上证报中国证券网讯 8月27日晚，沃格光电发布的2025年半年报显示，报告期内，公司实现营收118998.68万元，同比增长14.20%；研发投入8852.48万元，与上年同期相比增长63.13%。 报告期内，公司产品和技术开发应用模块主要包括三大块：第一是以公司及子公司为经营主体的传统业务，包括显示面板相关玻璃精加工和显示器件产品业务；第二是以江西德虹显示为经营主体 公司是全球最早实现玻璃基产业化投入的企业，目前建有两座工厂，其中江西德虹玻璃基生产线主要用于新型显示，湖北天门通格微玻璃基生产线主要用于泛半导体行业多层精密线路的产品应用 报告期内，公司光电玻璃精加工业务实现销售收入3.53亿元，与上年同期相比增长30.11%；光电显示器件产品实现销售收入6.17亿元，与上年同期相比增长10.40%。 报告期内，公司全资子公司江西德虹生产的玻璃基线路板和灯板产品在MNT显示器产品已实现批量生产和商用，并持续导入多个拟量产项目，标志着Mini LED玻璃基精准光源技术开始进入产业 报告期内，湖北通格微实现营收793.55万元，较上年同期增长225.54%。随着在手项目逐步量产导入和GCP全玻璃基封装解决方案的技术 ...

Core Viewpoint - Woge Optoelectronics expects a revenue increase of 10.36% to 26.68% year-on-year for the first half of 2025, despite forecasting a net loss due to increased R&D expenses [1][2] Group 1: Financial Performance - The company anticipates revenue between 1.15 billion to 1.32 billion yuan for the first half of 2025 [1] - The projected net loss attributable to shareholders is between 65 million to 45 million yuan, with a non-recurring net loss estimated between 75 million to 53 million yuan [1] Group 2: Business Development - Woge Optoelectronics reports steady growth in its main business, particularly in the glass-based circuit board sector, achieving significant breakthroughs [1] - The company’s subsidiary, Jiangxi Dehong Display Technology Co., has successfully mass-produced glass-based circuit boards for 2304-zone Mini LED backlight displays [1] - Another subsidiary, Hubei Tongge Microcircuit Technology Co., has generated approximately 8 million yuan in revenue from glass-based TGV circuit board products during the reporting period [1] Group 3: R&D and Future Outlook - The losses are primarily attributed to increased R&D investments and rising management costs [1] - The company is focusing on the application verification of glass-based circuit boards in emerging fields such as Mini/Micro LED displays, 5G-A/6G communications, optical modules, and advanced semiconductor packaging [1] - Woge Optoelectronics is collaborating with leading domestic and international companies to position itself for next-generation product applications [2] - The company aims to capitalize on trends in display technology towards high-definition, large-size, and ultra-thin formats, as well as the rapid development of high-frequency communication and AI computing [2]