Industry Overview - High-speed vision refers to the use of advanced technologies and algorithms that enable machines to analyze and process images at high speeds, facilitating automation and intelligent applications [1][8] - The main products in the high-speed vision sector include high-speed cameras, high-speed vision measurement systems, and related instruments, widely applied in various fields such as industrial inspection, intelligent transportation, and security monitoring [8][11] Global Market - The global high-speed vision market is experiencing accelerated growth, with the market size projected to increase from $8.603 billion in 2017 to $17.954 billion in 2024, and expected to reach $37.489 billion by 2028 [6] Domestic Market - China's high-speed vision industry has seen significant growth, with the market size increasing from 4.735 billion yuan in 2017 to 15.088 billion yuan in 2024, and is forecasted to reach 34.334 billion yuan by 2028 [11][19] Competitive Landscape - The high-speed vision industry in China has developed over the past 20 years, with domestic companies like Zhongke Shijie and Deep Vision emerging as key players, achieving significant market share growth [13][19] - Zhongke Shijie has increased its market share from 8.6% in 2019 to 22.2% in 2022, and in December 2024, it is expected to dominate the market with 58% of the bidding quantity and 49% of the bidding amount globally [13][19] Future Trends - The industry is expected to accelerate technological innovation and domestic substitution, with companies like Zhongke Shijie achieving commercial success with high-frame-rate cameras and other products [19][20] - The application of high-speed vision technology is expanding beyond traditional industrial inspection into sectors like intelligent transportation and medical imaging, with an anticipated annual growth rate of over 20% [20][21] - The industry is moving towards integration and ecosystem building, with domestic companies making breakthroughs in core components and system integration, supported by government and research institutions [21]

证券代码：002743 证券简称：富煌钢构 公告编号：2025-039 安徽富煌钢构股份有限公司董事会 关于本次交易摊薄即期回报的影响及采取填补措施的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或者重大遗漏。 安徽富煌钢构股份有限公司（以下简称"上市公司"或"公司"）拟通过发 行股份及支付现金的方式向富煌建设、孟君、吕盼稂、富煌众发等 17 名交易对 方购买其合计持有的合肥中科君达视界技术股份有限公司 100.00%股份，并向不 超过 35 名特定投资者募集配套资金（以下合称"本次交易"）。 本次交易后，上市公司的基本每股收益由 0.12 元/股下降至 0.11 元/股，小幅 下降，基本每股收益被摊薄，主要原因系标的公司在 2024 年度计入非经常性损 益的股份支付费用 2,268.44 万元影响所致。剔除上述一次性确认的股份支付的影 响后，本次交易后上市公司基本每股收益为 0.14 元/股，本次交易总体上有利于 增强上市公司的盈利能力。 根据《国务院办公厅关于进一步加强资本市场中小投资者合法权益保护工作 的意见》（国办发2013110 号）《国务院关于进一步促进 ...

Core Viewpoint - The transaction involves Anhui Fuhuang Steel Structure Co., Ltd. acquiring 100% of Hefei Zhongke Junda Vision Technology Co., Ltd. through a combination of share issuance and cash payment, while also raising supporting funds from specific investors [1][3]. Group 1: Industry and Company Overview - The target company specializes in high-speed visual perception and measurement technology, focusing on the research, development, production, and sales of high-speed image acquisition, analysis, and processing instruments and systems [1]. - The target company is classified under the "C40 Instrument Manufacturing" industry, specifically "C4019 Other General Instrument Manufacturing" [1]. Group 2: Transaction Type and Structure - The independent financial advisor concluded that the transaction does not fall under the categories of horizontal or vertical mergers within the same industry [2]. - The transaction does not constitute a restructuring listing as there will be no change in the controlling shareholder or actual controller of the listed company post-transaction [2][3]. Group 3: Issuance of Shares - The transaction plan includes the issuance of shares and cash payments to acquire the target company's shares, indicating that the transaction involves the issuance of shares [3]. Group 4: Regulatory Compliance - The listed company is not under investigation by the China Securities Regulatory Commission (CSRC) and has no pending cases [4].

国产替代系列：富煌钢构拟收购中科视界布局第二曲 线，看好高速视觉领域需求成长及国产替代加速 高速摄像机市场高速增长，国产替代需求进一步提升 中科视界是国内少数能够自主生产商品化高速摄像仪的企业，2017 年公司 发布了国产首台万帧级高速相机。高速视觉是一种基于图像处理和计算机视 觉技术的视觉感知技术，公司下游主要为科研客户、工业客户以及军工客户。 2022 年中国高速机器视觉行业市场规模约 100 亿元，其中高速摄像机整机 约占 32 亿元，约占 32%，在新兴技术发展、下游市场增长、国产化替代进 程加快等因素的驱动下，预计 2023-2028 年年均复合增速约为 22%，到 2028 年中国高速机器视觉行业市场规模或将突破 330 亿元。 行业报告 | 行业专题研究 建筑装饰 证券研究报告 高速视觉领域技术壁垒较高，中科视界市场份额快速提升 高速机器视觉行业具有较高的技术壁垒，头部主要为 Phantom、Photron 等 国际高速摄像机龙头，在美国对高速摄像仪进行出口管制背景下，公司产品 市占率由 2019 年 8.6%提升至 2022 年的 22.2%，公司已基本拥有和第一梯队 企业竞争的实力产品，我们 ...