本报记者 李雯珊 近日，《证券日报》记者走进光峰科技，探究"一束激光"如何跨越从实验室到市场的鸿沟，读懂其"以 光筑生态，外延创未来"的发展密码。 从实验室到市场的跨越 把时间的指针拨回到2007年，彼时激光显示领域的主流方案是RGB三色激光，虽色彩表现优异，但散 斑问题严重，如同透过毛玻璃看画面，极大影响观看体验；更关键的是，红激光温度过高、绿激光价格 昂贵，导致整套方案成本居高不下，难以实现产业化落地。 在这样的行业困境中，光峰科技团队选择了一条更为艰难的技术路径：用单一蓝激光搭配旋转的稀土荧 光轮，合成红、绿、蓝三原色。这一创新思路不仅成功破解了散斑难题，更将成本降至传统RGB方案 的十分之一，为激光显示技术的产业化奠定了坚实基础。 2013年，光峰科技与韩国LG合作推出全球首台100寸激光电视，正式开启市场化进程，让激光显示技术 首次走进大众视野。真正的转折点出现在2014年——光峰科技与中国电影集团公司合资成立中影光峰激 光影院技术（北京）有限公司，创新性地推出"金融+租赁"模式，彻底打开了专业影院市场，实现了技 术从实验室到市场的跨越。 "看这面普通的白墙，不用任何专用幕布，就能让四季在眼前流转。 ...

（文章来源：证券日报） 陈孟浩表示，光峰科技始终专注于激光技术生态的构建与拓展。光峰科技以影院激光光源起家，目前国 内超过60%的影院采用其激光光源解决方案，在专业显示领域拥有较高行业知名度。近年来，基于激光 技术核心生态的延伸，公司业务布局进一步拓展至AR光机及水下激光雷达等新兴方向，未来将持续探 索激光技术在更多场景的创新应用。 当前，AR（增强现实）与机器人等热点领域展现出强劲的发展势头。在此背景下，激光核心器件供应 商将如何把握广阔的市场机遇？ 近日，证券日报记者采访了光峰科技创新中心总经理陈孟浩，他围绕技术适配、场景拓展、产业链协同 等关键内容，分享了公司应对行业变革的战略思考与实践路径。 ...

Group 1 - A well-known entrepreneur's project is facing product stagnation and has hit a bottleneck in iteration and upgrades, relying heavily on personal charisma for previous funding rounds, which has now been exhausted [2] - A leading internet company decided to abandon investment after due diligence, emphasizing a data-driven approach rather than being swayed by the founder's narrative [2] - The eBike department of a major company is experiencing a crisis with significant employee turnover, leading to a lack of leadership and direction [3] Group 2 - Some financial advisors (FAs) are resorting to unconventional tactics to gather project information, including impersonating delivery personnel and engaging in late-night socializing with founders [4] - A prominent investment firm initiated over 40 lawsuits last year against companies that failed to meet performance targets outlined in agreements, indicating a shift towards recovering investments rather than pursuing new opportunities [5] - A water-based lidar supplier maintains a strict policy of charging for samples, believing that if potential clients hesitate to pay for a sample, the project's success rate is likely low [6] Group 3 - Two leading smart cleaning companies have reported over 1 million units of self-developed lidar sold, with one company forming a dedicated division for lidar technology [9] - A struggling lawnmower company missed a critical investment opportunity due to delays in product testing, highlighting the importance of timely execution in decision-making [10] - A tech company's founder has ambitious plans for AI development, aiming for a valuation of 100 billion, despite facing challenges with merchandise sales [8] Group 4 - A drone company has achieved impressive financial results, with revenues exceeding 700 million and a valuation reaching up to 30 billion, actively preparing for an IPO in the next couple of years [11]

Core Viewpoint - The article highlights the evolution and innovation of Guangfeng Technology in the laser display industry, showcasing its transition from a technology-focused company to a key player in various sectors, including cinema, AR, and automotive lighting, while emphasizing its commitment to R&D and strategic partnerships [3][4][6][8]. Group 1: Company Evolution - Guangfeng Technology has transformed from a laboratory-focused entity to a global leader in laser technology over 18 years, achieving significant breakthroughs with its ALPD technology that reduces costs and improves performance [3][4]. - The company initiated its market entry in 2013 with the launch of the world's first 100-inch laser TV in collaboration with LG, marking a pivotal moment in its commercialization journey [4]. - In 2014, Guangfeng established a joint venture with China Film Group, innovating a "finance + leasing" model that alleviated financial burdens for cinemas while generating stable cash flow for the company [5][6]. Group 2: Product Diversification - Beyond cinema, Guangfeng is expanding into AR, automotive, and underwater laser radar markets, focusing on core components rather than complete systems to avoid saturated markets [6][9]. - The company has developed an AR light engine that significantly reduces hardware costs and enhances battery life, making consumer-grade AR products more accessible [6][9]. - In the underwater laser radar sector, Guangfeng has improved detection range from 2.5 meters to 10 meters, targeting the large pool robot market in Europe and the U.S. [6][9]. Group 3: R&D and Innovation - Guangfeng boasts a highly skilled R&D team, with 35% of its workforce holding advanced degrees, and has filed over 3,000 patents, leading the global patent landscape in laser display technology [7][8]. - The company maintains a commitment to investing billions in R&D each quarter, aiming for significant growth in AR and underwater laser radar technologies by 2024 [7][8]. Group 4: Strategic Focus - Guangfeng has shifted its focus from consumer markets to B2B, positioning itself as a "light engine" supplier that empowers downstream industries rather than competing directly with established consumer brands [8][9]. - The company aims to set industry standards for its light engines, similar to Bose in the audio sector, establishing itself as a benchmark in the laser technology field [9]. Group 5: Financial Support and Ecosystem - The growth of Guangfeng Technology has been supported by a robust technology finance ecosystem, with banks providing tailored financial solutions to meet the needs of tech-driven enterprises [11][12]. - Guangfeng's collaboration with financial institutions emphasizes the importance of long-term funding for innovation, particularly in sectors with lengthy R&D cycles [12]. Group 6: Industry Insights - Experts highlight that Guangfeng's success exemplifies the need for aligning research with market demands, advocating for a model where technology development is driven by actual market needs [14][15]. - The concept of "new quality productivity" encompasses not only emerging industries but also the transformation of traditional sectors through innovative technologies [15].

Core Viewpoint - The article highlights the evolution and innovation of Light Peak Technology, showcasing its journey from laboratory breakthroughs to becoming a global leader in laser display technology and its strategic focus on B-end markets [3][7][12]. Group 1: Company Evolution - Light Peak Technology has transitioned from a focus on consumer markets to a strategic emphasis on B-end business, aiming to be the "light engine" behind various industries [7][9]. - The company has developed a unique ALPD technology that significantly reduces costs and improves performance compared to traditional RGB laser solutions, establishing a strong foundation for its industrialization journey [3][4]. - The partnership with China Film Group in 2014 marked a pivotal moment, introducing a "finance + leasing" model that alleviated financial pressures for cinemas while creating a stable cash flow for the company [4][5]. Group 2: Technological Innovations - The company has made significant advancements in AR optics and underwater laser radar, focusing on core components rather than complete systems, which allows for cost reduction and enhanced performance [5][6]. - Light Peak Technology has filed over 3,000 patents globally, with more than 1,000 granted, positioning itself as a leader in laser display technology patents [6][10]. - The introduction of the G1 AR optical engine has reduced the cost of consumer AR glasses to the range of 1,500 to 2,000 yuan, facilitating market penetration [5][6]. Group 3: Financial Support and Strategy - The company benefits from a robust technology finance ecosystem, with banks providing tailored financial solutions to support its growth and innovation [10][11]. - Light Peak's strategic focus on B-end markets has allowed it to avoid intense competition in consumer markets, enabling a clearer positioning and stronger partnerships with industry leaders [7][9]. - The company aims to set industry standards similar to Bose in the audio sector, establishing its optical engines as benchmarks in the industry [9][12]. Group 4: Industry Insights - The article emphasizes the importance of aligning research and development with market needs, showcasing Light Peak as a model for effective technology commercialization [12][13]. - The concept of "new quality productivity" is discussed, highlighting the potential for traditional industries to transform through the integration of new technologies [13][14]. - The need for a public technology service platform to assist small and micro enterprises in accessing advanced technologies is suggested, indicating a broader vision for industry collaboration [13][14].

Core Viewpoint - The rapid development of the robotics business is driving new growth opportunities for lidar technology, particularly in underwater scenarios, with significant innovations expected from Guangfeng Technology's upcoming underwater lidar product launch at the 26th China International Optoelectronic Exposition [1][4]. Industry Summary - The application of lidar in the robotics sector has seen explosive growth, with major manufacturers reporting substantial increases in product sales. For instance, SUTENG's latest financial report indicates that its robot product sales reached 34,400 units in Q2 2025, a year-on-year increase of 631.9% and a quarter-on-quarter increase of 189.1%. Similarly, Hesai Technology reported a delivery volume of 48,500 units in the robotics field, marking a year-on-year growth of 743.6% and projecting over 200,000 lidar shipments in 2025 [1][3]. Market Potential - The primary orders for lidar in the robotics field currently stem from lawn mowing robots, benefiting from the adaptation of automotive lidar technology. However, there is a notable growth in pool cleaning robots, with the global number of pools expected to rise from 28.88 million in 2021 to 36.92 million by 2026, reflecting a compound annual growth rate of approximately 5%. The demand for pool cleaning robots is projected to reach around 10.34 million units by 2026, with a penetration rate of 28% [3]. Technical Challenges - The underwater application of lidar faces several technical challenges, including significant attenuation of infrared lasers in water, with 905nm infrared light losing over 60% of its energy after traveling just 1 meter in clear water. Additionally, the effective measurement range is limited to under 5 meters due to the absorption and scattering of light in water, compounded by environmental light interference and water turbidity issues that complicate signal processing [3]. Company Innovation - Guangfeng Technology's upcoming underwater lidar product is highly anticipated to address these underwater perception challenges, providing more accurate and reliable sensing solutions for underwater robots like pool cleaning devices. This innovation is expected to unlock a billion-level incremental market space [4].