Forecam(SH:688010) Zheng Quan Shi Bao·2025-10-13 00:14Core Viewpoint - The company has successfully transformed its business model during the "14th Five-Year Plan" period, expanding from specialized and security lenses to infrared lenses, automotive lenses, AR/VR, machine vision, and projection optics. The next five years will focus on rapid growth in automotive and infrared lens sectors [1][3]. Group 1: Business Transformation and Growth - The company has transitioned from producing specialized and security lenses to a broader range of optical products, including infrared and automotive lenses, as well as machine vision technologies [1]. - The company has participated in significant national projects, providing optical lenses for missions such as the "Shenzhou series," "Chang'e lunar exploration," and "Tianwen-1," contributing to major national initiatives [1]. - The company raised nearly 1 billion yuan during its IPO on the Sci-Tech Innovation Board, primarily investing in cutting-edge optical component technologies [1]. Group 2: Product Development and Innovation - In the machine vision sector, the company has designed a continuous zoom microscope lens system achieving a resolution of 0.9 micrometers, suitable for precision defect detection in semiconductor circuits [1]. - The company has successfully developed a relay lens that fills a domestic gap, applicable in the semiconductor equipment field [1]. - The company is accelerating the integration of customized product technologies into non-customized sectors such as security and automotive applications, responding to global market demands [2]. Group 3: Market Opportunities - The automotive lens sector is expanding, with the company developing various products, including side-view glass-plastic hybrid lenses and different specifications for driver monitoring systems (DMS) [3]. - The infrared lens market is in its early growth stage, with decreasing chip prices and improving imaging quality driving rapid industry development, particularly in applications like drones, automotive, and smart home technologies [3]. - The company aims to leverage both customized and non-customized product lines to drive growth across multiple sectors, including automotive, drones, smart homes, and security [3].