达沃斯晚宴现场 3D Mapping光影秀 近日，光峰科技收到天津市商务局发来的感谢信，对其在 "2025夏季达沃斯跨国企业领袖交流会" 中打 造的3D Mapping光影秀表示高度认可。这一成果彰显了光峰科技在高端光影创意领域的专业实力，以 及为国际级经贸活动赋能的服务能力。 6 月 24 日，由天津市人民政府、商务部主办的 "2025 夏季达沃斯跨国企业领袖交流会" 在天津成功举 办。作为本届夏季达沃斯论坛期间 "国家级" 的重磅经贸洽谈活动，该交流会吸引了法国液化空气、美 国霍尼韦尔等世界 500 强企业的代表，以及中国美国商会、中国欧盟商会等国际商协会机构共 300 余位 嘉宾，各方聚焦创新发展主题，开展深度对话与务实交流。 在此次活动中，光峰科技精心策划的3D Mapping光影秀成为一大亮点。凭借专业的技术支撑、精心的 创意设计以及高效的现场配合，该光影秀 "为参会嘉宾带来了独具特色的视觉体验，不仅为活动增添了 亮点，更有力助力了活动的顺利开展，收获了广泛认可与一致好评。"天津市商务局在感谢信中特别提 到，这一评价既是对光峰科技本次服务的肯定，也为双方未来合作奠定了坚实基础。 光峰科技作为全球领先 ...

速腾聚创（02498.HK） 从感知到执行，打造机器人技术平台 致力于成为全球领先的机器人技术平台企业。速腾聚创为智能车及机器 人提供 1）R 系列、M 系列、E 系列、EM 系列激光雷达，以及 Active Camera 和灵巧手等零部件，2）手眼协同、智能移动、相关工具链等 解决方案，以及 3）服务及其他业务。 2024 年公司激光雷达产品出货约 54.42 万台，其中用于 ADAS 和用于机 器人等用途各约 51.98 万台/2.44 万台。2024 年公司收入约 16.5 亿，同 比增长约 47% 。其中，产品/解决方案/ 服务和其他的占比分别为 93%/6%/1%。2024 年公司经调整净亏损约 3.96 亿元，同比减亏。 证券研究报告 | 首次覆盖报告 gszqdatemark 2025 07 07 年 月 日 随着智驾等级的提升、激光雷达成本的下降，我们认为激光雷达大规模量 产的时代刚刚开始。车载激光雷达端，我们预计 2030 年市场规模可超 500 亿元。机器人激光雷达端，工业场景、消费服务场景、人形机器人等出货 量大幅增长，亦有望驱动机器人激光雷达 2030 年市场规模超 100 亿元。 在 ...

将投中网设为"星标⭐"，第一时间收获最新推送 "最懂科技"和"最理解创业者"的投资人。 来源丨 投中网 从早期投资美团、拼多多，瞄准移动互联网时代的商业创新；到提前布局硬科技隐形冠军中际旭创、 禾赛科技、汉朔科技，再到不断迭代技术认知，持续捕捉前沿科技的创新机遇 …… 此外， 在他看来，真正要做好早期投资，不仅要懂最新的技术，更要能预判未来的技术和行业发展 趋势。 投资禾赛科技正是基于这样的逻辑。 在此之前，宓群对激光雷达行业做了长时间的研究，从 10 年前就开始在全球范围内寻找合适的激光 雷达创业公司。直到他看到禾赛科技在实验室里开发有别于业内做传统机械雷达的固态激光雷达技 术。在做了技术论证和实验室雏形的测试后，他果断下注，于 2018 年主导投资了禾赛科技，并在 此后连续投资 5 轮。 眼下， 中际旭创成长为千亿市值的全球光通信巨头，禾赛科技已实现全球车载激光雷达营收市占率 第一。 凭借丰富的行业背景和对行业的深厚认知，通过前瞻性的判断，宓群持续关注那些增长潜力 大的新兴赛道，寻找那些尚未被广泛认知，但有可能成为行业领头羊的公司，在行业爆发前更快、更 精准地捕捉优质项目并持续加码，帮助企业走向全球市场。 ...

Core Viewpoint - The article highlights the investment philosophy and achievements of Mi Qun, a prominent figure in early-stage technology investments, emphasizing the importance of understanding both current and future technological trends to identify potential investment opportunities [1][2][4]. Investment Strategy - Mi Qun has over 20 years of experience in venture capital, focusing on early investments in outstanding Chinese technology companies and facilitating their global expansion [2][16]. - The investment strategy involves a dual focus on hardware and software innovations, recognizing their interdependent nature [2]. Successful Investments - Mi Qun led early investments in successful companies such as Meituan, Pinduoduo, and several hard-tech firms like Zhongji Xuchuang and Hesai Technology, which have become industry leaders [1][3][12]. - Zhongji Xuchuang has grown into a global leader in AI optical communication technology, achieving a market valuation of over 100 billion [6]. - Hesai Technology, recognized as the first Chinese company to go public in the lidar sector, has achieved the highest market share in the global automotive lidar revenue [12]. Industry Insights - Mi Qun emphasizes the necessity of long-term research and understanding of industry trends, as demonstrated by his extensive study of the lidar industry before investing in Hesai Technology [5][6]. - The article discusses the importance of having a growth mindset and continuously learning to adapt to the rapidly evolving technology landscape [14]. Team and Collaboration - The core investment team at Lightspeed China Partners possesses strong technical backgrounds and extensive industry experience, enabling them to identify promising projects and trends [15]. - Mi Qun actively shares his insights and experiences with his team to foster collaboration and drive greater impact in the investment landscape [14].

A股激光雷达概念早盘走低，领益智造、光迅科技双双跌超3%，博敏电子、水晶光电、德迈仕、巨星 科技等个股跟跌；据权威媒体报道，中欧电动汽车谈判只欠临门一脚。 ...

让人惊喜的是，武汉企业不仅"走出去"的步伐在加快，在海外的业务形态也越来越丰 富，从传统货物贸易为主，拓展为境外投资、建厂、跨境电商、劳务派遣、商业管理、国际 物流与供应链构建等多元格局，涉足超50个行业领域。 "武汉企业'走出去'的业务触角，已覆盖所有亚太经合组织（APEC）经济体，这是我们 梳理近5年全市APEC商务旅行卡（以下简称APEC卡）申请数据得出的结论。"7月3日，在 江夏区"护航出海 惠助共赢"企业赋能交流活动中，武汉市委外办出国来华管理处相关负责 人向区内电子、食品、智能科技、医疗、激光设备等领域重点外贸企业代表详细解读了外事 服务政策和APEC卡办理流程。 APEC卡是促进商务人员在亚太地区经贸往来的一项多边签证便利化安排。中国籍持卡 者可在5年有效期内自由往返包括日本、澳大利亚、新西兰、秘鲁、墨西哥和俄罗斯在内的 16个APEC经济体。每次入境可停留60天至180天。 武汉市委外办出国来华管理处APEC卡业务负责人介绍，通过比对近五年来APEC卡的 申请情况，能够清晰看出本地企业"走出去"的蓬勃态势。"自2023年以来，申办频次持续攀 升，约20家大型企业持续多次申办。目前，全市所有行政 ...

Core Insights - The company, Appotronics, reported a significant decline in net profit for 2024, with a decrease of 72.91% year-on-year, while achieving a revenue of 2.41857 billion yuan, with over 600 million yuan coming from automotive business [1][3] - In Q1 2025, the company experienced a slight revenue growth of 3.67% year-on-year, totaling approximately 461.38 million yuan, but reported a net loss of approximately 21.36 million yuan, a decline of 147.95% year-on-year [2][3] - The company has been focusing on R&D, with a total investment of 248 million yuan in 2024, representing 10.24% of its revenue, and a further increase in R&D spending in Q1 2025 [4][5] Financial Performance - For 2024, the company reported a net profit of approximately 27.95 million yuan, down 72.91% year-on-year, with a basic earnings per share of 0.06 yuan, a decrease of 73.91% [1][3] - In Q1 2025, the company recorded a net loss of approximately 21.36 million yuan, with basic and diluted earnings per share both at -0.05 yuan, reflecting a 150% decline [2][3] - The operating cash flow for Q1 2025 was approximately 64.13 million yuan, showing a significant increase of 424.57% year-on-year [2][3] Business Developments - The automotive optical business has shown promising growth, achieving revenue of approximately 78.78 million yuan in Q1 2025, a year-on-year increase of 64.03% [2][3] - The company launched innovative products, including the "Lingjing" intelligent automotive optical system, which allows for various projection capabilities and AI voice control [2][4] - Appotronics has been actively participating in international exhibitions, showcasing its technology and products, including a new laser engraving machine and a compact AR light engine [4][5] ESG and Corporate Governance - In 2024, the company emphasized its commitment to environmental responsibility, reporting energy savings of approximately 6.82 billion kWh and a reduction of 586,800 tons of CO2 emissions through its ALPD® technology [5] - The company has a strong focus on employee development, providing over 16,824 hours of training and promoting diverse career paths [5] - Appotronics has established a transparent governance structure with multiple specialized committees to ensure effective decision-making [5]

Appotronics Corporation Limited The First Quarter Report in 2025 Stock Code: 688007 Stock Short Name: Appotronics Appotronics Corporation Limited The First Quarter Report in 2025 The Board of Directors and all the directors of the Company warrant that the information contained in this Report is free from any misrepresentation, misleading statement or material omission, and agree to assume the liability for the truth, accuracy and completeness of this Report according to the law. Important Note The Board of ...

CORPORATION LIMITED Environmental, Social and Governance (ESG) Report APPOTRONICS | APPOTRONICS CORPORATION LIMITED Environmental, Social and Governance (ESG) | Report | 2025.7 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | APPOTRONICS CORPORATION LIMITED Environmental, Social and Governance (ESG) | Report | 001 / 002 | | | | | | | | | About this Report | About This Report | Message from | the | | | | | | | | Chairman | This report is the 2024 Environmental, Social, and Gove ...

Core Viewpoint - The report highlights the transformative impact of Laser Direct Imaging (LDI) technology on the PCB industry, driven by the demand for high-precision and efficient manufacturing processes, particularly in the context of 5G technology and emerging applications like MiniLED and electric vehicles [2][3][4]. Group 1: Technology Characteristics - LDI technology utilizes UV lasers (typically at 355nm wavelength) for direct imaging on PCB surfaces, significantly improving imaging precision, production efficiency, and process compatibility compared to traditional exposure methods [2]. - The imaging precision of LDI can achieve a line width resolution of less than 5μm, with examples like Orbotech's Nuvogo series achieving ±2.5μm accuracy, a 40% improvement over traditional methods [2]. - Production efficiency is enhanced with parallel scanning modes, increasing capacity to 20-30 square meters per hour, reducing order delivery times from 7 days to 4 days for leading PCB manufacturers [2]. Group 2: Market Growth Drivers - The demand for high-frequency and high-speed PCBs driven by 5G communication technology is a core growth driver for LDI penetration, with LDI technology expected to exceed 60% penetration in the high-end PCB market by 2024 [3][4]. - New application scenarios such as MiniLED and electric vehicles are emerging, with companies like BOE adopting LDI for MiniLED backlight PCBs, improving backlight uniformity by 30% [3]. - The Chinese government's "14th Five-Year" plan emphasizes LDI technology, with significant investments and subsidies promoting domestic LDI equipment adoption, leading to a projected 28% penetration in the Yangtze River Delta by 2024 [4]. Group 3: Competitive Landscape - The global LDI market is characterized by a "one superpower and many strong players" structure, with Orbotech holding a 43% market share, followed by Hitachi and ESI with 22% and 16% respectively [6]. - Chinese companies are adopting differentiated competitive strategies, with firms like Chipbond and Han's Laser leveraging proprietary technologies to reduce costs and improve production capabilities [6]. Group 4: Future Trends and Technology Evolution - Key technological breakthroughs are anticipated in optical system localization, with current localization rates around 50%, and advancements in digital twin technology to optimize LDI exposure parameters [7]. - The LDI market is projected to reach $914 million by 2024, with a compound annual growth rate (CAGR) of 3.3% from 2025 to 2031, reflecting the rigid demand for advanced exposure technologies in mid-to-high-end PCB manufacturing [4][7].