Group 1 - The company, Nanjing Maolai Optical Technology Co., Ltd., has received an inquiry letter from the Shanghai Stock Exchange regarding its application for issuing convertible bonds to unspecified objects [1][2] - The company has conducted a thorough study and addressed the questions raised in the inquiry letter in collaboration with relevant intermediaries [1] - The response to the inquiry letter has been publicly disclosed on the Shanghai Stock Exchange's website [1] Group 2 - The issuance of convertible bonds is subject to approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission [2] - There is uncertainty regarding whether the company will pass the review by the Shanghai Stock Exchange and obtain registration approval from the China Securities Regulatory Commission [2] - The company will fulfill its information disclosure obligations based on the progress of the matter [2]

Core Viewpoint - Macquarie has downgraded the target price for Sunny Optical Technology (02382.HK) to HKD 99 due to slower-than-expected growth in smartphone module and lens shipments, while still maintaining a "buy" rating based on the company's leading position in advanced technology adoption [1] Group 1: Financial Forecasts - Macquarie has reduced its net profit forecasts for Sunny Optical for the years 2025 to 2027 by 4% to 5% [1] - The target price has been adjusted down by 12% from HKD 112.7 to HKD 99, reflecting a projected price-to-earnings ratio of 21.5 times for 2026 [1] Group 2: Market Position - Sunny Optical remains on Macquarie's buy list due to its leading position in miniaturization, module packaging, lens molding, and voice coil motor (VCM) integration [1]

Group 1: Hong Kong Stocks - Lehua Entertainment (02306) surged over 24% due to strong market performance of its toy IP "WUKUKU," with multiple new products setting sales records and the theme song exceeding 1 billion views [1] - United Energy Group (00467) rose over 7% after signing a 15-year production increase contract with Uzbekistan's UNG, involving 57.8 billion cubic meters of oil and gas production, with an initial investment of $100 million to expand into Central Asia [1] - Smoore International (06969) fell over 3% as shareholder Yiwei Lithium Energy plans to reduce its stake by 3.5% (216 million shares), resulting in a decrease of its holding to 27.23%, no longer being the controlling shareholder [1] - New World Development (00200) dropped over 5% after completing a "2 for 1" rights issue, issuing 758 million shares and raising HKD 771 million, with oversubscription of 13 times [1] - Fourth Paradigm (06682) increased over 7% after launching AI solutions for the manufacturing industry, covering production optimization to supply chain intelligence upgrades [1] - Shandong High-Tech Holdings (00412) rose over 4% as Zhongtai Securities highlighted significant synergy between its new energy and digital infrastructure, with a data center PUE value of 1.15, enhancing financial integration [1] - KANAT Optical (02276) increased over 4% due to an explosion in the smart glasses market (e-commerce transactions up 8 times), with Meta collaborating with Oakley to launch AI glasses, positioning the company with leading 3C enterprises [1] Group 2: Other Notable Stocks - Sipai Health (00314) rose over 7% after partnering with Anruijiaer to develop customized insurance, planning to sell 6 pharmacies for 5.89 million to focus on core medical insurance business [2] - SF Express (09699) increased over 5% after raising its delivery service revenue cap for 2025/26 to HKD 12.8 billion / HKD 20.5 billion, with demand growth exceeding expectations [2] - Liufu Group (00590) fell over 3% as it projected a 40% decline in profits for the 2025 fiscal year, primarily due to gold hedging losses and high base effects from acquisition gains [2] - Zhenjiu Lidu (06979) rose over 4% after announcing Yao Annan as the "Cultural Heritage Ambassador" for liquor, leveraging Huawei-related topics to boost brand visibility [2] - Ideal Auto-W (02015) dropped over 4% as Meituan's Wang Xing sold 5.73 million shares for HKD 600 million, reducing his stake to 20.61% [2] - Health Road (02587) surged over 7% as its liver disease AI management platform was selected for Beijing's digital medical verification program, supporting WHO's "2030 Hepatitis Elimination" goal [2] - Gilead Sciences-B (01672) rose over 5% after its psoriasis oral drug ASC50 completed the first dosing in Phase I clinical trials in the U.S., targeting the IL-17 pathway [2] - China Silver Group (00815) increased over 10% after partnering with Zefeng Gold to acquire a 55% stake in a lead-zinc exploration company, gaining exploration rights over 50.8 square kilometers in Tibet [2] Group 3: U.S. Stocks - Verve Therapeutics (VERV.US) skyrocketed over 80% as Eli Lilly prepares to acquire the gene-editing company for up to $1.3 billion, with $1 billion as an upfront payment and $300 million contingent on specific clinical milestones [4] - Solar energy stocks plummeted, with Sunrun (RUN.US) down over 40%, Solaredge Technologies (SEDG.US) down over 41%, and First Solar (FSLR.US) down over 22%, following a Republican proposal in the U.S. Senate to terminate wind and solar tax credits by 2028, raising concerns about the industry's outlook [4] - Reddit (RDDT.US) rose over 6% after launching the AI advertising tool Reddit Insights, enhancing ad targeting through real-time user trend analysis [4] - Bitcoin-related stocks fell, with CleanSpark (CLSK.US) down over 7% and Riot Platforms (RIOT.US) down over 5%, as Bitcoin prices dropped nearly 2% to $105,580 amid escalating tensions in the Middle East and high leverage positions in the derivatives market [4] - AMD (AMD.US) continued to rise 0.56% after officially launching the Zen5 architecture Ryzen Threadripper processors, covering the workstation and desktop markets, with a market share close to 50% in China for Q1, although there are concerns about its cost-performance ratio [5] - Brain Regen Technologies (RGC.US) surged over 30% after announcing a 38-for-1 stock split, coupled with FDA clinical trial approval news, although its actual business has no revenue and a very small float, indicating significant retail speculation [6] - Jabil (JBL.US) rose over 8%, reaching a new all-time high of $202.5, with Q3 revenue increasing 15% year-on-year to $7.83 billion, raising its full-year revenue forecast to $29 billion and planning a $500 million investment to support AI data center infrastructure [6] - Niu Technologies (NIU.US) increased over 11% after launching its new NX Play electric motorcycle on Douyin, integrating a smart riding system to enhance user experience [6] - T-Mobile US (TMUS.US) fell nearly 4% as SoftBank sold 21.5 million shares at $224 each, a 3% discount, triggering market sell-off [6] - The pharmaceutical sector saw widespread declines, with Eli Lilly (LLY.US) down over 2% and Novo Nordisk (NVO.US) down over 3%, as concerns grew over the potential impact of the U.S. Senate tax bill on the industry, coupled with profit-taking ahead of some companies' earnings reports [6] - The gold sector declined, with Gold Fields (GFI.US) down over 2.1%, and spot gold fell 0.27% to $3,375.53, as easing tensions in the Middle East reduced safe-haven demand, alongside Citigroup's bearish long-term gold price forecast [7]

华泰证券认为，三季度港股或从此前趋势上行转为阶段震荡，但增配逻辑仍然不改，因此逢低买入并持 有仍然是可行操作。配置上，短期建议投资者沿景气与资金寻找具备亮点的行业：1）部分基本面稳健 的红利资产仍可作为底仓配置。2）沿景气趋势轮动布局港股消费、医药与科技板块；3）沿本地经济环 境改善布局本地金融、公用事业等服务型板块。 6月17日，港股三大指数高开低走，恒生科技指数午后小幅下跌。恒生科技指数ETF（513180）跟随指 数震荡下行，持仓股中，地平线机器人、中芯国际、同程旅行等领跌，舜宇光学科技、阿里巴巴、金蝶 国际等领涨。 近期资金低位布局港股科技板块。截至6月16日，恒生科技指数ETF（513180）近2个交易日获资金净流 入高达8.45亿元。当前恒生科技指数ETF（513180）标的指数的最新估值（PETTM）仅20.18倍，处于 指数2020年7月27日发布以来约8.42%的估值分位点，即当前估值低于指数发布以来91%以上的时间。 公开信息显示，恒生科技指数ETF（513180）在A股上市的同赛道ETF中规模和流动性双双领先，支持 T+0交易。其标的指数软硬科技兼备，文有AI，武有机器人，囊括相较于A股 ...

Group 1 - The optical packaging (CPO) sector has seen a rise, with Tai Chen Guang (300570) increasing by over 10% [1] - Other companies such as Zhi Shang Technology (301486), Yong Ding Co., Ltd. (600105), Yuan Jie Technology, Zhong Ji Xu Chuang (300308), and Xin Yi Sheng (300502) also experienced gains [1]

2024年年度权益分派实施公告 ■ 特别提示： 1、根据《公司法》《深圳证券交易所上市公司自律监管指引第9号一一回购股份》等相关规定，上市公 司回购专用证券账户中的股份不享有利润分配等权利。因此，公司本次权益分派以股权登记日总股本 374,118,981股剔除已回购股份3,113,500股后的371,005,481股为基数，向全体股东每10股派发现金红利1 元（含税），合计派发现金红利37,100,548.10元（含税）。 2、本次权益分派实施后计算除权除息价格时，按公司总股本374,118,981股折算后的每10股现金分红金 额=37,100,548.10/374,118,981*10=0.991677元（保留六位小数，最后一位直接截取，不四舍五入）。在 保证本次权益分派方案不变的前提下，2024年年度权益分派实施后的除权除息价格=股权登记日（2025 年6月19日）收盘价-0.0991677元/股。 东莞市宇瞳光学科技股份有限公司（以下简称"公司"或"本公司"）2024年年度权益分派方案已获2025年 5月20日召开的2024年度股东大会审议通过，现将权益分派事宜公告如下： 一、股东大会审议通过权益分派方 ...

证券代码：300790 证券简称：宇瞳光学 公告编号：2025-045 东莞市宇瞳光学科技股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 特别提示： 等相关规定，上市公司回购专用证券账户中的股份不享有利润分配等权利。因此，公司 本次权益分派以股权登记日总股本 374,118,981 股剔除已回购股份 3,113,500 股后的 红利 37,100,548.10 元（含税）。 本公司 2024 年年度权益分派方案为：以公司现有总股本剔除已回购股份 3,113,500 股后的 371,005,481 股为基数，向全体股东每 10 股派 1 元人民币现金（含税；扣税后， 通过深股通持有股份的香港市场投资者、境外机构（含 QFII、RQFII）以及持有首发前 限售股的个人和证券投资基金 10 股派 0.9 元；持有首发后限售股、股权激励限售股及 无限售流通股的个人股息红利税实行差别化税率征收，本公司暂不扣缴个人所得税，待 个人转让股票时，根据其持股期限计算应纳税额【注】；持有首发后限售股、股权激励 限售股及无限售流通股的证券投资基金所涉红利税，对香港投资 ...

Core Viewpoint - The company plans to acquire 100% of Dongguan Changyi Optoelectronics Co., Ltd. through a share issuance, aiming to enhance its product matrix in the high-end zoom and mid-to-low-end fixed-focus lens sectors [1] Group 1: Acquisition Details - The acquisition involves issuing shares to specific investors to raise matching funds, with the transaction price yet to be finalized due to incomplete auditing and evaluation [1] - Upon completion, Changyi Optoelectronics will become a wholly-owned subsidiary of the company, contributing to a diversified product offering [1] Group 2: Financial Performance - The company's projected revenue for 2024 is 1.88 billion yuan, a 14% increase year-on-year, but net profit is expected to decline by 40% to 38.56 million yuan [1] - The operating cash flow has significantly decreased from 193 million yuan in 2023 to 15.67 million yuan in 2024, marking a 91.87% drop [1] - In Q1 2025, the company continues to face losses of 23.98 million yuan, indicating ongoing cash flow pressures [1] Group 3: Target Company Performance - Changyi Optoelectronics reported a revenue of 244 million yuan in 2023, with a net loss of 50.93 million yuan, but is projected to achieve a revenue of 560 million yuan in 2024 with a net profit of 6.09 million yuan, reflecting a net profit margin of only 1.09% [1] - The target company is heavily reliant on a single major customer, Sunny Optical, which accounts for over 50% of its revenue, posing a significant risk [1] Group 4: Financing and Strategic Considerations - The company has exhibited a pattern of "high-frequency, low-efficiency" financing, with a previous fundraising of 467 million yuan for a smart wearable project that has faced delays [2] - The success of the acquisition is critical not only for the company's strategic positioning but also for its risk management and resource integration capabilities [2] - Key performance indicators to monitor include the quarterly net profit of Changyi Optoelectronics, monthly shipment stability of AR/VR products, and the gross margin improvement of automotive lenses [2]

不仅如此，作为最近几年中国经济发展的一个突出现象，文旅消费也在东北地区上演火热场景。随着工 业化和现代化水平不断提升，人工智能、机器人、物联网等高新科技应用更加广泛，人们在物质生活更 加丰富之余，开始需要更多也更新颖的精神食粮和文化享受，相关的服务业和文化产业因此迎来发展机 遇。比如最近几年，哈尔滨冰雪节以及东北其他多地冰雪项目持续火爆，南方"小土豆"们涌向东北以体 验不一样的快乐。当前的一个普遍趋势是，中国文化产业需要更多优秀产品供给，东北地区城镇化历史 较长，加上"黑土地"和冰雪季这样的独特地域特征，地方特色文化也已具备一定程度的产业化基础，不 仅能够给游客带来独特体验，还能创造丰厚的经济价值。 东北地区"人气儿"越来越旺的同时，新质生产力发展也越来越有奔头。事实上，东北本就具有相当深厚 的产学研基础，比如哈尔滨的军民融合产业、长春的光学和汽车产业、沈阳的火车和机器人等。过去十 多年来，国内不少重大发明成果都是出自东北地区的高校或科研院所，只是由于东北经济热度不如东南 沿海，一些成果转化被放到了其他地区进行。现在，随着我国加快构建新发展格局，区域协调发展战略 不断推进，对东北地区予以持续稳定的关注和投入等 ...

Recent Key Events - The U.S. International Trade Court ruled that Trump's tariff policy was illegal, leading to a significant reduction in tariffs between China and the U.S. [1][8] - Tesla plans to launch its fully autonomous taxi service, Robotaxi, in Austin, Texas, on June 12, 2025, with an initial fleet of about 10 vehicles [2][9] - The 2025 Lujiazui Forum will be held from June 18 to 19, focusing on financial cooperation and high-quality development amid global economic changes [2][9] Market Situation - The Hang Seng Index rose from 22,119 points at the end of April to 23,290 points at the end of May, marking a 5.3% increase [11] - The Hang Seng Technology Index increased from 5,087 points to 5,170 points, a rise of 1.6% [11] - In May, net inflows from southbound funds amounted to 45.6 billion HKD, with a decrease in net inflows over the past 30 trading days [12] Current Investment Recommendations - **Pop Mart (9992.HK)**: Achieved a 165%-170% year-on-year revenue growth in Q1 2025, with overseas revenue increasing by 475%-480% [22][24] - **China Qinfa (0866.HK)**: Improved balance sheet with a net profit increase of 150.5% year-on-year in 2024, primarily due to loan restructuring [27][30] - **Jingtai Holdings (2228.HK)**: Positioned as a leader in AI for Science, with significant growth potential in the trillion-dollar market [33][34] - **Xiaomi Group-W (1810.HK)**: Reported a 47.4% year-on-year revenue growth in Q1 2025, reaching a record high of 111.3 billion CNY [37][39] - **Li Auto-W (2015.HK)**: Anticipates the launch of its first pure electric SUV, i8, in July 2025, with a projected delivery of 12.3-12.8 million vehicles in Q2 [41][42] - **Leap Motor (9863.HK)**: Achieved a 187.1% year-on-year revenue growth in Q1 2025, with a focus on expanding its product lineup and international presence [46][48]