像相关 各个领域的深入合作，具体业务情况请关注公司相关公告。 ...

Core Viewpoint - The company reported significant revenue growth in the first half of 2025, driven by strong demand in its core business areas, including panoramic/action cameras, smart home, and smart automotive sectors [1][2]. Financial Performance - The company achieved a revenue of 701 million yuan in the first half of 2025, representing a year-on-year increase of 55.72% [1][2]. - The net profit attributable to shareholders was 76 million yuan, up 10.22% year-on-year, while the net profit excluding non-recurring items was 73 million yuan, reflecting a 7.23% increase [1][2]. - In Q2 2025, the company recorded a revenue of 422 million yuan, marking a year-on-year growth of 67.12% and a quarter-on-quarter increase of 51.63% [1][2]. Business Segmentation - Revenue breakdown for the first half of 2025: panoramic/action camera business accounted for approximately 49.66%, smart home business for about 22.80%, smart automotive business for around 18.90%, and new business ventures for about 7.55% [2]. - The growth in revenue is attributed to the booming demand in the core downstream sectors, despite the net profit growth lagging behind revenue growth due to increased management expenses from IPO costs and a higher proportion of lower-margin products [2]. Market Outlook - The company is optimistic about the growth potential of the panoramic camera market, viewing it as a vital tool for content creators in the short video era [3]. - The competitive landscape is seen as favorable, with major players like DJI contributing positively to market education and product awareness, benefiting all manufacturers as the market expands [3]. - The potential market size for panoramic cameras is estimated to be significant, with a projected shipment volume nearing 10 million units if penetration rates reach 15% among content creators on platforms like YouTube [3]. Client Base and Partnerships - The company has established itself as a pioneer in smart home, smart automotive, and action camera sectors, building a robust client base over years of market development [4]. - In the smart automotive sector, the company has secured partnerships with major manufacturers such as Daimler-Benz, Nissan, and Geely, indicating strong market recognition [4]. - In the smart home sector, the company is a key supplier for high-end brands like Ring and Blink in the European and American markets [4]. - The company has also formed a long-term partnership with a leading player in the panoramic camera market, enhancing its competitive position [4]. Investment Outlook - The company is projected to achieve net profits of 220 million, 290 million, and 360 million yuan for the years 2025 to 2027, with corresponding EPS of 2.49, 3.28, and 4.08 yuan per share [5]. - The price-to-earnings ratio based on the stock price as of August 19, 2025, is estimated to be 43.2, 32.7, and 26.3 for the respective years, maintaining a "buy" rating for the company [5].

Investment Rating - The investment rating for the company is "Buy" (maintained) [2] Core Views - The company reported a revenue of 701 million yuan for the first half of 2025, representing a year-on-year growth of 55.72%, with a net profit attributable to the parent company of 76 million yuan, up 10.22% year-on-year [5][6] - The company has established a strong customer base and is well-positioned in the smart home, smart automotive, and panoramic/sports camera sectors, benefiting from the growth in these industries [6][9] - The report highlights the potential of panoramic cameras as tools for content creation in the short video era, with a significant market opportunity driven by the number of creators on platforms like YouTube [7][9] Financial Performance - For Q2 2025, the company achieved a revenue of 422 million yuan, a year-on-year increase of 67.12% and a quarter-on-quarter increase of 51.63% [5] - The company expects net profits for 2025-2027 to be 220 million, 290 million, and 360 million yuan respectively, with corresponding EPS of 2.49, 3.28, and 4.08 yuan per share [10] - The projected P/E ratios for 2025, 2026, and 2027 are 43.2, 32.7, and 26.3 times respectively [10] Market Position and Strategy - The company has secured partnerships with major automotive manufacturers such as Daimler-Benz, Nissan, and Geely, enhancing its market recognition [8][9] - In the smart home sector, the company is a key supplier for mid-to-high-end brands in the European and American markets [9] - The company has also made initial progress in the machine vision business, with successful product launches in areas like robotic lawn mowers and motion-sensing gaming devices [9]

Core Viewpoint - The company reported significant growth in revenue and net profit for the first half of 2025, driven by strong demand in its core business areas, particularly in smart automotive and consumer optical products [4]. Company Overview - The company specializes in the research, design, production, and sales of optical lenses and camera modules, focusing on providing optical imaging and video solutions globally [3]. - The main products include optical lenses and camera modules for smart automotive applications and emerging consumer markets [3]. Financial Performance - The company achieved operating revenue of 701.14 million yuan, a year-on-year increase of 55.72% - The net profit attributable to shareholders was 75.52 million yuan, reflecting a year-on-year growth of 10.22% - Revenue breakdown: panoramic/sport camera business accounted for approximately 49.66%, smart home business for about 22.80%, and smart automotive business for around 18.90% [4]. Business Strategy - The company continues to implement its "3+N" product strategy, focusing on market expansion and enhancing customer collaboration [5][6]. - The company is actively exploring new business areas such as industrial inspection, medical applications, and machine vision, aiming to optimize its product structure [6]. Market Development - The company has strengthened its market expansion efforts by deepening cooperation with leading brands in downstream industries and maintaining regular technical exchanges with CMOS and ISP manufacturers [7]. - The company has seen a significant increase in the production of camera modules, with a year-on-year growth exceeding 80% [7]. Research and Development - The company has expanded its R&D team and accumulated core technologies in optical lens development, with a total of 314 domestic patents, including 135 invention patents [6].

Investment Rating - The investment rating for the company is "Buy" [5] Core Insights - The company reported a revenue of 701 million yuan for the first half of 2025, representing a year-on-year increase of 55.72%, and a net profit attributable to shareholders of 76 million yuan, up 10.22% year-on-year [1] - The company's "3+N" strategic layout is expected to drive long-term growth, with significant market shares in various segments including smart cameras and automotive lenses [4] Financial Performance Summary - For the first half of 2025, the gross margin was 24.42%, down 6.33 percentage points year-on-year, primarily due to an increase in the proportion of low-margin camera modules [3] - The company achieved a revenue of 422 million yuan in the second quarter of 2025, reflecting a year-on-year growth of 67.12% and a quarter-on-quarter increase of 51.63% [2] - The projected revenues for 2025-2027 are 1.66 billion, 2.32 billion, and 2.97 billion yuan, with year-on-year growth rates of 52.1%, 39.8%, and 27.9% respectively [8] Strategic Initiatives - The company has established itself as a key supplier for major brands in the smart home sector, achieving over 10% market share in the global smart camera market by 2024 [4] - In the automotive lens market, the company has entered partnerships with leading manufacturers, achieving a market share of 3.70% by 2024, ranking seventh globally [4] - Emerging business segments have shown significant growth, with revenues increasing by 125.52% year-on-year, driven by successful product launches [4]

（编辑 任世碧） 证券日报网讯 8月18日晚间，弘景光电发布公告称，公司于2025年8月15日召开了第三届董事会第十五 次会议及第三届监事会第十一次会议，审议通过了《关于使用自有资金、银行承兑汇票、信用证及外汇 等方式支付募投项目部分款项并以募集资金等额置换的议案》，同意公司及子公司在募集资金投资项目 （简称"募投项目"）实施过程中，根据实际情况使用自有资金、银行承兑汇票、信用证及外汇等方式支 付募投项目所需资金，并以募集资金等额置换，即从募集资金专户划转等额资金至公司自有资金账户， 该部分等额置换资金视同募投项目使用资金。 ...