ArcSoft(SH:688088) Zheng Quan Zhi Xing·2025-08-18 16:20Core Viewpoint - The company emphasizes its commitment to enhancing operational quality and investor returns through its 2025 "Quality Improvement and Return" action plan, focusing on innovation, core business development, and sustainable growth [2][11]. Group 1: Business Performance - In the first half of 2025, the company achieved operating revenue of 410.35 million yuan, a year-on-year increase of 7.73%, and a net profit attributable to shareholders of 88.54 million yuan, up 44.06% [3]. - The mobile intelligent terminal visual solutions generated revenue of 339.32 million yuan, growing by 2.23%, while the smart automotive and other AIoT visual solutions brought in 64.65 million yuan, reflecting a significant increase [3]. Group 2: R&D and Innovation - The company maintains a high level of R&D investment, with R&D expenses totaling 62.15% of its workforce being dedicated to innovation in computer vision technology [2]. - The Turbo Fusion technology for mobile devices has undergone continuous iterations, enhancing image processing efficiency and reducing system load, particularly in challenging lighting conditions [4][5]. Group 3: Strategic Initiatives - The company is expanding its AI glasses business through a dual strategy of deepening technology and building ecosystems, focusing on enhancing visual perception and image capture capabilities [6]. - In the automotive sector, the company has made significant progress in driver and passenger safety systems, achieving compliance with EU regulations and securing contracts with major automotive brands [7][8]. Group 4: Investor Returns - The company has implemented a stable profit distribution policy, with cumulative cash dividends amounting to 524.47 million yuan since its listing, representing 41.79% of the net funds raised [11]. - For the first half of 2025, the company plans to distribute cash dividends of 2.20 yuan per share, totaling 88.16 million yuan, which constitutes 99.58% of the net profit attributable to shareholders [11]. Group 5: Governance and Management - The company is enhancing its governance structure and has initiated adjustments to its governance framework to align with regulatory requirements [14]. - A focus on risk management and resource optimization is being emphasized to support business development and shareholder returns [13][14]. Group 6: Communication with Investors - The company has organized multiple investor communication activities, including performance briefings and workshops, to enhance transparency and trust with investors [15][16]. - A feedback mechanism has been established to address investor inquiries effectively, ensuring that their concerns are communicated to management [16].