香港交易及結算所有限公司、香港聯合交易所有限公司與證券及期貨事務監察委員會對本申請版本的內容 概不負責，對其準確性或完整性亦不發表任何意見，並明確表示概不就因本申請版本全部或任何部分內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 Zhejiang HuaRay Technology Co., Ltd. 浙江華睿科技股份有限公司 （「本公司」） 警告 本申請版本乃根據香港聯合交易所有限公司（「聯交所」）╱ 證券及期貨事務監察委員會（「證監 會」）的要求而刊發，僅用作提供資訊予香港公眾人士。 本申請版本為草擬本，其內所載資料並不完整，亦可能會作出重大變動。您閱覽本文件，即代 表您知悉、接納並向本公司、其獨家保薦人、保薦人兼整體協調人、獨家整體協調人、顧問或 包銷團成員表示同意： 於本公司招股章程根據香港法例第32章《公司（清盤及雜項條文）條例》送呈香港公司註冊處處 長登記前，本公司不會向香港公眾人士提出要約或邀請。倘於適當時候向香港公眾人士提出要 約或邀請，準投資者務請僅依據將呈交香港公司註冊處註冊的本公司招股章程作出投資決定； 有關文本將於發售期內向公眾刊發。 (i) 本文件僅為向香港公眾人士提供有 ...

Core Insights - Chengdu's Innovation Ecological Island has welcomed its first three resident companies in 2026, focusing on robotics, machine vision, and biotechnology, bringing the total number of companies to over 50 [1] - The "14th Five-Year Plan" emphasizes the need for a complete industrial ecosystem and large-scale application demonstrations of new technologies and products, accelerating the development of emerging industries [1] Group 1: Infrastructure and Operations - The Chengdu Innovation Ecological Island covers approximately 1006 acres and is divided into three main areas: innovation transformation service area, emerging industry cultivation area, and ecological vitality gathering area [2] - The island features advanced logistics solutions, such as drone delivery for coffee and an L4 level autonomous boat for passenger transport, showcasing practical applications of low-altitude logistics [2] Group 2: Ecosystem and Collaboration - The island serves as a "testing ground" for technology commercialization, leveraging its unique spatial resources and comprehensive services to facilitate market entry for innovative products [4] - Over the past year, the island has hosted more than 200 innovation activities and opened over 100 technology application scenarios, including 38 operational scenarios like autonomous delivery vehicles and smart building logistics [4] Group 3: Industry Impact and Growth - The surrounding area includes key innovation bases such as the National Supercomputing Center in Chengdu and the Tianfu Laboratory, with over 120 innovation service institutions and 273 pilot platforms available [7] - The island has attracted high-quality companies, with 13% being unicorns and 50% classified as hidden champions or specialized "little giants," indicating a robust industrial ecosystem [7] - The satellite island network is expanding rapidly, with new locations in Chengdu, Eastern New District, Ya'an, and Deyang, having identified 150 convertible results and successfully implementing 35 [7]

Group 1 - Chengdu's Innovation Ecological Island has welcomed its first three resident companies in 2026, focusing on robotics, machine vision, and biotechnology, bringing the total number of companies on the island to over 50 [1] - The island covers approximately 1006 acres and is divided into three areas: innovation transformation service area, emerging industry cultivation area, and ecological vitality gathering area [1] - The island features advanced technologies such as L4 autonomous driving for smart boats and low-altitude logistics using drones for delivery [1][2] Group 2 - The island has hosted over 200 innovation activities in the past year and has opened more than 100 technology application scenarios, including 38 that have been implemented and demonstrated [2] - The surrounding area includes key innovation bases such as the National Supercomputing Center in Chengdu and the Tianfu Laboratory, with over 120 innovation service institutions and 273 pilot test platforms [3] - The island's ecosystem has attracted high-quality companies, with 13% being unicorns and 50% classified as "invisible champions" or specialized "little giants" [3]

Group 1 - Chengdu's Innovation Ecological Island has welcomed its first three resident companies in 2026, focusing on robotics, machine vision, and biotechnology, bringing the total number of companies on the island to over 50 [1] - The island serves as a pilot platform for integrating innovation chains, industrial chains, financial chains, and talent chains in Sichuan Province, promoting large-scale application demonstrations of new technologies and products [1] - The island covers approximately 1006 acres and is divided into innovation transformation service areas, emerging industry cultivation areas, and ecological vitality gathering areas, featuring futuristic architecture [1] Group 2 - The island has hosted over 200 innovation activities in the past year and has opened more than 100 technology application scenarios, with 38 scenarios such as unmanned smart boats and intelligent delivery systems already operational [3] - The island is surrounded by key innovation bases, including the National Supercomputing Center in Chengdu and the Tianfu Laboratory, housing over 120 innovation service institutions and linking 273 pilot test platforms [3] - The unique application scenarios have attracted high-quality enterprises, with 13% of companies in the W7 building being unicorns and 50% being hidden champions or specialized "little giants" [3]

Core Insights - Chengdu's Innovation Ecological Island has welcomed its first three resident companies in 2026, focusing on robotics, machine vision, and biotechnology, bringing the total number of "island owners" to over 50 [1] - The "14th Five-Year Plan" emphasizes the need to enhance industrial ecosystems and implement large-scale applications of new technologies and products, accelerating the development of emerging industries [1] - The island serves as a pioneering platform for integrating innovation, industry, finance, and talent in Sichuan Province, exploring technology transfer paths driven by real-world scenarios [1] Group 1 - The Chengdu Innovation Ecological Island covers approximately 1006 acres and is divided into three functional areas: innovation transformation service area, emerging industry incubation area, and ecological vitality gathering area [3] - The island features advanced technologies such as a drone delivering coffee and an L4-level autonomous boat, showcasing practical applications of low-altitude logistics and smart transportation [3][5] - The island has hosted over 200 innovation activities in the past year and has opened more than 100 technology application scenarios, with 38 scenarios already operational [5][7] Group 2 - The island is surrounded by key innovation bases, including the National Supercomputing Center in Chengdu and the Tianfu Laboratory, housing over 120 innovation service institutions and linking 273 pilot platforms [7] - The unique scenario offerings have attracted high-quality companies, with 13% of unicorn companies and 50% of "invisible champions" and specialized "little giant" enterprises located within the W7 building [7] - The island's influence is expanding, with satellite islands being established in various regions, having identified 150 convertible results and successfully implementing 35 [7]

Core Insights - Chengdu's Sci-Tech Eco-Island has welcomed its first three companies of 2026, focusing on robotics, machine vision, and biotechnology, bringing the total number of enterprises on the island to over 50 [1] - The "14th Five-Year Plan" emphasizes the need for a robust industrial ecosystem and large-scale application demonstrations of new technologies and products, accelerating the development of emerging industries [1] - The island serves as a pioneering platform for integrating innovation, industry, finance, and talent in Sichuan Province, exploring technology transfer driven by real-world scenarios [1] Group 1 - Chengdu Sci-Tech Eco-Island covers approximately 1,006 acres and is divided into innovation transformation service areas, emerging industry incubation areas, and ecological vitality gathering areas [3] - The island features advanced logistics solutions, such as drone delivery for coffee and an L4 level autonomous boat for passenger transport, showcasing practical applications of low-altitude logistics [3][4] - The island has hosted over 200 sci-tech events in the past year and has opened more than 100 technology application scenarios, with 38 scenarios already operational [4] Group 2 - The island is home to over 120 sci-tech service organizations and connects with 273 pilot platforms, sharing more than 15,000 sets of research instruments and equipment [7] - The unique scenario offerings have attracted high-quality companies, with 13% of firms in the W7 building being unicorns and 50% being "hidden champions" or specialized "little giants" [7] - The island's influence is expanding, with satellite islands being established in various regions, having identified 150 convertible results and successfully implementing 35 of them [7]

Group 1 - The company held its first extraordinary general meeting of shareholders on January 15, 2026, where it approved the change of the fundraising project from "Headquarters R&D Center Construction Project" to "Machine Vision Intelligent Manufacturing Expansion Project" [1][2] - To regulate the management and use of raised funds and protect investors' rights, the company decided to open a special account for the "Machine Vision Intelligent Manufacturing Expansion Project" and sign a supervision agreement with the sponsoring institution and the supervising bank [2] - The board of directors authorized the general manager or designated personnel to handle the opening of the special bank account and the signing of the supervision agreement [2] Group 2 - The extraordinary general meeting was convened in accordance with legal and regulatory requirements, and the voting process was compliant with the Company Law and the company's articles of association [6][7] - There were no rejected proposals during the meeting, and the meeting was attended by all seven current directors and the board secretary [5][7] - The meeting was witnessed by a law firm, which confirmed that the convening and voting procedures were legal and valid [6][7]

Investment Rating - The investment rating for the company is "Buy" and is maintained [6]. Core Insights - The company has recently won a bid for the 2026 2D vision project with a contract amount of RMB 120 million, which is expected to positively impact its operational performance [2][4]. - The company is positioned as a leader in the 3C vision sector and has shown strong competitive advantages, with continuous high growth in its performance throughout 2025 [9]. - The recovery of downstream industries, particularly in the 3C and lithium battery sectors, is anticipated to support the company's revenue growth [9]. - The integration of AI and vision technologies is expected to enhance the company's market competitiveness and customer loyalty [9]. - Future prospects indicate that AI and embodied intelligence will gradually materialize, with the company expanding its product offerings in robotics and related technologies [9]. Summary by Relevant Sections Project Announcement - The company announced its successful bid for the 2026 2D vision project, with a bid amount of RMB 120 million [4]. Financial Performance - For the first three quarters of 2025, the company achieved revenue of RMB 1.012 billion, a year-on-year increase of 38.06%, and a net profit of RMB 183 million, also up by 38.43% [9]. Market Position and Future Outlook - The company is expected to benefit from the recovery in the 3C and lithium battery industries, with a projected increase in market share and new business expansions [9]. - The company has established a product matrix that integrates vision, sensing, motion, and AI, enhancing its competitive edge [9]. - The establishment of a robotics division aims to leverage advanced vision technologies for various robotic applications, indicating a strategic shift towards higher-value sectors [9].

Core Viewpoint - OptoTech has won a bid for the "2026 2D Visual Solution Tender Project" from GoerTek, with a bid amount of RMB 120 million, indicating its strong capabilities in 2D visual technology solutions [1]. Company Overview - OptoTech is a high-tech enterprise focused on the research, development, production, and sales of core hardware and software products in machine vision, established in 2006 [1]. - The company started with light source products in machine vision components and has grown to become one of the largest machine vision companies in China, covering a comprehensive product line including visual algorithm libraries, intelligent visual platforms, industrial AI, light sources, light source controllers, industrial lenses, and industrial cameras [1]. Bid Details - The bid amount for the project is significant at RMB 120 million, showcasing OptoTech's competitive edge in the industry [1]. - Although OptoTech has received the bid notification, a formal contract has yet to be signed with the tendering unit, and the final contract amount, specific performance terms, and signing timeline are still subject to further confirmation between both parties [1].

Core Viewpoint - Ecovision Optoelectronics (688610.SH) is currently trading at 65.94 yuan, reflecting a decline of 1.85% and is in a state of breaking its initial public offering (IPO) price [1] Group 1: IPO Details - Ecovision Optoelectronics was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on July 19, 2023, with a public offering of 17 million shares at an issue price of 73.33 yuan per share [1] - The total amount raised from the IPO was 1.24661 billion yuan, with a net amount of 1.13511 billion yuan after deducting issuance costs [1] - The final net amount raised exceeded the original plan by 15.66 million yuan, as the company initially aimed to raise 1.11944 billion yuan [1] Group 2: Fund Allocation - The funds raised are intended for the construction of the company's headquarters industrial imaging core components project, the establishment of a machine vision research and development center, and to supplement working capital [1] Group 3: Issuance Costs - The total issuance costs for the IPO amounted to 111.49 million yuan, with the underwriting fees for the lead underwriter, China Merchants Securities Co., Ltd., being 89.52 million yuan [1]