Investment Rating - The report assigns a "Buy" rating for the company [3] Core Insights - The successful establishment of the advanced high-precision micro-optical device backend production line in Singapore marks a significant milestone for the company, enhancing its capabilities in the optical communication sector [4] - The company is actively expanding its optical communication business, with a notable increase in revenue from laser optical components, which grew by 37% year-on-year to 291 million yuan in the first three quarters of 2025 [5] - The global demand for high-speed optical modules is surging, driven by the rapid development of AI computing infrastructure, presenting substantial growth opportunities for the company [6] Financial Summary - Revenue is projected to grow from 620 million yuan in 2024 to 1.766 billion yuan in 2027, reflecting a compound annual growth rate (CAGR) of approximately 40.66% [8] - The net profit is expected to recover from a loss of 175 million yuan in 2024 to a profit of 160 million yuan in 2027, indicating a significant turnaround [8] - The earnings per share (EPS) is forecasted to improve from -1.95 yuan in 2024 to 1.78 yuan in 2027 [8]

舜宇光学科技回购明细 | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2026.01.22 | 125.00 | 63.850 | 62.450 | 7926.03 | | 2026.01.21 | 97.00 | 63.950 | 62.300 | 6138.52 | | 2026.01.20 | 140.00 | 64.300 | 62.550 | 8860.84 | | 2026.01.19 | 122.00 | 65.000 | 64.200 | 7881.18 | | 2026.01.16 | 113.00 | 66.600 | 65.900 | 7489.68 | | 2026.01.15 | 120.00 | 66.450 | 65.250 | 7901.26 | | 2026.01.14 | 114.00 | 66.150 | 64.050 | 7441.17 | | 2026.01.13 | 64.00 | 65.800 | 64.550 | 4178.78 | | ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 688378 | 奧来德 | 32.77 | -3.90% | 9.13万 | 3.01亿 | | 003019 | 宸展光电 | 32.81 | -3.64% | 7.30万 | 2.41亿 | | 688502 | 戊来元字 | 422.10 | -3.14% | 1.27万 | 5.40 Z | | 300582 | 英飞特 | 17.80 | -2.84% | 13.77万 | 2.45亿 | | 000045 | 深纺织A | 13.28 | -2.64% | 41.45万 | 5.48 Z | | 688181 | 八亿时空 | 36.23 | -2.61% | 5.67万 | 2.06亿 | | 300162 | 雷曼光电 | 9.15 | -2.56% | 49.84万 | 4.57亿 | | 300545 | 联得装备 | 33.35 | -2.14% | 7.84万 | 2.63亿 | | 002273 | 水晶光电 | 25. ...

Core Viewpoint - Aopu Optoelectronics (002338.SZ) has indicated that its machine vision technology is currently utilized in fields such as image sensor driving, visible light imaging, and target detection, but has not yet been applied in the automotive sector [1] Company Summary - Aopu Optoelectronics is focusing on machine vision technology applications in various fields, specifically in image sensor driving, visible light imaging, and target detection [1] - The company has not yet expanded its machine vision technology into the automotive industry, indicating potential areas for future growth and development [1] Industry Summary - The machine vision technology market is evolving, with applications in diverse sectors, but the automotive sector remains untapped by Aopu Optoelectronics at this time [1] - The current focus on image sensor and target detection technologies suggests a strategic positioning within the broader machine vision industry [1]

Core Viewpoint - Aopu Optoelectronics (002338) has successfully completed certain tasks related to the robotic arm project for the Chinese space station and has secured a small contract for a ground terminal modulation and demodulation module for laser communication, which will not significantly impact the company's performance [1] Group 1: Company Developments - Aopu Optoelectronics and its subsidiary Changguang Aerospace have undertaken and completed parts of the robotic arm project for the Chinese space station [1] - The company won a procurement contract for a ground terminal modulation and demodulation module for laser communication, with a contract value of 1.82 million yuan [1] - The contract amount is relatively small and is not expected to have a major impact on the company's financial performance [1] Group 2: Research Collaborations - Aopu Optoelectronics is collaborating with Changchun University of Science and Technology and other entities on research related to near-Earth space laser communication networking [1]

Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Insights - The company forecasts a net profit attributable to shareholders for 2025 to grow by no less than 30% year-on-year, driven by increased sales of 1.74 refractive index lenses and other multifunctional products, ongoing scale effects, improved automation, and optimized financing structure [1][4]. - A joint venture with Goer Optical has been established to accelerate the integration of the AI glasses supply chain, focusing on customized lenses and optical components for AI/AR/VR/MR applications [2][3]. - Global sales of AI glasses are expected to rise significantly, with projections of 7 million units in 2025 and 18 million units in 2026, indicating exponential growth potential [3]. Financial Summary - Revenue projections for 2025-2027 are estimated at 23.51 billion, 27.65 billion, and 32.22 billion yuan respectively, with net profits of 5.65 billion, 7.03 billion, and 8.61 billion yuan [4][5]. - The company’s earnings per share (EPS) is projected to increase from 1.03 yuan in 2024 to 1.79 yuan in 2027, reflecting a strong growth trajectory [5]. - The net profit margin is expected to improve, with net profit margins of 20.8% in 2024 and reaching 26.7% by 2027 [5][13].

大和发表报告，将舜宇光学科技的目标价由85港元降至72港元，维持"跑赢大市"评级。大和认为，存储 器价格上涨将在2026年为智能手机市场带来不可避免的逆风，尽管相关风险已基本反映在舜宇光学股价 中，但认为短期市场情绪仍然冷淡。该行对该舜宇光学长远增长仍持乐观态度，因智能手机相机规格升 级的结构性趋势；每辆汽车搭载的相机内容日益增加；XR技术庞大的市场潜力。 ...

Group 1 - The A-share market saw all three major indices rise collectively, with the Shanghai Composite Index increasing by 0.19% during the session, driven by strong performances in the electronics, defense, and telecommunications sectors, while coal and retail sectors lagged behind [1] - The Consumer Electronics ETF (159732.SZ) rose by 1.01%, with notable increases in component stocks such as Zhaoyi Innovation (up 5.08%), Hengxuan Technology (up 3.71%), Jingce Electronics (up 3.51%), Jinghe Integrated (up 3.15%), and Wentai Technology (up 2.88%) [1] Group 2 - According to IDC's latest report, global smartphone shipments are projected to grow by 2.3% year-on-year in Q4 2025, reaching 336.3 million units, with Apple and Samsung being the two fastest-growing manufacturers, showing year-on-year growth rates of 6.3% and 7.9%, respectively [3] - Despite challenges from storage chip shortages, the smartphone market is experiencing growth driven by the continued demand for high-end models, strong performance of foldable screens, and consumer anticipation of future price increases leading to early upgrades [3] - The Consumer Electronics ETF (159732) tracks the Guozheng Consumer Electronics Index, primarily investing in 50 A-share listed companies involved in the consumer electronics industry, with significant focus on electronic manufacturing, semiconductors, and optical electronics [3]

证券日报网讯 1月21日，宇瞳光学在互动平台回答投资者提问时表示，公司与投资者互动活动情况请关 注公司披露的《投资者关系活动记录表》。 （文章来源：证券日报） ...

（文章来源：证券日报） 证券日报网1月21日讯 ，芯瑞达在接受调研者提问时表示，上市以来，公司年年分红，已分红金额快接 近上市募集资金。公司2025年中期权益分派已于2026年1月16日实施完毕。 ...