思特威：营收净利再创新高，技术创新助力影像发展再攀新高峰

Core Viewpoint - The company reported significant growth in revenue and net profit for the first half of 2025, driven by its focus on smart security, smartphones, and automotive electronics, while expanding its diverse business layout [1] Group 1: Financial Performance - In the first half of 2025, the company achieved operating revenue of 3.786 billion yuan, a year-on-year increase of 54.11% [1] - The net profit attributable to the parent company was 397 million yuan, reflecting a year-on-year growth of 164.93% [1] Group 2: Smartphone Sector - The company expanded its product offerings in the smartphone sector, significantly increasing the shipment of new high-end 50 million pixel products for flagship and mid-range smartphones [2] - The SC595XS product features a 110dB ultra-high dynamic range and various performance advantages, enhancing video capture quality for flagship smartphones [2] - The SC532HS product, based on a domestic Stacked BSI platform, balances performance and cost, suitable for mainstream smartphone applications [2] Group 3: Security Sector - The company maintains a global leading position in the smart security field, with a comprehensive product matrix and strong R&D capabilities [3] - New iterative products have shown significant sales increases, and the company holds a 46.2% market share in the global drone CIS market, with a year-on-year shipment growth of 13% [3] - The SC136HGS industrial image sensor product offers high sensitivity and dynamic range, optimized for various industrial machine vision applications [3] Group 4: Automotive Electronics - The company deepened collaborations with major automotive manufacturers, enhancing its industry solution capabilities and increasing the number of covered vehicle projects [4] - The SC360AT product, designed for automotive applications, features high sensitivity and low power consumption, supporting various ADAS applications [4] Group 5: New Product Development - The company actively expands into new fields, launching a 12 million pixel AI glasses application sensor and a compact medical application sensor, both with high performance advantages [5] - The SC1200IOT sensor meets the imaging needs of AI glasses, while the SC1400ME sensor enhances medical imaging quality [5] Group 6: R&D and Innovation - The company adheres to a product development philosophy of "developing one generation, mass-producing one generation, and pre-researching one generation," with R&D investment reaching 255 million yuan in the first half of 2025, a 28.15% increase year-on-year [6] - The company has obtained a total of 528 authorized patents, including 101 overseas patents, supporting its continuous technological innovation [6] - The company aims to consolidate and enhance its market position in smart security, smartphones, and automotive electronics while exploring new application areas for sustainable growth [6]