Group 1 - The core viewpoint of the article is that Jiuziyang (300516) has clarified its product applications, stating that its optical lenses and components are primarily used for optoelectronic systems and optical star trackers, which are widely applied in various navigation platforms [1] - As of now, the company's optical lenses, optical components, and optical star tracker products have not been applied in AI glasses or consumer electronics [1]

Group 1 - The company has confirmed that its optical lenses and optical components are primarily designed for optoelectronic systems, while the optical star trackers are widely used in various navigation platforms [2] - As of now, the company's optical lenses, optical components, and optical star trackers have not been applied in the fields of AI glasses and consumer electronics [2]

Core Viewpoint - The performance briefing held by China Shipbuilding Group focused on the operational results and future plans of its listed companies, particularly highlighting the challenges and strategic responses of Jiuzhiyang, a subsidiary, in the current market environment [1] Group 1: Company Performance - In 2024, Jiuzhiyang reported a revenue of 534 million yuan, a year-on-year decrease of 30.58%, and a net profit attributable to shareholders of 30.98 million yuan, down 62.65% compared to the previous year [2] - Despite the decline in overall performance, Jiuzhiyang maintained a strong core competitiveness, with military product sales and production increasing by over 50% year-on-year [2] - The company achieved a significant breakthrough in its application and foreign trade sectors, with new contract amounts rising by 135.23% year-on-year [2] - Jiuzhiyang has consistently distributed cash dividends, with 40% of the net profit for 2024 allocated for dividends, totaling over 200 million yuan since its listing [2] Group 2: Future Development Plans - The company plans to enhance its market expansion capabilities in the civilian sector, as evidenced by the significant increase in new contracts [3] - Future strategies will focus on integrating innovation chains with industrial chains, emphasizing a structured approach to product and technology planning [3] - Jiuzhiyang aims to strengthen its presence in both domestic and international markets, exploring collaborative models for providing system solutions and technical services [3]