投资者关系活动记录表 编号：2025-10 投资者关系活动 类别 ☑ 特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 ☑ 现场参观 其他 投资者策略会 参与单位名称 申万宏源、国泰海通、东方财富、浙商证券、广发基金、华 安基金、南方基金、平安基金、平安保险、国寿养老、新华 基金、海富通基金、榕树投资、荣炜基金、富涌谷、天辰元 信、新智达、上海证券、山楂树资产、万泰华瑞、金融街证 券、大恒科技、金鼎投资、老渔民投资、富纳投资、鹏扬基 金、中安汇富、鸿通投资、德楷基金、中国创融（以上排名 不分先后） 时间 2025 年 11 月 10 日-2025 年 11 月 27 日 地点 深圳市南山区总部、投资者现场、策略会现场 上市公司接待人 员姓名 副总经理兼董事会秘书 张勇 投资者关系活动 主要内容介绍 张勇先生就公司最新业务情况进行了介绍，交流的主要 问题如下： 一、 请问公司 PCB 业务目前进展如何？ 答：针对消费电子、半导体、算力等行业的 PCB/FPC 高 工艺需求，公司用固体纳秒和超快激光技术取代传统机械加 工方式，开发了一系列激光器和激光设备，可应用于切割、 投资者关系活 ...

Core Viewpoint - Inno Laser is actively tracking relevant applications and has developed ultra-precision drilling equipment that utilizes ultrafast lasers, achieving stable processing of micro-hole diameters ranging from 30 to 70 micrometers, with a drilling efficiency of up to 10,000 holes per second [1] Group 1 - The company has received positive feedback from customers regarding the initial sample results of its drilling equipment [1] - Inno Laser is inquiring about potential collaborations with leading PCB manufacturers such as Shenghong Technology and Shenzhen South Circuit [3] - There is a particular interest in whether the company's laser equipment can process the next-generation M9 materials [3]

Core Viewpoint - Inno Laser is recognized for its advanced technology in deep ultraviolet, ultrafast lasers, and EUV light sources, indicating a leading position in domestic technology [1] Company Collaboration - Inno Laser is actively tracking potential collaborations with leading PCB manufacturers such as Shenghong Technology and Shenzhen South Circuit [1] - The company is exploring partnerships that may involve technology certification and other cooperative efforts [1] Product Development - Inno Laser's ultrafast laser drilling equipment can achieve stable processing of micro-hole diameters ranging from 30 to 70 µm [1] - The drilling efficiency of the equipment is reported to be ≥10,000 holes per second, with initial sample results receiving positive feedback from customers [1]

Core Insights - The company, Innolaser, announced on November 10 that it is addressing the high craftsmanship demands in industries such as consumer electronics, semiconductors, and computing power by replacing traditional mechanical processing methods with solid-state nanosecond and ultrafast laser technologies [1] Group 1: Technology and Product Development - Innolaser has developed a series of lasers and laser equipment applicable for cutting, drilling, and window opening processes [1] - The laser high-speed splitting equipment has replaced milling cutters, providing a processing method that is low-loss, high-precision, high-efficiency, and highly reliable, with mass delivery already achieved [1] - The company expects to exceed 90 million yuan in orders for the year [1] Group 2: Performance Metrics - The laser ultra-precision drilling equipment, equipped with ultrafast lasers, can achieve stable processing of micro-hole diameters ranging from 30 to 70 µm, with a drilling efficiency of up to 10,000 holes per second [1] - The initial sample results have been well received by customers [1] Group 3: Market Expansion - The laser high-speed punching equipment is capable of fulfilling drilling, splitting, and window opening needs for flexible printed circuits (FPC), and is currently undergoing process optimization and market expansion [1]

Core Insights - The company, Innolight, has established a diversified business layout centered around lasers, covering downstream industries such as consumer electronics, semiconductors, new energy, next-generation displays, and biomedicine since its listing [1] Revenue Performance - In the first half of 2025, the company's existing business from consumer electronics and other sectors is expected to generate approximately 156.84 million yuan, reflecting a year-on-year growth of about 5.68% [1] - New business from semiconductors, new energy, and other sectors is projected to achieve approximately 54.67 million yuan in revenue, showing a significant year-on-year increase of about 54.66% [1] - The combined growth from both existing and new businesses is driving the company's rapid business expansion [1]

登录新浪财经APP 搜索【信披】查看更多考评等级 调研基本情况 11月3日至10日，英诺激光科技股份有限公司（以下简称"英诺激光"）以现场及网络互动形式接待了包 括景顺长城、广发基金、金鹰基金、新华基金、泓德基金、华泰证券、乔格理投资、汉石基金等多家机 构及线上参与投资者的调研。公司董事长兼总经理ZHAO XIAOJIE、董事兼财务总监陈文、副总经理兼 董事会秘书张勇出席，就公司业绩表现、业务布局、研发进展等投资者关注的问题展开交流。 核心业绩驱动：新老业务协同增长 针对投资者提出的"净利润同比大增2464.79%、扣非后净利润增长296.08%的核心驱动因素"，公司表 示，上市以来已形成"以激光器为核心、以激光解决方案为触角、涵盖多元下游行业"的业务布局，存量 业务与新业务共同推动增长。 具体来看，公司存量业务（消费电子、新一代显示、生物医学等）实现营业收入约15,684.10万元，同比 增长5.68%；新业务（半导体、新能源等）表现更为亮眼，实现营业收入约5,467.27万元，同比大幅增 长54.66%。 未来聚焦五大领域 高功率激光器项目进展受关注 在未来发展方向上，英诺激光明确将持续聚焦消费电子、半导 ...

Financial Performance - The company's net profit attributable to shareholders increased by 2464.79% year-on-year, while the net profit after deducting non-recurring gains and losses grew by 296.08% [1] - Revenue from existing businesses in the consumer electronics sector reached approximately 156.84 million yuan, a year-on-year increase of about 5.68%, while new business revenue from sectors like semiconductors and new energy totaled approximately 54.67 million yuan, marking a year-on-year growth of about 54.66% [2] Business Strategy - The company focuses on five core areas: consumer electronics, semiconductors, new energy, next-generation displays, and biomedicine, enhancing its core competitiveness through technological iteration and market channel expansion [2] - The company collaborates with educational institutions and research institutes primarily in the R&D and application of laser technology in sectors such as semiconductors and medical devices [3] Production and Capacity - The company currently has sufficient production capacity to meet its operational needs [4] - The high-power ultrafast laser project has passed the first phase of acceptance, with further updates to be disclosed in company announcements [4] Shareholder and Financial Management - The company has maintained a cash dividend policy since its listing, with cumulative dividends amounting to 48.50 million yuan, accounting for 40.65% of the net profit during the period [5] - Shareholder reductions were primarily due to personal funding needs, with no current plans for further reductions [6] Research and Development - R&D expenses have stabilized, ensuring no impact on future technological iterations and new product launches [6] - The company has developed a series of laser devices for PCB/FPC high-precision needs, with expected annual orders exceeding 90 million yuan [8]

Core Viewpoint - The Shanghai Stock Exchange has decided to terminate the review of Fujian Haichuang Optoelectronics Technology Co., Ltd.'s application for an initial public offering and listing on the Sci-Tech Innovation Board due to the company's withdrawal of its application [1][3]. Company Overview - Fujian Haichuang Optoelectronics specializes in laser optical components and modules, providing solutions for laser emission, transmission, and reception to meet various customer needs in different laser application systems [3]. - The company has established four main business segments: LiDAR, industrial lasers, optical communications, and biomedical applications, focusing on key application areas and product breakthroughs [3]. LiDAR Business - The company possesses core technologies for automotive-grade LiDAR components, having developed a 1.5µm fiber laser LiDAR light source module and a 905nm LiDAR receiving module that meet automotive standards [4]. - The 1.5µm fiber laser LiDAR light source module has overcome traditional limitations such as high power consumption and large size, achieving mass production and delivery [4]. - The company is a major supplier of 1.5µm automotive LiDAR components globally and has established partnerships with well-known manufacturers like Luminar and Innoviz [5]. Industrial Laser Business - The company has advanced laser micro-optics technologies and stable partnerships with leading laser manufacturers, achieving a high market share in niche markets [5]. Optical Communications Business - The company utilizes precision polishing and advanced optical film design to manufacture micro-communication optical components, enhancing bandwidth and transmission rates [6]. - Established collaborations with notable clients in the optical communications sector, such as Coherent and Source Photonics, further strengthen its market position [6].

Core Insights - Shenzhen Guangfeng Technology Co., Ltd. reported a revenue of 392 million yuan for Q3 2025, with a cumulative revenue of 1.353 billion yuan for the first three quarters [1] - The company achieved a year-on-year increase of 109.19% in net cash flow from operating activities, reaching 150 million yuan [1] - Guangfeng Technology is in a critical business transformation phase, focusing on independent research and development of core components and technology reserves [1] Business Development - The company has made significant breakthroughs in upstream core components, integrating fundamental design with terminal applications, particularly in the fields of AR glasses and robotics [1] - Guangfeng Technology is enhancing its design, customization, and mass production capabilities for upstream core components, actively engaging with domestic and international AR glasses brands [1] - The launch of the D1 underwater laser radar product marks the industry's entry into the "10-meter underwater measurement era," attracting attention from pool robot manufacturers [2] Market Positioning - The company is strategically advancing the product rollout of AR optics and underwater laser radar, leveraging breakthroughs in upstream core components [2] - With the gradual realization of forward-looking layouts and continuous market demand, Guangfeng Technology is expected to enter a new phase of high-quality growth [2]

Core Insights - In the third quarter of 2025, the company reported a revenue of 342 million yuan, representing a year-on-year growth of 17.83%, and a net profit attributable to shareholders of 22 million yuan, showing a remarkable increase of 2464.79% [2] - The company's continuous growth is attributed to its strategic business expansion since its listing, moving from a focus on consumer electronics to five key sectors: consumer electronics, semiconductors, new energy, next-generation displays, and biomedicine [2] Revenue Growth - The new business segment has become a significant driver of revenue growth, with new business revenues reaching approximately 54.66% year-on-year growth, totaling about 54.67 million yuan in the first half of the year [3] - The company has developed laser equipment that replaces traditional mechanical processing methods, particularly for PCB/FPC high-tech demands, with expected annual orders exceeding 90 million yuan [3] Product Development - The company has successfully developed laser solutions for various materials and components, including acoustic devices and foldable screen hinges, catering to well-known clients such as AAC Technologies and Lens Technology [2] - The ultra-precision drilling equipment, based on self-developed ultrafast lasers, has received positive feedback from clients, capable of processing micro-holes with diameters of 30-70 micrometers at a drilling speed of up to 10,000 holes per second [3] Competitive Advantage - The company is building a differentiated competitive advantage through independent innovation in core laser technologies and a forward-looking layout in diverse downstream markets [4] - With the ongoing delivery of PCB/FPC laser equipment orders and the accelerated market penetration of new products, the company is well-positioned to sustain high growth driven by trends in consumer electronics innovation, semiconductor localization, and explosive growth in AI computing power [4]