（文章来源：证券日报） 证券日报网1月8日讯 ，蓝特光学在接受调研者提问时表示，随着AI应用逐步落地、性能需求不断提 升，光学元器件的应用场景也在日益扩展。在全产业链的竞争格局中，尤其是终端市场，正在呈现出相 对更显著的头部效应，这也在推动着光学产业链向更为紧密和集聚化的方向发展。公司凭借在光学领域 的长期积累，与大量行业领先的国际客户保持着密切合作关系。基于与众多下游客户的持续沟通和未来 需求研判，公司认为在新加坡、马来西亚设立子公司，可以进一步深化国际产业链协同、帮助公司更好 地融入精密光学元件全球供应链。目前，相关海外投资计划仍有待通过国内相关部门的境外投资审批或 备案手续，以及新加坡、马来西亚当地投资许可和企业登记等审批或登记程序。具体推进节奏欢迎大家 持续关注公司披露的进展公告。 ...

蓝特光学表示，本次海外布局是公司融入精密光学元件全球供应链的战略举措。通过在新加坡和马来西亚设立相关主体，公司将实现东南亚 区域的研发生产布局，有助于贴近国际市场、灵活响应海外客户需求，形成产业链协同效应；同时可完善国际营销网络，削弱区域性贸易壁 垒影响，进一步提升全球市场竞争力与抗风险能力。从财务影响来看，公司目前财务状况稳健，本次投资不会对主营业务、持续经营能力及 资产状况造成不利影响，长期将为公司战略发展奠定基础。 值得注意的是，本次投资尚需履行国内相关部门的境外投资审批或备案手续，以及新加坡、马来西亚当地的投资许可和企业登记等程序，审 批能否通过及通过时间存在不确定性。此外，由于海外地区在法律制度、政策体系、商业环境、文化特征等方面与国内存在差异，且未来经 营将面临宏观经济、市场竞争、行业政策变化等不确定因素，本次投资存在一定的经营风险、管理风险及市场风险，能否达到预期效果尚不 确定。 针对上述风险，蓝特光学称将依托自身经验及管理优势，加强各环节内部控制与风险防范。 近日，蓝特光学发布公告称，为深化国际产业链协同、应对国际贸易摩擦潜在风险，公司拟以自有及自筹资金出资不超过6000万美元（折合 人民币约 ...

Group 1 - The registered capital of ChipLink Integrated has increased from approximately 70.5 billion RMB to about 83.8 billion RMB [2] - The company underwent changes in several key personnel [2] - ChipLink Integrated was established in March 2018 and is involved in advanced wafer-level packaging, research and manufacturing of electronic components and optical components, as well as the development and manufacturing of photomasks [2] Group 2 - The company is jointly held by Shaoxing City Integrated Circuit Industry Fund Partnership (Limited Partnership) and SMIC Holdings [2]

Core Viewpoint - Zhongrun Optical (688307.SH) holds a 0.9412% stake in Blue Star Guangyu through the Runyang Fund, which focuses on the research, production, and sales of space laser communication products [1] Group 1 - The company expresses anticipation for collaboration with Blue Star Guangyu in the field of optical components [1]

Group 1: Company Performance - The company reported a significant increase in revenue and profit in Q3 2025, driven primarily by strong demand in the industrial laser sector [2] - The company aims to achieve an annual revenue target of 150 million for the photon segment, with performance on track as of Q3 [2] Group 2: Market Demand - There has been a robust demand for semiconductor equipment, with domestic companies like Zhongwei, Tuojing, and Changchuan performing well [2] - The demand for ultrafast lasers in the photovoltaic industry has surged, contributing to the increase in prepayments for material procurement [2] Group 3: Technical Capabilities - The company has the capability to process optical components with a surface roughness of less than 0.1 nm RMS for planar optical components [2]

Core Viewpoint - The leadership transition at Crystal Optoelectronics is a strategic move for generational succession and global expansion, with a focus on the "15th Five-Year Plan" and key objectives in dual circulation, AR optics, and North American partnerships [1][2][3]. Leadership Transition - Founder Lin Min steps down as chairman but remains on the board, emphasizing support for the younger team and focusing on talent development, long-term strategy, global expansion, and major project execution [2]. - New chairman Li Xiayun, a founding team member, has a strong track record in North American operations and is seen as the ideal candidate for cultural transmission and global strategy [2]. "15th Five-Year Plan" Strategy - The company aims to build a resilient dual circulation system, with Singapore as the operational headquarters and expanded manufacturing bases in Vietnam, balancing domestic and international sales to mitigate geopolitical risks [3]. - Crystal Optoelectronics targets becoming a global leader in AR optics by 2030, focusing on reflective waveguide technology and developing a diverse product matrix [3]. - The company plans to deepen strategic partnerships with North American clients, transitioning from OEM to ODM, and establishing an advanced manufacturing base in Taizhou [3]. Business Layout - Despite a slowdown in the consumer electronics market, there remains innovation demand, particularly from North American clients in camera systems and display technologies [4]. - AI and AR are viewed as significant growth areas, with the company's waveguide technology gaining recognition from North American clients [4]. Investor Concerns - The management emphasizes a balanced team of experienced and younger professionals to ensure stability while fostering innovation [5]. - Following a breakthrough in profitability in 2023, the market anticipates that strategic upgrades will lead to higher quality growth, with a gradual optimization of business structure towards dual circulation and AR initiatives [5].

Group 1 - The latest stock price of Lante Optics is 30.24 yuan, an increase of 1.48% compared to the previous trading day [1] - The intraday high reached 30.35 yuan, while the lowest point was 29.70 yuan, with a total transaction amount of 1.68 billion yuan [1] - Lante Optics specializes in the research, production, and sales of optical components, with applications in consumer electronics, automotive electronics, and medical devices [1] Group 2 - Lante Optics is a significant player in the optical and optoelectronic industry, with technological accumulation in glass substrates and semiconductor-related fields [1] - The company announced it will hold a performance briefing for the first half of 2025 on August 25, attracting market attention regarding its latest operational status and future development plans [1]

Core Viewpoint - Crystal Optoelectronics is actively building a diversified business structure, with continuous improvement in profitability [1] Business Segments - The company has established five major business segments: optical components, thin-film optical panels, semiconductor optics, automotive electronics (AR+), and reflective materials, all showing good growth trends [1] - Despite facing transformation and adjustment pressures, the company maintained a strong development momentum in Q1 2025 [1] Industry Positioning - With over 20 years of experience in the optical industry, the company focuses on product line development around three application scenarios: consumer electronics, automotive optics, and AR/VR [1] - The company's industrial structure is continuously optimized, significantly enhancing its internal growth momentum [1] Financial Projections - The company is expected to achieve operating revenues of 7.374 billion, 8.734 billion, and 10.042 billion yuan for the years 2025-2027, respectively [1] - Projected net profits attributable to the parent company are 1.236 billion, 1.507 billion, and 1.747 billion yuan for the same period [1] - Corresponding EPS is forecasted to be 0.89, 1.08, and 1.26 yuan, with PE ratios of 24.46, 20.07, and 17.31 times at current prices [1] - The rating is maintained at "Accumulate" [1]

Company Overview - The stock price of Optoelectronics Co., Ltd. closed at 19.66 yuan on July 30, representing a decline of 4.42% from the previous trading day [1] - The opening price for the day was 20.63 yuan, with a high of 20.88 yuan and a low of 19.40 yuan, resulting in an intraday volatility of 7.19% [1] - The trading volume was 451,900 hands, with a total transaction amount of 906 million yuan [1] Business Operations - Optoelectronics Co., Ltd. operates in the specialized equipment manufacturing industry, focusing on the research, production, and sales of optical materials, optical components, and optical instruments [1] - The company's products are widely used in various fields, including security monitoring, medical equipment, and industrial testing [1] Market Activity - During the early trading session on July 30, the stock experienced a rapid pullback, with a decline of over 2% within five minutes [1] - By 9:51 AM, the stock price was reported at 20.4 yuan, with a transaction amount of 271 million yuan [1] - The net outflow of main funds for the day was 86.59 million yuan, accounting for 0.87% of the circulating market value [1]

Group 1 - The company North Electro-Optic Co., Ltd. is planning to issue A-shares to specific investors, having obtained necessary approvals from relevant authorities including the China Securities Regulatory Commission [2][3][4] - The total number of shares to be issued will not exceed 88 million, accounting for no more than 30% of the company's total share capital prior to the issuance [4][5] - The funds raised will be allocated to projects such as the digital R&D and manufacturing capacity for precision-guided products, with a total investment of 107 million yuan [4][8] Group 2 - The company has faced financial challenges, reporting a net profit of 71.02 million yuan, 69.17 million yuan, a loss of 206.09 million yuan, and a profit of 1.21 million yuan over the past four reporting periods [6][7] - The company’s revenue from defense products is influenced by national policies, international security situations, and the specific procurement plans of military clients, which can lead to fluctuations in orders [5][6] - The company has a significant amount of accounts receivable, with values of 248.18 million yuan, 269.97 million yuan, 973.00 million yuan, and 784.86 million yuan at the end of each reporting period, indicating potential cash flow risks [7][8] Group 3 - The defense industry is characterized by high technical barriers and stringent qualification requirements for manufacturers, which can limit new entrants [24][25] - The company operates primarily in the defense and optoelectronic materials sectors, with its defense business focusing on the R&D, design, production, and sales of optical defense products [14][15] - The global market for optoelectronic devices is expected to grow, with the military optoelectronic equipment market projected to increase from 9.7 billion USD to 13 billion USD from 2020 to 2025, reflecting a compound annual growth rate of 6.03% [22][23]