国盛证券：维持水晶光电“买入”评级，三大业务板块稳健发展

Group 1 - The core viewpoint of the report indicates that Crystal Optoelectronics has achieved steady growth in the first half of the year, with continuous optimization of its industrial structure and gradual improvement in profitability [1] - The company focuses on three core business directions: consumer electronics, automotive optics, and AR/VR, expanding its product matrix from single components to a combination of components, modules, and solutions [1] - In the consumer electronics sector, the company deepens collaboration with industry leaders to develop innovative optical products [1] Group 2 - In the AR/VR field, the company emphasizes technological research and development, having established a business layout that includes waveguide plates, 3D modules, core optical components, diffraction wafers, and reflective plates, as well as other 2D and 3D optical products required for smart head-mounted devices [1] - The company aims to collaborate with industry leaders to tackle optical challenges in the AR/VR sector and promote industry development [1] - The report maintains a "buy" rating for the company [1]