Core Viewpoint - The company forecasts a significant increase in net profit for the first half of 2025, driven by strong sales of high refractive index and functional products, as well as favorable product mix leading to higher average selling prices [1][2]. Group 1: Financial Performance - The company anticipates a year-on-year growth of no less than 30% in net profit attributable to shareholders for the first half of 2025, continuing a compound annual growth rate of over 30% since 2021 [1]. - The revenue growth forecast for 2025-2027 is adjusted to 19%, 18%, and 18%, respectively, with net profit growth rates of 29%, 22%, and 21% for the same period [2]. Group 2: Product and Market Strategy - The company is one of the few domestic producers capable of manufacturing 1.74 high refractive index lenses, benefiting from strong ties with upstream supplier Mitsui Chemicals, which provides significant technical and cost advantages [1]. - The C2M (Customer-to-Manufacturer) model enhances customer service and delivery efficiency, leading to increased average transaction value and overall gross margin, with customized lenses having significantly higher margins than standard lenses [1]. Group 3: XR Business Development - The XR business is poised for growth, with ongoing collaborations with leading global technology and consumer electronics companies, and the company is preparing for potential mass production of AR or AI glasses [1][2]. - The global smart glasses market saw a shipment of 1.487 million units in Q1 2025, a year-on-year increase of 82.3%, with the Chinese market experiencing a 116.1% growth [2]. Group 4: Global Expansion and Risk Mitigation - The company is actively pursuing global production capacity, with plans to establish automated production lines for high refractive index products and XR business in Thailand and Japan, enhancing supply chain resilience against trade tensions [2]. - The planned investment of approximately $4 million in Japan aims to increase production capacity by 20% for customized resin lenses, ensuring stable supply to the North American market [2].