Core Viewpoint - Abison announced the approval of multiple proposals, including the reappointment of the accounting firm, during the 26th meeting of its fifth supervisory board [2] Group 1 - The supervisory board meeting was held on September 4 [2] - The company is continuing its relationship with the accounting firm by renewing their appointment [2]

Group 1 - The core point of the article highlights the significant stock performance of Tengjing Technology on the STAR Market, with a price increase of 20.00% as of September 5 [1] - As of 10:43 AM, Tengjing Technology's stock price reached 92.77 yuan, with a trading volume of 1.421 billion yuan and a turnover rate of 12.98% [1] - Among STAR Market stocks, a total of 533 stocks were reported to be rising, with 12 stocks showing an increase of over 10%, including Tengjing Technology, Huasheng Lithium Battery, and Yuchen Intelligent [1] Group 2 - In terms of capital flow, Tengjing Technology experienced a net outflow of 1.3986 million yuan on the previous trading day, but saw a net inflow of 205 million yuan over the past five days [1] - The latest margin trading data as of September 4 indicates that the margin balance for Tengjing Technology is 473 million yuan, with a financing balance of 473 million yuan, reflecting an increase of 12.4924 million yuan, or 2.72% from the previous trading day [1] - The company's semi-annual report released on August 30 shows that it achieved an operating income of 263 million yuan in the first half of the year, representing a year-on-year growth of 24.29%, and a net profit of 36.5888 million yuan, up 11.47% year-on-year [1]

Core Viewpoint - The semiconductor lithography machine concept stocks have experienced significant gains, indicating a bullish sentiment in the market for these companies [1]. Group 1: Stock Performance - Su Dawei Ge reached a peak increase of 20%, hitting the limit up [1]. - Tengjing Technology saw an increase of over 15% [1]. - Other companies such as Woge Optoelectronics, Meiyu Technology, Juguang Technology, Saiwei Electronics, and United Chemical also experienced upward movement in their stock prices [1].

Investment Rating - The investment rating for the company is "Buy" (maintained) [2][7][17] Core Insights - The company's mid-year report for 2025 shows revenue of 19.652 billion RMB, a year-on-year increase of 4.2%, and a net profit attributable to shareholders of approximately 1.646 billion RMB, a year-on-year increase of 52.6% [7] - The optimization of product structure has led to a gross margin of 19.8%, an increase of 2.6 percentage points year-on-year, with gross profit of approximately 3.894 billion RMB, a year-on-year increase of 20% [7] - The high-end transformation of the mobile business is significant, with mobile business revenue of 13.25 billion RMB in H1 2025, a year-on-year increase of 1.7%, despite a decline in shipment volumes for mobile lenses and modules [7] - The company has maintained its position as the global leader in automotive lens shipments since 2012, with automotive business revenue of 3.4 billion RMB in H1 2025, a year-on-year increase of 18.2% [7] - The company is vertically integrated across the entire supply chain, positioning itself at the core of the XR supply chain, with XR business revenue of 1.2 billion RMB in 2025, a year-on-year increase of 21.1% [7] Financial Data and Profit Forecast - Revenue projections for the company are as follows: - 2023: 31.681 billion RMB - 2024: 38.294 billion RMB - 2025E: 41.601 billion RMB - 2026E: 43.705 billion RMB - 2027E: 45.916 billion RMB - Net profit attributable to shareholders is projected to be: - 2023: 1.099 billion RMB - 2024: 2.699 billion RMB - 2025E: 3.498 billion RMB - 2026E: 3.982 billion RMB - 2027E: 4.439 billion RMB [6][8]

Group 1 - The company announced the signing of a "Four-party Supervision Agreement for Special Fund Storage" with its wholly-owned subsidiary and the underwriter to regulate the management and use of raised funds [2] - The agreement aims to protect the legitimate rights and interests of investors in accordance with relevant laws and regulations [2] - The signing of the agreement was authorized by the company's shareholders' meeting and board of directors [2]

Group 1 - The company announced that its controlling shareholder, Northeast Optoelectronics Group Co., Ltd., increased its stake by 137,000 shares from September 2 to September 4, 2025, at a cost of 2.5265 million yuan [1] - From April 9 to September 4, 2025, the total shares acquired amounted to 2.0574 million, representing 0.35% of the company's total share capital, with a cumulative transaction amount of 24.9514 million yuan [1] - The share buyback plan, which commenced on December 19, 2024, aims to invest 50 million yuan over a 12-month period, and the company stated it will continue to implement this buyback plan [1]

深圳市艾比森光电股份有限公司 董事会薪酬与考核委员会关于公司 深圳市艾比森光电股份有限公司（以下简称"公司"）董事会薪酬与考核委 员会根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）、《上市公司股权激励管理办法》 （以下简称"《管理办法》"）、《深圳证券交易所创业板股票上市规则》（以 下简称"《上市规则》"）、《深圳证券交易所创业板上市公司自律监管指南第 和规范性文件以及《公司章程》的相关规定，对《深圳市艾比森光电股份有限公 司2025年限制性股票激励计划（草案）》（以下简称"本激励计划"）及其他相 关资料进行审核，发表核查意见如下： 关法律、法规、规章及规范性文件规定的禁止实施股权激励计划的情形，包括： （1）最近一个会计年度财务会计报告被注册会计师出具否定意见或者无法 表示意见的审计报告； （2）最近一个会计年度财务报告内部控制被注册会计师出具否定意见或无 法表示意见的审计报告； （3）上市后最近36个月内出现过未按法律法规、公司章程、公开承诺进行 利润分配的情形； （1）最近12个月内被证券交易所认定为不适当人选； （2）最近12个月内被中国证 ...

Market Performance - The optical optoelectronics sector declined by 2.27% on September 4, with Su Dawei leading the drop [1] - The Shanghai Composite Index closed at 3765.88, down 1.25%, while the Shenzhen Component Index closed at 12118.7, down 2.83% [1] Stock Performance - Weida Optoelectronics (873001) saw a closing price of 24.49, with an increase of 4.21% [1] - Jingwei Huikai (300120) closed at 10.21, up 3.13% [1] - Longli Technology (300752) closed at 25.38, with a rise of 2.30% [1] - Other notable stocks include Guangzhi Technology (300489) at 45.82 (+2.21%) and Shengyang Technology (603703) at 9.93 (+1.85%) [1] Capital Flow - The optical optoelectronics sector experienced a net outflow of 2.095 billion yuan from main funds, while retail investors saw a net inflow of 1.855 billion yuan [2] - Notable stocks with significant capital flow include BOE Technology Group (000725) with a main fund outflow of 224 million yuan [2] - Jingwei Huikai (300120) had a main fund inflow of 72.02 million yuan, despite a retail outflow of 46.39 million yuan [2]

Group 1 - The core viewpoint of the news is that Sanan Optoelectronics has experienced a decline in stock price recently, with a drop of 2.03% on September 4, 2023, and a total market capitalization of 69.796 billion yuan [1] - As of June 30, 2023, Sanan Optoelectronics reported a revenue of 8.987 billion yuan for the first half of 2023, representing a year-on-year growth of 17.03%, while the net profit attributable to shareholders decreased by 4.24% to 176 million yuan [2] - The company has a diverse revenue structure, with the main business income composition being 35.96% from material and waste sales, 30.88% from LED epitaxial chips, 16.68% from integrated circuit products, and 15.92% from LED application products [2] Group 2 - Sanan Optoelectronics has cumulatively distributed 7 billion yuan in dividends since its A-share listing, with 486 million yuan distributed over the past three years [3] - The number of shareholders as of June 30, 2023, is 351,000, which is a decrease of 8.44% from the previous period, while the average circulating shares per person increased by 9.21% to 14,211 shares [2]

Group 1 - The core viewpoint of the news is that Tengjing Technology's stock has experienced a decline of 5.53%, with a current price of 79.40 CNY per share and a total market capitalization of 10.27 billion CNY [1] - Tengjing Technology specializes in the research, production, and sales of precision optical components and fiber optic devices, with its main revenue sources being precision optical components (78.87%), fiber optic devices (16.65%), and optical testing instruments (4.43%) [1] - The company is located in Fuzhou, Fujian Province, and was established on October 12, 2013, with its listing date on March 26, 2021 [1] Group 2 - According to data from the top ten heavy stocks of funds, one fund under Caitong Securities Asset Management holds a significant position in Tengjing Technology, with 20,900 shares, accounting for 0.6% of the fund's net value [2] - The fund, Caitong Asset Management Stable Prosperity Six-Month Holding Period Mixed A (014625), has a current scale of 154 million CNY and has reported a year-to-date return of 6.96% [2] - The fund manager, Gong Zhifang, has a tenure of over 8 years, while the co-manager, Li Jing, has nearly 4 years of experience, with their respective best and worst fund returns being 39.79% and -9.12% for Gong, and 91.64% and 7.65% for Li [3]