事实上，保隆科技与英飞凌的友好合作由来已久。依托英飞凌在半导体领域的技术创新实力及卓越的系统级解决方案，结合保隆科技在汽车行业的前瞻布局 与深厚积累，双方已在胎压监测系统、轮速传感器、悬架控制等多个核心技术领域取得显著合作成果，成功推动多项关键技术实现规模化应用与产业落地， 这份互信共赢的合作积淀，成为此次再度深化协作的重要前提。 据介绍，此次合作聚焦汽车安全与智能化核心领域，双方将在智能辅助驾驶和智能底盘领域加速技术迭代与商业化应用，为汽车产业提供更安全、更可靠的 解决方案。 12月19日，保隆科技宣布与英飞凌于12月18日在上海正式签订合作备忘录（MOU）。双方将基于既有合作基础，进一步深化汽车电子领域的技术协同与资 源整合，联合打造更安全、更智能、更具竞争力的智能汽车解决方案，助力汽车产业智能化、网联化升级与创新发展。 英飞凌凭借丰富的产品组合与领先的系统级解决方案，为全球汽车产业技术创新筑牢根基。而保隆科技作为国内领先的上市汽车智能科技企业，深耕智能辅 助驾驶感知系统与智能底盘操控系统核心业务，在汽车零部件研发、生产及市场应用领域积累了深厚的行业经验与技术沉淀，双方在行业内的优势互补为深 化合作奠定了 ...

Core Insights - Jiangsu Riju Optoelectronics Co., Ltd. reported a total revenue of 302 million yuan for the first half of 2025, marking an 8.06% year-on-year increase, while net profit attributable to shareholders reached 45.61 million yuan, up 37.87% year-on-year [1] Group 1: Traditional Business Performance - The traditional ITO (Indium Tin Oxide) conductive film business experienced a revenue decline of 8.17% year-on-year, totaling 127 million yuan, primarily due to a shift in technology routes in the large-size touch display sector and intensified price competition [1] - The demand for ITO conductive films has slowed down as infrared touch technology begins to replace traditional capacitive touch methods, although the overall trend remains relatively stable [1] Group 2: OCA Optical Adhesive Challenges - The OCA (Optical Clear Adhesive) business is facing challenges due to increased market price competition and high R&D investments, with production capacity nearing saturation but not yet achieving profitability [2] - To enhance cash flow and risk control, the company has decided to moderately reduce OCA production [2] - The company is developing new products such as foldable OCA and curved OCA optical adhesives, with a full UV type curved screen optical adhesive having completed trial production and entering client certification [2] Group 3: Growth in Smart Light Control Film - The smart light control film business showed significant growth, achieving revenue of 73.77 million yuan, a substantial increase of 127.66% year-on-year, driven by deep penetration in automotive applications [3] - The smart light control glass utilizes spectral selective control technology, providing features such as cabin temperature reduction by 8°C to 12°C and adjustable light transmittance from 5% to 80%, aligning with the trend of automotive intelligence upgrades [3] - The company offers a differentiated competitive advantage by covering four major technology routes: PDLC, SPD, EC, and LC, focusing on core automotive applications [3] Group 4: AR Optical Film Revenue - The AR (Augmented Reality) optical film series, primarily used in automotive displays, generated revenue of 25.6 million yuan, reflecting a year-on-year growth of 132.22% [4] - The company is actively advancing sample certifications for AR optical films in consumer electronics, medical, and commercial display sectors, with some products already certified [4] Group 5: Expansion Plans and Market Position - In June, the company announced plans to invest 822 million yuan to build a functional film project with an annual production capacity of 6 million square meters, focusing on enhancing the production capacity of smart light control films and optical films [4] - Analysts suggest that this expansion plan will help the company leverage economies of scale to reduce unit production costs and optimize supply chain efficiency, thereby solidifying its market share in the functional film segment [4] - The optical and optoelectronic industry is characterized by intense competition and rapid technological iteration, necessitating continuous R&D investment to meet rising performance and quality demands from downstream customers [4]