Investment Rating - The report maintains an "Accumulate" rating for the company [3] Core Views - The company achieved significant revenue growth in the first half of 2025, with a year-on-year increase of 43.17%, and a net profit growth of 518.42% [1][2] - The acquisition of LUCEDA is expected to enhance the company's capabilities in the silicon photonics chip sector, aligning with the rapid growth in demand for high-performance computing and communication technologies [7][8] - The company's diverse product structure and advanced software solutions are driving sustainable growth and expanding its customer base beyond integrated circuit manufacturers to include design and testing enterprises [2][7] Financial Summary - Revenue projections show a steady increase from 478 million yuan in 2023 to 1,236 million yuan in 2027, with a compound annual growth rate (CAGR) of 27.4% [1] - The net profit is expected to rise from 129 million yuan in 2023 to 265 million yuan in 2027, reflecting a significant growth trajectory [1] - The company's earnings per share (EPS) is projected to increase from 0.64 yuan in 2023 to 1.32 yuan in 2027, indicating strong profitability potential [1][8]
广立微（301095）：25H1营收实现同比高增，收购LUCEDA深化硅光芯片布局