特别提示 微信机制调整，点击顶部"仪器信息网" → 右上方"…" → 设为 ★ 星标，否则很可能无法看到我 们的推送。 近期，舜宇光学发布2025年业绩公告称公司2025年归母利润获得了100%以上的增长： 正面盈利預告 本 公 告 乃 由 舜 宇 光 學 科 技 （ 集 團 ） 有 限 公 司 （ 「 本 公 司 」 ， 連 同 其 附 屬 公 司 統 稱 為 「 本 集 團」）根據香港聯合交易所有限公司證券上市規則（「上市規則」）第1 3 . 0 9條及香 港法例第 5 7 1章證券及期貨條例第XIVA部項下內幕消息條文（定義見上市規則）而作出。 本公司董事（「董事」，各為一名「董事」）會（「 董事會」）謹此知會本公司股東（「股 東」）及本公司潛在投資者，根據本公司目前可獲得之資料及對本集團截至二零二五年十二月 三十一日止年度未經本公司核數師及╱或董事會下轄審核委員會審核或審閱之未經審核管理賬 目（「未經審核管理賬目」）之初步審閱及分析，本集團預期截至二零二五年十二月三十一日 止年度錄得本公司股東應佔溢利約人民幣4 , 5 8 8 , 6 0 0 , 0 0 0元至人民幣4 , 7 2 3 , 5 0 0 ...

Core Viewpoint - Sunny Optical Technology (02382) expects a significant increase in profit for the fiscal year ending December 31, 2025, projecting a profit attributable to shareholders of approximately RMB 4.5886 billion to RMB 4.7235 billion, representing an increase of about 70.0% to 75.0% compared to the previous fiscal year [1] Group 1 - The expected profit increase is primarily attributed to the high-end specifications of smartphone cameras, which have driven improvements in the company's product mix, leading to higher average selling prices and gross margins for mobile lenses and camera modules [1] - The company also anticipates investment income of approximately RMB 919 million from the transfer of all equity interests in certain subsidiaries in exchange for shares in GoerTek Optical Technology Co., Ltd [1]

消息面上，1月29日，舜宇光学发布公告，本集团预期截至2025年12月31日止年度取得本公司股东应占 溢利约人民币45.886亿元至人民币47.235亿元，较截至2024年12月31日止年度的约人民币26.992亿元增 加约70.0%至75.0%。 董事会认为有关预期增加主要归因于以下：受益于智能手机摄像头规格高端化的推动并凭借前沿的技术 布局和领先的产品迭代，本集团产品组合改善，使得本集团手机镜头和手机摄像模组的平均售价增加和 毛利率提升；及本集团转让若干附属公司全部股权以换取歌尔光学科技有限公司股权产生投资收益约人 民币9.19亿元。 智通财经APP获悉，舜宇光学(02382)盈喜后涨超4%，截至发稿，涨2.23%，报64.35港元，成交额5.04亿 港元。 ...

Market Overview - Hong Kong stocks continued to lead, closing up 0.51% with a trading volume of 332 billion [1] - The FOMC meeting minutes indicated that the federal funds rate target range remains at 3.5% to 3.75%, with a voting result of 10 to 2 against a rate cut [1] - Oil prices are rising due to ongoing tensions in Iran, with WTI crude touching $65 per barrel, up 2.83%, marking a new high since September 2025 [1] Gold Market - International gold prices reached a historical high, with London gold nearing $5,600, leading to a rise in domestic gold jewelry prices to around 1,700 yuan per gram [2] - Despite the price increase, gold retail stocks did not see a corresponding rise, with concerns about potential profit-taking if prices decline [2] Commodities and Metals - Copper prices on the London Metal Exchange approached $14,000 per ton, a historical high, benefiting companies like Jiangxi Copper, which rose over 6% [3] - Nickel resources are rebounding, with Zhongwei New Materials securing significant nickel ore supply and establishing a nickel raw material industrial base in Indonesia [3] Real Estate Sector - The Chinese government is encouraging local policies to digest existing real estate stock, leading to a surge in real estate stocks, with companies like Agile Group rising nearly 41% [4] - Real estate brokerage firms also saw gains, with Beike rising over 7% [4] Consumer Goods - The liquor market is experiencing price increases, with Moutai's original box price rising to 1,610 yuan per bottle [4] - There are rumors of Kweichow Moutai participating in SpaceX's Series A financing, which the company denied, yet it contributed to a surge in liquor stocks [5] Financial Performance - Dongfang Zhenxuan reported a 5.7% increase in total revenue to 2.3 billion yuan and a net profit of 239 million yuan, up 14.5% [6] - Nine Dragons Paper expects a profit of 2.15 billion to 2.25 billion yuan for the six months ending December 31, 2025, a significant increase from 680 million yuan the previous year [6] Automotive Sector - The State Council released a plan to accelerate the development of service consumption in the automotive sector, which is expected to benefit automotive dealers like Meidong Automotive and Zhongsheng Holdings [7] Individual Stock Highlights - Sunny Optical Technology expects a net profit of approximately 4.589 billion to 4.723 billion yuan for 2025, representing a year-on-year growth of 70% to 75% [8] - The growth is attributed to high-end smartphone camera specifications and improved product mix, despite a recent decline in stock price due to fluctuations in smartphone demand [8]

每日经济新闻 每经AI快讯，1月29日，舜宇光学科技在港交所公告，集团预计2025年归母净利润约人民币45.89亿元至 人民币47.23亿元，同比增长70.0%至75.0%。主要归因于：智能手机摄像头规格高端化的推动，集团产 品组合改善，手机镜头和手机摄像模组的平均售价增加和毛利率提升；以及转让附属公司股权产生投资 收益约人民币9.19亿元。 ...

董事会认为有关预期增加主要归因于以下：受益于智能手机摄像头规格高端化的推动并凭藉前沿的技术 佈局和领先的产品迭代，本集团产品组合改善，使得本集团手机镜头和手机摄像模组的平均售价增加和 毛利率提升;及本集团转让若干附属公司全部股权以换取歌尔光学科技有限公司股权产生投资收益约人 民币9.19亿元。 舜宇光学科技(02382)发布公告，本集团预期截至2025年12月31日止年度取得本公司股东应占溢利约人 民币45.886亿元至人民币47.235亿元，较截至2024年12月31日止年度的约人民币26.992亿元增加约70.0% 至75.0%。 ...

格隆汇1月29日丨舜宇光学科技(02382.HK)公布盈喜，集团预期截至2025年12月31日止年度录得公司股 东应占溢利约人民币45.886亿元至人民币47.235亿元，较2024年度约人民币26.992亿元增加约70.0%至 75.0%。 董事会认为有关预期增加主要归因于以下：(i)受益于智能手机摄像头规格高端化的推动并凭藉前沿的技 术布局和领先的产品迭代，集团产品组合改善，使得集团手机镜头和手机摄像模组的平均售价增加和毛 利率提升；及(ii)集团转让若干附属公司全部股权以换取歌尔光学科技有限公司股权产生投资收益约人 民币9.19亿元。 ...

Market Overview - The regulatory signals have led to market adjustments, with A-shares experiencing significant declines, while Hong Kong stocks saw a minor drop of 0.28% [1] - Ctrip (09961) faced a sharp decline of over 19% due to regulatory scrutiny [1] - The geopolitical situation in Iran is escalating, prompting the U.S. to reposition military assets and leading to increased tensions in the region [1] Gold Market - Domestic gold jewelry prices have risen, surpassing 1435 CNY per gram, with some brands reaching 1439 CNY [2] - Sixi Group (00590) has successfully leveraged marketing strategies, including collaborations with popular IPs, resulting in a sales increase and a stock price rise of over 6% [2] - The People's Bank of China announced a 0.25 percentage point reduction in relending and rediscount rates, signaling a potential easing of monetary policy [2] Real Estate Sector - Hong Kong's real estate market is showing strong activity, with a record high of 80,702 property sale agreements registered in 2025 [3] - New World Development (00017) saw a nearly 10% increase in stock price due to acquisition rumors and positive valuation adjustments [3] - Vanke (02202) is proposing differentiated options for bondholders, which has positively impacted its stock price, rising nearly 7% [3] Foreign Investment and Industry Trends - Foreign investors remain optimistic about the Chinese stock market, citing low valuations and supportive policies as reasons for increased capital inflow [4] - The lithium battery sector is experiencing a surge in demand due to export incentives, with companies like Ganfeng Lithium (002460) and Tianqi Lithium (002466) seeing stock increases of over 6% [4] - Hydrogen fuel technology is gaining traction, with Yihua Tong (02402) reporting successful international deliveries of fuel cell products [4] Semiconductor Industry - TSMC reported a 35% increase in Q4 profits, exceeding expectations, and plans significant capital expenditures for 2025 and 2026 [5] - Semiconductor companies like Huahong Semiconductor (01347) and SMIC (00981) are benefiting from TSMC's positive outlook, with stock increases of over 6% and nearly 2% respectively [5] Autonomous Driving and Technology - Shanghai's government has launched a plan to scale up high-level autonomous driving applications by 2027, positively impacting companies like Zhejiang Shibao (002703) [6] - Apple is expected to introduce new products, including the iPhone 17E and AI glasses, which may drive growth in the supply chain [6] - Companies like Sunny Optical Technology (02382) are benefiting from advancements in optical technology for smartphones and autonomous vehicles [8][9] Supply Chain Developments - There is a reported shortage of high-end glass fiber cloth, prompting major tech companies to seek new suppliers, benefiting companies like Kingboard Laminates (01888) [7] - Kingboard Group (00148) is also expected to gain from the increased demand for glass fiber products [7]

Market Performance - The Hong Kong stock market opened high and maintained an upward trend, with the Hang Seng Index rising by 0.86% to 26,456.75 points, the Hang Seng Tech Index increasing by 2.08% to 5,805.57 points, and the National Enterprises Index up by 1.08% to 9,146.61 points [1] - Major technology stocks saw significant gains, with Alibaba up by 5.32%, Tencent Holdings up by 2.29%, JD Group up by 2.09%, and Meituan up by 7.31% [1] - AI application concept stocks surged, with leading models like Zhipu and MiniMax showing strong performance [1] Company News - China Jinmao (00817.HK) reported a cumulative contracted sales amount of 113.5 billion yuan for 2025, a year-on-year increase of 15.52% [2] - R&F Properties (02777.HK) announced total sales revenue of approximately 14.21 billion yuan for 2025, reflecting a year-on-year increase of 26.54% [3] - Zhongliang Holdings (02772.HK) reported a cumulative contracted sales amount of approximately 12.07 billion yuan for 2025, a year-on-year decrease of 32.68% [4] - Greenland Hong Kong (00337.HK) reported contracted sales of approximately 7.214 billion yuan for 2025, a year-on-year decrease of 21.66% [5] - Longyuan Power (00916.HK) achieved a cumulative power generation of 76.4694 million MWh for 2025, a year-on-year increase of 1.22% [6] - Dekang Agriculture (02419.HK) sold 1.1097 million pigs in December, generating revenue of 1.664 billion yuan [7] - Hengding Industrial (01393.HK) reported a raw coal output of 5.415 million tons for 2025, a year-on-year increase of 31% [8] - Chengjian Design (01599.HK) secured important project bids totaling approximately 1.908 billion yuan in the fourth quarter [9] Institutional Insights - CITIC Securities suggests that the Hong Kong stock market may experience a second round of valuation recovery and performance revival in 2026, driven by internal and external economic factors, recommending focus on technology, healthcare, resources, consumer staples, paper, and aviation sectors [14] - Huaxi Securities notes that the Hong Kong market continues to lag behind A-shares, with a recovery in market sentiment expected to take time, and highlights the influence of major financial, non-ferrous, and internet sectors on market trends [15] - Huatai Securities indicates that after a month of pessimistic consolidation, the Hong Kong market sentiment index has entered a panic zone, historically leading to increased probabilities of price rises in the following month [15] - Dongwu Securities emphasizes the importance of maintaining dividends as a base and capitalizing on the technology growth trend in the first half of the year, while monitoring the impact of overseas interest rate changes on the Hong Kong technology sector [15]

Core Viewpoint - Sunny Optical Technology (02382) reported a decline in mobile lens shipments for December 2025, indicating potential challenges in the mobile camera module market [1] Mobile Lens Shipments - The mobile lens shipment volume is projected to be 95.592 million units, representing a 20% decrease quarter-over-quarter and an 8.9% decrease year-over-year [1] Automotive Lens Shipments - The automotive lens shipment volume is expected to reach 7.477 million units, showing a significant quarter-over-quarter decline of 40.8%, but a year-over-year increase of 17.7% [1] Camera Module Shipments - The shipment volume for mobile camera modules is anticipated to be 37.744 million units, reflecting a 9% decrease quarter-over-quarter and a 29.3% decrease year-over-year [1]