证券日报网讯9月2日晚间，聚飞光电（300303）发布公告称，截至2025年8月31日，公司通过股票回购 专用证券账户以集中竞价交易方式累计回购公司股份2，649，200股，占公司总股本的0.1871%。 ...

Investment Rating - The report maintains an "Outperform" rating for the company [2] Core Insights - The company has achieved a significant milestone by securing a designated project for LCOS AR-HUD, which accelerates its layout in array waveguides [1] - The company reported a revenue of 3.02 billion yuan for H1 2025, representing a year-on-year growth of 13.8%, and a net profit of 501 million yuan, up 17.4% year-on-year [9] - The company is focusing on three growth curves: enhancing optical innovation in consumer electronics, leading in automotive optical components like AR-HUD, and strategic positioning in the AR/VR market [9] Financial Data and Profit Forecast - Total revenue is projected to reach 7.04 billion yuan in 2025, with a year-on-year growth rate of 12.2% [8] - The net profit attributable to the parent company is expected to be 1.25 billion yuan in 2025, reflecting a growth rate of 21.8% [8] - The company’s gross margin is forecasted to be 30.7% in 2025, with a return on equity (ROE) of 12.2% [8]

Core Viewpoint - The company, Zhejiang Crystal Optoelectronics Technology Co., Ltd., has announced its 2025 semi-annual profit distribution plan, which includes a cash dividend of 1 yuan per 10 shares for shareholders, totaling 137,589,966.60 yuan, based on the adjusted total share capital after accounting for repurchased shares [1][2][4]. Summary by Sections Shareholder Meeting Approval - The profit distribution plan was approved at the 2024 annual shareholder meeting on May 8, 2025, and subsequently reviewed by the board on August 27, 2025 [1]. Profit Distribution Plan - The total share capital is 1,390,632,221 shares, with 14,732,555 shares repurchased, resulting in an adjusted total of 1,375,899,666 shares for the dividend calculation [1][2]. - The cash dividend is set at 1 yuan per 10 shares, leading to a total cash distribution of 137,589,966.60 yuan (including tax) [1][2]. Shareholder Rights - Shares held in the repurchase account do not participate in profit distribution or capital increase rights [2][4]. - If the total share capital or the number of repurchased shares changes before the distribution, the distribution base will be adjusted accordingly while maintaining the distribution ratio [2]. Key Dates - The record date for the profit distribution is September 9, 2025, and the ex-dividend date is September 10, 2025 [3]. Distribution Method - Cash dividends will be directly credited to shareholders' accounts through their custodial securities companies [3]. Ex-Dividend Price Calculation - The ex-dividend price will be calculated as the previous day's closing price minus the cash dividend of 0.0989405 yuan per share, which is derived from the total cash dividend divided by the total share capital [4].

此次回购股份资金不低于8000万元且不超过1亿元（均含本数），回购股份价格不超过9.87元/股（含本 数）。后因实施2024年年度权益分派方案，于2025年6月7日调整回购价格上限为9.74元/股（含本数） 。回购股份的实施期限为自公司董事会审议通过本次回购方案之日起12个月内。 最新回购进展 登录新浪财经APP 搜索【信披】查看更多考评等级 2025年9月2日，深圳市聚飞光电股份有限公司发布关于回购公司股份的进展公告，披露了公司自启动回 购计划以来的相关情况。 回购计划回顾 聚飞光电于2025年4月18日召开第六届董事会第六次会议、第六届监事会第六次会议，审议通过《关于 <回购公司股 份方案="份方案"> 的议案》。公司拟使用自有资金或自筹资金，以集中竞价交易方式回 购部分社会公众股股份。回购股份种类为人民币普通股（A股），将用于后续实施员工持股计划或者 股 权激励，若未能在 股份回购完成后的36个月内用于上述用途，未使用部分将予以注销。 后续，聚飞光电将根据市场情况在回购期限内继续实施股份回购计划，并按照相关法律法规和规范性文 件的规定及时履行信息披露义务。投资者需注意投资风险。 声明：市场有风险，投资需 ...

格隆汇9月2日丨聚飞光电(300303.SZ)公布，截至2025年8月31日，公司通过股票回购专用证券账户以集 中竞价交易方式回购公司股份2,649,200股，占公司总股本的0.1871%，最高成交价为6.35元/股，最低成 交价为5.82元/股，成交总金额为1630.4056万元(不含交易费用)。 ...

Market Overview - The optical and optoelectronic sector experienced a decline of 3.33% on September 2, with Qianzhao Optoelectronics leading the drop [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Stock Performance - Notable gainers in the optical and optoelectronic sector included: - Helitai (002217) with a closing price of 4.02, up 4.15% [1] - Sudavige (300331) at 28.81, up 3.48% [1] - Major decliners included: - Qianzhao Optoelectronics (300102) at 14.18, down 9.10% [2] - Wavelength Optoelectronics (301421) at 77.01, down 8.42% [2] Trading Volume and Capital Flow - The optical and optoelectronic sector saw a net outflow of 4.957 billion yuan from institutional investors, while retail investors had a net inflow of 3.569 billion yuan [2] - The trading volume for Helitai was 8.6634 million shares, with a transaction value of 3.460 billion yuan [1] Individual Stock Capital Flow - Key stocks with significant capital flow included: - Longli Technology (300752) with a net inflow of 53.9799 million yuan from institutional investors [3] - Aibisen (300389) with a net inflow of 38.3749 million yuan from institutional investors [3] - Retail investors showed a net outflow in several stocks, including Aibisen, which had a net outflow of 42.9102 million yuan [3]

Group 1 - The core viewpoint of the articles highlights the recent decline in the stock price of Lianchuang Electronics, which has dropped 3.37% to 11.17 CNY per share, with a total market capitalization of 11.833 billion CNY [1] - Lianchuang Electronics has experienced a cumulative decline of 5.58% over the past three days, indicating a downward trend in its stock performance [1] - The company specializes in the research, production, and sales of optical lenses and touch display components, with its main business revenue composition being: automotive optics 38.61%, application terminals 31.62%, non-automotive optics 15.66%, and touch display products 14.11% [1] Group 2 - From the perspective of fund holdings, one fund under AVIC Fund has Lianchuang Electronics as a significant holding, with 242,300 shares representing 5.05% of the fund's net value [2] - The fund, AVIC Intelligent Selection Leading Mixed Initiation A (024388), has incurred a floating loss of approximately 94,500 CNY today and a total floating loss of 159,900 CNY during the three-day decline [2] - The fund manager, Zheng Changbin, has a tenure of 72 days with a total asset scale of 51.9125 million CNY, while the other manager, Wang Sen, has a tenure of 1 year and 342 days with a total asset scale of 1.56 billion CNY [2]

Group 1 - Zhonglun New Materials plans to reduce its shareholding by up to 4 million shares, accounting for 1% of the total share capital [1] - Haojiang Intelligent plans to reduce its shareholding by up to 1.5 million shares, accounting for 0.8364% of the total share capital [1] - Dekeli plans to reduce its shareholding by up to 474,180 shares, accounting for 3% of the total share capital [1][2] Group 2 - Fosun Pharma's subsidiary has received FDA approval for its HLX14 injection, intended for treating osteoporosis in postmenopausal women [3][4] - Shengtai Group plans to reduce its shareholding by up to 16.67 million shares, accounting for 3% of the total share capital [5] - Fangyuan Co. plans to reduce its shareholding by up to 15.3 million shares, accounting for 3% of the total share capital [6] Group 3 - Shenkai Co. completed a tender offer, resulting in 14.5655 million shares being accepted, giving the acquirer a 9.71% stake [8] - Guangdong Construction's 90MW solar-storage project in Tibet has achieved full capacity grid connection [9] - Kesi Technology plans to reduce its shareholding by up to 471,220 shares, accounting for 3% of the total share capital [9] Group 4 - Zhongtai Automobile's subsidiary faces forced execution, impacting its operational capacity [10] - Weima Agricultural Machinery plans to reduce its shareholding by up to 960,000 shares, accounting for 0.98% of the total share capital [10] - Tianqi Co. signed a strategic cooperation agreement with EVE Energy to enhance the lithium battery supply chain [11] Group 5 - Sudavige plans to acquire up to 51% of Changzhou Weipu Semiconductor Equipment Co. for a total valuation of up to 1 billion yuan [12] - Dengyun Co. plans to transfer 75% of its subsidiary's equity for 137 million yuan [13] - Sierte has received a notice of investigation from the China Securities Regulatory Commission for suspected information disclosure violations [14] Group 6 - Enjie Co. received a VAT refund of 188 million yuan for its subsidiary [15] - Jiama Clothing plans to reduce its shareholding by up to 366,000 shares, accounting for 0.28238% of the total share capital [16] - Xinong Co. plans to reduce its shareholding by up to 1.05 million shares, accounting for 0.6737% of the total share capital [17] Group 7 - Jiewate plans to jointly acquire 66.25% of Xinguang Haian for a total price of 418 million yuan [18] - Hubei Energy reported an increase in power generation by 22.05% year-on-year in August, with a total of 5.020 billion kWh generated [19][20] - Nasda signed a strategic cooperation agreement with Teld for collaboration in market and product innovation [21] Group 8 - Jinli Technology plans to reduce its shareholding by up to 978,200 shares, accounting for 0.56% of the total share capital [22][23]

Group 1 - The Hong Kong stock market showed mixed performance with the Hang Seng Tech Index declining, while the largest ETF in the same sector fluctuated around 0% [1] - As of September 1, southbound capital inflow reached a cumulative net inflow of 990.94 billion HKD this year, nearing the 1 trillion HKD mark [1] - Recent data indicates a potential improvement in foreign capital flow, with long-term stable foreign institutional funds inflowing approximately 67.7 billion HKD from May to July [1] Group 2 - Haitong International noted that the Federal Reserve's shift towards rate cuts could lead to an unexpected return of foreign capital [2] - The preference of foreign capital in Hong Kong stocks is particularly strong in the technology and financial sectors, with significant inflows observed since May [2] - Alibaba's better-than-expected earnings report may catalyze a return to AI narratives within the Hang Seng Tech Index, which is currently undervalued [2]

Core Viewpoint - On September 1, 2025, Juguang Technology (688167) experienced a net financing inflow of 6.6373 million yuan, with a total financing balance of 664 million yuan, indicating strong investor interest in the stock over recent trading days [1][4]. Financing Summary - On September 1, 2025, the financing buy-in was 132 million yuan, while financing repayment was 125 million yuan, resulting in a net buy of 6.6373 million yuan and a financing balance of 664 million yuan [1]. - Over the past three trading days, the cumulative net buy reached 73.5938 million yuan, and in the last 20 trading days, there were net buys on 14 occasions [1]. - The financing balance on September 1 represented 5.54% of the circulating market value [2]. Margin Trading Summary - On September 1, 2025, there were no shares sold short, but 400 shares were repaid, resulting in a net short buy of 400 shares, with a remaining short balance of 7999 shares [3]. - The margin trading balance on September 1 was 666.1 million yuan, reflecting a 1.0% increase from the previous day [4].