Core Viewpoint - Dongguan Qunshang Optoelectronics Co., Ltd. held an online performance briefing on September 19, 2025, where the management discussed the company's operational status and business layout, revealing a revenue of 263 million yuan for the first half of the year, representing an 18.8% year-on-year increase [1][2]. Group 1: Financial Performance - The company achieved a revenue of 263 million yuan in the first half of 2025, marking an 18.8% increase compared to the same period last year [1]. - The company plans to continue expanding both domestic and international markets in the second half of the year and accelerate project construction progress [1]. Group 2: Business Strategy - The company is focusing on opportunities presented by the "new infrastructure" policy, leveraging its smart pole technology to launch integrated solutions that include smart poles, smart boxes, RSU roadside units, MEC edge computing devices, and holographic digital intersection platforms [2]. - Management expressed confidence in future development and is actively working to improve the company's fundamentals and enhance core competitiveness [2]. Group 3: Shareholder and Market Concerns - The company has not triggered any delisting risk warnings according to Shenzhen Stock Exchange regulations [3]. - In response to concerns about cash flow management, the company explained that it engages in entrusted financial management to improve fund utilization efficiency while ensuring normal business operations [3]. - The company has repurchased a total of 16,498,650 shares, accounting for 1.15% of the current total share capital, and will arrange further repurchases as per regulations [3].

Group 1: Company Performance - The company achieved a revenue of 18.8 billion yuan in the first half of the year, representing a year-on-year increase of 2.63% [1] - The company has experienced three consecutive years of losses and is focusing on improving profitability through enhanced management and market expansion [1][2] - As of September 19, the company has not triggered any delisting risk warnings according to Shenzhen Stock Exchange regulations [2] Group 2: Market Strategy and Product Development - The company is actively developing integrated solutions in the "vehicle-road-cloud" sector, leveraging its smart pole technology [1] - Management is confident in the company's future and is taking multiple actions to strengthen core competitiveness and improve operational performance [2] - The company has repurchased 16,498,650 shares, accounting for 1.15% of the total share capital, to enhance shareholder value [3] Group 3: Investor Relations and Communication - Investors are encouraged to refer to the company's periodic reports for detailed performance updates [2] - The company maintains that its cash flow is sufficient to support operations while also engaging in low-interest financial investments to enhance fund efficiency [3] - The company assures that there are no undisclosed significant issues affecting its operations [2]