Ge Long Hui·2025-08-27 02:38Core Viewpoint - The report from Haitong International indicates that Sunny Optical Technology's revenue for the first half of the year is largely in line with expectations, with a significant highlight being its profitability, which saw a year-on-year increase of 52.6% to 1.65 billion yuan [1] Revenue and Profitability - The management of Sunny Optical has reiterated confidence in achieving sustainable revenue growth in the mid to high single digits [1] - The company is expected to achieve higher profit margins due to stable smartphone shipment volumes [1] Price and Revenue Projections - The average selling prices for lenses and modules are projected to increase by 25% and 13% respectively this year, with further increases of 1.6% and 6% expected next year [1] - Revenue from the automotive product segment is anticipated to grow by 20% and 18% over the next two years [1] Target Price Adjustment - Haitong International has raised the target price for Sunny Optical from 72.1 HKD to 90.53 HKD, maintaining an "outperform" rating [1]