9月28日，军工电子企业哈尔滨新光光电科技股份有限公司(688011.SH，下称"新光光电")公告披露，公 司近日收到嵩县(隶属河南省洛阳市)监察委员会签发的关于对公司实际控制人、董事长康为民的《立案 通知书》和《留置通知书》，康为民被实施留置措施。 新光光电主要为武器系统研制提供光学制导、光学目标与场景仿真、激光对抗和光电专用测试等方向的 高精尖组件、装置、系统和解决方案，也有部分民品业务。公开资料显示，现年59岁的康为民1990年7 月至1994年5月任哈尔滨激光研究所工程师；1994年6月至2001年8月任哈尔滨工业大学自动化仪表与控 制研究所副研究员；2001年9月至2018年1月任哈尔滨工业大学光学目标仿真与测试技术研究所所长； 2018年12月起任新光光电董事长、总经理。2019年，在康为民带领下，新光光电跻身首批科创板上市企 业。 出身哈工大的康为民有着深厚的家学渊源。据《黑龙江日报》2020年6月报道，康为民毕业于哈工大物 理系，其父亲康松高曾参与创建哈工大光学专业，是哈工大"八百壮士"之一。1986年，康为民考入哈工 大应用物理系的应用物理专业，毕业后一直在哈工大从事光学领域研究和教学工作。 ...

Summary of the Conference Call for Xinguang Optoelectronics Company Overview - **Company**: Xinguang Optoelectronics - **Industry**: Defense and Optoelectronics Key Points and Arguments Financial Performance - In the first half of 2025, Xinguang Optoelectronics experienced a revenue decline, but the decrease in net profit attributable to shareholders was relatively small due to improved internal management, market expansion, and technological innovation [2][3] - Sales and management expenses decreased year-on-year, and the collection of accounts receivable showed significant improvement, leading to a 100% reduction in credit impairment losses [3][2] - The total order backlog reached 312 million yuan, with new orders of 162 million yuan added in the first half of 2025, and approximately 20 million yuan in revenue confirmed from deliveries [2][5] Product Development and Market Position - The company made progress in the medium-wave infrared guidance components sector, completing small batch deliveries and military validation, which led to new small batch order contracts [2][6] - Xinguang has been deeply involved in the laser countermeasure field for many years, developing over ten system prototypes, including lightweight laser defense systems, and is actively communicating with military units and research institutions for market expansion [2][7] - The laser defense systems have achieved full localization, meeting military requirements for core component domestic production [4][16] Joint Ventures and Collaborations - Xinguang Optoelectronics holds a 38.5% stake in a joint venture with China Wine Institute, focusing on high-energy laser research and development, which will be reflected as investment income in financial statements due to the lack of a controlling shareholder [2][9] Future Outlook and Strategic Initiatives - The company plans to implement stock incentives using over 800,000 repurchased shares, with a decision expected in early 2026 [4][17] - Xinguang aims to improve operational quality and profitability through better internal management and cost control, targeting revenue growth in the range of 400 to 500 million yuan once the new "Optomechanical Integration Upgrade Project" is fully operational [4][20][18] - The company has not conducted a specific market size assessment for laser defense systems, but industry reports suggest potential market sizes in the hundreds of billions to trillions [14] Challenges and Market Dynamics - The revenue decline in the first half of 2025 was attributed to delivery systems and projects not meeting acceptance conditions, with most revenue recognition expected in the fourth quarter due to the nature of military contracts [3][25] - The company faces competition primarily from state-owned research institutions, which dominate the domestic market for laser countermeasures [12] Inventory and Order Management - As of mid-2025, the company reported inventory levels of approximately 100 million yuan, an increase from the previous year, indicating ongoing production and testing of optical simulation and guidance products [24] - Contract liabilities increased to approximately 73 million to 74 million yuan, reflecting customer prepayments and unfulfilled orders, which support future order expectations [23][21] Investor Relations and Market Management - Xinguang Optoelectronics emphasizes investor communication through strategy meetings and performance briefings, aiming to enhance market value and investor confidence [26][27] - The company plans to continue stock repurchases and stock incentive programs to improve development quality and market performance [28]