Core Viewpoint - The rapid development of smart technologies is driving the growth of digital terminal products, presenting new opportunities for domestic optical lens manufacturers amid the wave of domestic substitution [1][2]. Group 1: Company Overview - Hongjing Optoelectronics, established in 2012, aims to become a leading provider of optical imaging and video imaging solutions in the global optoelectronics sector [1]. - The company has achieved a compound annual growth rate (CAGR) of 75% in revenue and 176% in net profit from 2021 to 2023, tripling its revenue scale in just two years [1][2]. - Hongjing Optoelectronics has established a strong market presence in various sectors, including smart automotive, smart home, and panoramic/sports cameras, with a significant market share [2][3]. Group 2: Market Position and Competitiveness - In the panoramic/sports camera sector, Hongjing Optoelectronics holds over 25% of the global market share, serving as a core supplier for leading companies like Yingshi Innovation, which has a market share of 50.7% [2]. - The company ranks sixth globally in the automotive optical lens market with a 3.70% market share and holds a 9.95% share in the home camera optical lens market as of 2023 [2]. Group 3: Research and Development - Hongjing Optoelectronics has maintained a R&D investment CAGR of 55% from 2021 to 2023, with R&D expenses consistently accounting for over 6% of revenue [4]. - The company has a dedicated R&D team of 216 personnel and collaborates with various research institutions to enhance its technological capabilities [4][5]. - As of June 30, 2024, the company has secured 270 domestic patents, including 116 invention patents, and is focusing on advanced research in areas such as smart driving and AR technology [5]. Group 4: IPO and Future Plans - The completion of the IPO will enable Hongjing Optoelectronics to accelerate its development, with nearly 500 million yuan allocated for expanding production capacity and R&D [6]. - The company plans to enhance its production capacity by over 35 million precision optical lenses and modules, addressing existing capacity constraints [6]. - Future R&D initiatives will focus on smart driving, laser radar, AR, medical lenses, and advanced optical technologies, aligning with emerging market trends [6][7]. Group 5: Industry Outlook - The optical lens market is expected to grow significantly, with supply projected to increase from 3.525 billion units in 2020 to 6.331 billion units by 2027 [7]. - Hongjing Optoelectronics aims to leverage its core technological advantages and expand its brand presence while focusing on the smart automotive and emerging consumer electronics sectors [7].

股票简称：中润光学 股票代码：688307 嘉兴中润光学科技股份有限公司 （浙江省嘉兴市秀洲区高照街道陶泾路 188 号） 首次公开发行股票科创板上市公告书 保荐机构（主承销商） （注册地址：深圳市罗湖区红岭中路 1012 号国信证券大厦十六至二十六层） 二零二三年二月十五日 声明及承诺 本公司及全体董事、监事、高级管理人员保证上市公告书所披露信息的真实、 准确、完整，承诺上市公告书不存在虚假记载、误导性陈述或重大遗漏，并依法 承担法律责任。 上海证券交易所、有关政府机关对本公司股票上市及有关事项的意见，均不 表明对本公司的任何保证。本公司提醒广大投资者认真阅读刊载于上海证券交易 所网站（http：//www.sse.com.cn）的本公司招股说明书"风险因素"章节的内容， 注意风险，审慎决策，理性投资。 本公司提醒广大投资者注意，凡本上市公告书未涉及的有关内容，请投资者 查阅本公司招股说明书全文。 如无特别说明，本上市公告书中的简称或名词的释义与本公司招股说明书中 的相同。 二、新股上市初期的投资风险提示 嘉兴中润光学科技股份有限公司（以下简称"中润光学"、"发行人"、"公 司"或"本公司"）股票将于 20 ...