新光光电董事长被留置 公司回应：生产经营秩序一切正常 完成管理层履职安排

Core Viewpoint - The recent legal issues surrounding the actual controller and chairman of Harbin Xinguang Optoelectronics Technology Co., Ltd. have raised concerns about the company's governance and operational stability, especially as it faces ongoing financial losses and delays in its IPO fundraising projects [1][2][3]. Financial Performance - The company has reported continuous losses from 2022 to 2024, with net profit attributable to shareholders being negative for three consecutive years. The net profit excluding non-recurring gains and losses has been negative since 2020 [2]. - In the first half of 2025, the net profit attributable to shareholders was -20.79 million yuan, with the loss amounting to an increase of 28.78 million yuan compared to the previous period [2]. - The primary reason for the declining performance is a significant drop in revenue from core business operations, particularly a 65.89% year-on-year decrease in revenue from optical target and scene simulation systems [2]. IPO Fundraising Projects - The company raised approximately 865 million yuan from its IPO in July 2019, intending to invest in three core projects, but as of June 30, 2025, only 157 million yuan has been invested, with significant delays in project completion [3][4]. - The progress of the projects is as follows: the optical-mechanical-electrical integration product production line project has only seen 294,900 yuan invested (less than 2% completion), the aerospace optical equipment project has 1.13 billion yuan invested (49.23% completion), and the R&D center project has 40.97 million yuan invested (30.21% completion) [3]. - The completion dates for the first two projects have been postponed to December 2025, while the R&D center project has been delayed until December 2026 [3]. Operational Stability - Despite the legal issues faced by the chairman, the company has stated that its production and operational order remain normal, and it has taken measures to ensure management continuity [1]. - The company is cautiously advancing its fundraising projects to avoid idle fixed assets and ensure project quality, considering various factors such as existing orders and industry conditions [4][5].