分红方面，埃科光电A股上市后累计派现1334.45万元。 责任编辑：小浪快报 资料显示，合肥埃科光电科技股份有限公司位于安徽省合肥市高新区望江西路中安创谷科技园二期J2栋 3F，成立日期2011年3月24日，上市日期2023年7月19日，公司主营业务涉及工业机器视觉成像部件产 品设计、研发、生产和销售的国家高新技术企业,是我国机器视觉领域自主研发创新国产品牌的先锋企 业。主营业务收入构成为：工业相机72.03%，其中:工业线扫描相机46.70%，其中:工业面扫描相机 25.33%，图像采集卡17.83%，其他(补充)6.34%，智能光学单元3.80%。 截至6月30日，埃科光电股东户数5803.00，较上期减少3.49%；人均流通股6936股，较上期增加3.62%。 2025年1月-6月，埃科光电实现营业收入2.07亿元，同比增长64.39%；归母净利润3603.58万元，同比增 长127.40%。 9月23日，埃科光电跌3.21%，成交额1.52亿元。两融数据显示，当日埃科光电获融资买入额2134.59万 元，融资偿还1762.62万元，融资净买入371.98万元。截至9月23日，埃科光电融资融券余额合计1 ...

Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2025, with revenue reaching 210 million yuan, up 64.4% year-on-year, and net profit attributable to shareholders at 40 million yuan, up 127.4% year-on-year [1] - The company benefited from rapid growth in downstream sectors such as PCB, lithium batteries, and semiconductors, with notable year-on-year increases in various segments [1] - The company is optimizing its product matrix and has launched advanced optical sensing products, achieving significant sales in key applications [3] Financial Performance - In H1 2025, the company's gross margin was 41.2%, a slight decrease of 0.1 percentage points year-on-year, while the net profit margin increased by 4.8 percentage points to 17.4% [2] - For Q2 2025, the gross margin was 41.9%, with a year-on-year decrease of 1.4 percentage points, but an increase of 2.1 percentage points quarter-on-quarter; the net profit margin reached 20.7%, up 10.1 percentage points year-on-year [2] Product Development - The company is expanding its product offerings in industrial cameras and optical intelligent sensing, with new products achieving international advanced levels [3] - The intelligent focusing system has been successfully applied in critical areas such as semiconductor wafer inspection and has generated significant sales [3] Investment Outlook - Revenue projections for 2025-2027 are 460 million, 690 million, and 940 million yuan, representing year-on-year growth rates of 83%, 52%, and 36% respectively; net profit projections for the same period are 100 million, 150 million, and 200 million yuan, with substantial growth rates [4] - The company is expected to have an EPS of 1.40, 2.16, and 2.98 yuan for 2025-2027, with corresponding PE ratios of 51, 33, and 24 based on the stock price as of August 29, 2025 [4]

Core Insights - The stock price of Aiko Optoelectronics increased by 5.66% on August 21, reaching 58.22 CNY per share, with a trading volume of 12.54 million CNY and a turnover rate of 0.54%, resulting in a total market capitalization of 3.959 billion CNY [1] Company Overview - Aiko Optoelectronics is located in the High-tech Zone of Hefei and specializes in the research, development, production, and sales of high-end industrial imaging components [1] - The company's main products include industrial line scan cameras, industrial area scan cameras, and image acquisition cards, which are widely used in industries such as PCB, new displays, 3C, lithium batteries, photovoltaics, semiconductors, and packaging printing [1] - Aiko Optoelectronics has a strong R&D team and emphasizes independent innovation, having received honors such as "Specialized and Innovative" small giant and National Intellectual Property Advantage Enterprise [1] - The company has established several research platforms, including a national postdoctoral research workstation and a key laboratory for precision visual perception [1] Financial Performance - As of March 31, Aiko Optoelectronics had 6,013 shareholders, with an average of 6,694 circulating shares per person [2] - For the first quarter of 2025, the company achieved operating revenue of 74.8487 million CNY, representing a year-on-year growth of 19.02%, while the net profit attributable to shareholders decreased by 5.94% to 8.6234 million CNY [2]

Group 1: AI-Driven PCB Industry Expansion - The PCB industry is experiencing significant growth opportunities driven by the global AI wave, leading to substantial capital expenditure increases for related companies [3] - Demand for high-end products such as HDI, IC substrates, and high-frequency boards is accelerating due to the needs of AI servers, 5G communication, and electric vehicles [3] - Key players like Chipbond Technology are focusing on high-end and international strategies, with PCB equipment sales expected to exceed 370 units in 2024, a 35% year-on-year increase [3] Group 2: Eco-Optics and Industrial Vision - Eco-Optics is a leader in the domestic industrial machine vision sector, providing high-efficiency and high-precision inspection solutions for PCB manufacturing [4] - The company’s products meet international standards in resolution, image modes, acquisition speed, and noise control, serving major domestic PCB inspection equipment manufacturers [4] - The electronic manufacturing sector is expected to see a significant increase in shipment volume in 2024, with higher gross margins compared to other business segments [4] Group 3: Tesla's Financial Performance and Future Outlook - Tesla reported Q2 2025 revenue of $22.496 billion, a 12% year-on-year decline, with a gross profit of $3.878 billion, down 15% [5][6] - The automotive segment saw a significant revenue drop of 16% to $16.661 billion, attributed to decreased sales, reduced carbon credit income, and increased competition [6] - The Robotaxi pilot program has begun, with expectations for significant financial impact by the end of 2026, while the launch of the Optimus 3 model is anticipated by the end of 2025 [7][8] Group 4: Revenue and Profit Forecasts for Tesla - Revenue projections for Tesla from 2025 to 2027 are $86.218 billion, $92.307 billion, and $96.104 billion, reflecting year-on-year changes of -11.7%, +7.1%, and +4.1% respectively [8] - Net profit forecasts for the same period are $4.883 billion, $6.205 billion, and $7.238 billion, with corresponding PS valuations of 12.2, 11.4, and 10.9 times [8] - The report suggests monitoring Tesla's future Robotaxi developments and the rollout of affordable models, with an initial coverage rating of "overweight" [8]

Group 1 - The company will hold its 2024 Annual General Meeting on May 23, 2025, at 14:30, in Hefei [6] - The meeting will include a combination of on-site and online voting methods [4][6] - Shareholders must register and provide necessary documentation to attend the meeting [2][3] Group 2 - The company achieved a total revenue of 248.26 million yuan in 2024, representing a year-on-year increase of 5.38% [9] - The main business revenue was 229.88 million yuan, with a growth of 3.55% compared to the previous year [9] - The net profit for the year was 15.72 million yuan, remaining stable compared to the previous year [9] Group 3 - The company’s gross profit margin for its main business was 41.00%, an increase of 2.24 percentage points from the previous year [10] - The operating cash flow turned positive, reaching 31.75 million yuan, compared to a negative cash flow of 46.08 million yuan in the previous year [10] - The company’s total assets decreased by 3.87% to 1.53 billion yuan at the end of the reporting period [9] Group 4 - The company has focused on high-value product innovation and has launched new product lines, including intelligent optical units [9][11] - The company has expanded its product offerings significantly, adding over 100 new product models during the reporting period [10][11] - The company is actively involved in various emerging industries, including semiconductors and biomedicine, although revenue contributions from these sectors are still in the early stages [9][11] Group 5 - The company has implemented a share buyback program, repurchasing 1,435,094 shares, which is 2.11% of its total share capital, amounting to 49.92 million yuan [14][34] - The company plans to continue investing in research and development, with a focus on advanced imaging technologies and intelligent optical systems [20][21] - The company aims to enhance its marketing capabilities and expand its presence in various industries, including semiconductors and biomedicine [21][22]

Core Viewpoint - The company, Aiko Optoelectronics, is a leading provider of core components for industrial machine vision, focusing on high-end manufacturing equipment and aiming to drive innovation in China's smart manufacturing sector through its advanced products and solutions [5][26]. Company Overview - Aiko Optoelectronics specializes in industrial machine vision imaging components and has established itself as a pioneer in domestic substitution within the industry [5]. - The company offers a wide range of products, including industrial cameras, image acquisition cards, and intelligent optical units, with over 260 product models [5][10]. Business Model - The company's revenue model is primarily based on selling high-quality machine vision core hardware and software products, including industrial cameras and image acquisition cards [21]. - Aiko has developed a comprehensive procurement management system to ensure efficiency and quality in sourcing materials [22]. Industry Situation - The domestic machine vision industry is experiencing robust growth, with sales increasing from 24.04 billion yuan in 2021 to 31.15 billion yuan in 2023, reflecting a compound annual growth rate of 13.8% [26]. - The industry is expected to reach a market size of 56.57 billion yuan by 2027, driven by advancements in automation and smart manufacturing [26]. Product Applications - Aiko's products are widely used in various sectors, including electronics manufacturing, new displays, and renewable energy, with significant applications in PCB inspection and lithium battery production [14][16]. - The company has successfully replaced international competitors in the lithium battery sector, demonstrating the effectiveness of its products in enhancing safety and performance [16][17]. Technological Advancements - The company is leveraging new technologies such as AI and 3D vision to enhance its product offerings and meet the growing demands of smart manufacturing [34][35]. - Aiko is also focusing on multi-spectral imaging technology to provide more comprehensive analysis capabilities across various applications [35]. Future Development Trends - The machine vision industry is expected to continue expanding due to increasing automation demands across sectors such as automotive, logistics, and healthcare [40][41][42]. - Aiko aims to further enhance its product matrix and explore new industry standards, positioning itself as a leader in the domestic market [34].

股票简称：埃科光电 股票代码：688610 合肥埃科光电科技股份有限公司 Hefei I-TEK Opto Electronics Co.,Ltd. （合肥市高新区望江西路中安创谷科技园二期 J2 栋 3F） 首次公开发行股票科创板上市公告书 保荐人（主承销商） （深圳市福田区福华一路 111 号） 二〇二三年七月十八日 合肥埃科光电科技股份有限公司 上市公告书 特别提示 合肥埃科光电科技股份有限公司（以下简称"埃科光电"、"本公司"、"发行 人"或"公司"）股票将于 2023 年 7 月 19 日在上海证券交易所科创板上市。本 公司提醒投资者应充分了解股票市场风险以及本公司披露的风险因素，在新股上 市初期切忌盲目跟风"炒新"，应当审慎决策、理性投资。 1 合肥埃科光电科技股份有限公司 上市公告书 第一节 重要声明与提示 一、重要声明 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、误导性陈述或者重大遗漏，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 ...

科创板投资风险提示 本次发行股票拟在科创板上市，科创板公司具有研发投入大、经营风险高、业绩不 稳定、退市风险高等特点，投资者面临较大的市场风险。投资者应充分了解科创板的投 资风险及本公司所披露的风险因素，审慎作出投资决定。 合肥埃科光电科技股份有限公司 Hefei I-TEK OptoElectronics Co., Ltd. （合肥市高新区望江西路中安创谷科技园二期 J2 栋 3F） 首次公开发行股票并在科创板上市 招股说明书 （深圳市福田区福田街道福华一路 111 号） ZHAOGakaup 保荐人（主承销商） 合肥埃科光电科技股份有限公司 招股说明书 本次发行概况 | 发行股票类型 | 股） 人民币普通股（A | | | | --- | --- | --- | --- | | 发行股数 | 股 1,700.00 | | 本次公开发行股票采用公开发行新股的方式，公开发行新 万股，占本次公开发行后总股本的比例为 25%。 | | 每股面值 | 人民币 1.00 | | 元 | | 每股发行价格 | 73.33 元/股 | | | | 发行日期 | 2023 年 月 日 | 7 | 6 | | 拟上市证券交易 ...

科创板投资风险提示 本次发行股票拟在科创板上市，科创板公司具有研发投入大、经营风险高、业绩不 稳定、退市风险高等特点，投资者面临较大的市场风险。投资者应充分了解科创板的投 资风险及本公司所披露的风险因素，审慎作出投资决定。 合肥埃科光电科技股份有限公司 Hefei I-TEK OptoElectronics Co., Ltd. （合肥市高新区望江西路中安创谷科技园二期 J2 栋 3F） 首次公开发行股票并在科创板上市 招股意向书 保荐人（主承销商） （深圳市福田区福田街道福华一路 111 号） ZHAOGakaup 合肥埃科光电科技股份有限公司 招股意向书 | 本次发行概况 | | --- | | 发行股票类型 | 人民币普通股（A 股） | | | | | --- | --- | --- | --- | --- | | 发行股数 | 股 1,700.00 | | | 本次公开发行股票采用公开发行新股的方式，公开发行新 万股，占本次公开发行后总股本的比例为 25%。 | | 每股面值 | 人民币 1.00 元 | | | | | 每股发行价格 | 【】元/股 | | | | | 预计发行日期 | 2023 年 ...

本次发行股票拟在科创板上市，科创板公司具有研发投入大、经营风险高、业绩不 稳定、退市风险高等特点，投资者面临较大的市场风险。投资者应充分了解科创板的投 资风险及本公司所披露的风险因素，审慎作出投资决定。 合肥埃科光电科技股份有限公司 Hefei I-TEK OptoElectronics Co., Ltd. （合肥市高新区望江西路中安创谷科技园二期 J2 栋 3F） 首次公开发行股票并在科创板上市 招股说明书（注册稿） 本公司的发行申请尚需经上海证券交易所和中国证监会履行相应程序。本招股说明 书不具有据以发行股票的法律效力，仅供预先披露之用。投资者应当以正式公告的招股 说明书作为投资决定的依据。 保荐人（主承销商） （深圳市福田区福田街道福华一路 111 号） ZHAOGakaup 科创板投资风险提示 合肥埃科光电科技股份有限公司首次公开发行股票并在科创板上市申请文件 招股说明书（注册稿） | 发行股票类型 | 人民币普通股（A 股） | | --- | --- | | 发行股数 | 本次公开发行股票采用公开发行新股的方式，公开发行新 股不超过 1,700.00 万股（不考虑超额配售选择权），占本 | | | ...