PART02 02 Smartphone / IoT / Automotive Business Segments Outlook 2025 Annual Results Investor Presentation 16 March 2026 Disclaimer The presentation is prepared by "Q Technology (Group) Company Limited" (the "Company") and is solely for the purpose of corporate communication and general reference only. The presentation is not intended as an offer to sell, or to solicit an offer to buy or to form any basis of investment decision for any class of securities of the Company in any jurisdiction. All such inform ...

Core Viewpoint - Innovative Eyewear, Inc. is set to announce its Q4 and full-year 2025 earnings on March 31, 2026, highlighting its operational and financial results for the fiscal year ending December 31, 2025 [1]. Group 1: Earnings Call Details - The earnings conference call will take place on March 31, 2026, at 12:00 PM ET [1]. - Participants can join the call via U.S. domestic dial-in number 1-800-717-1738 or international number 1-646-307-1865 [1]. - A replay of the earnings call will be available three hours after the conclusion of the call, accessible until April 14, 2026, at 11:59 PM ET [1]. Group 2: Company Overview - Innovative Eyewear, Inc. develops and manufactures smart eyewear under various brands including Lucyd®, Lucyd Armor®, Reebok®, Nautica®, and Eddie Bauer® [1]. - The company focuses on Bluetooth audio glasses that allow users to stay connected to their digital lives while offering a variety of frame and lens combinations for different markets [1].

Group 1: Central Banking and Economic Indicators - The Federal Reserve paused interest rate cuts after three consecutive meetings, with Chair Jay Powell providing insights during a press conference [2] - The S&P 500 index surpassed the 7,000 mark for the first time, indicating strong market performance [3] - Gold prices experienced a historic one-day increase of $220 per ounce, reaching a record high above $5,400, suggesting a bullish trend for precious metals [3] Group 2: Market Trends and Projections - Analysts project that gold could reach $7,000 by the end of President Trump's second term, driven by factors such as rising debt and concerns over Fed credibility [4] - The S&P 500 is expected to see earnings growth of nearly 15% in 2026, with a target of 7,900 by the end of that year, reflecting sustained investor optimism [5] - Robust inflows into equity ETFs and a bullish put-call ratio indicate a positive outlook for the equity markets despite geopolitical uncertainties [5] Group 3: Company Developments - Amazon plans to cut 16,000 corporate jobs as part of a streamlining effort [7] - Snap is establishing a separate unit for its smart eyewear division, indicating a strategic focus on this product line [6] - AT&T aims to expand its fiber network to reach 40 million locations by the end of 2026, highlighting its growth strategy in telecommunications [6]

Core Insights - EssilorLuxottica is collaborating with Fondazione Chips-IT to enhance its leadership in smart eyewear through advanced chip development [2][3] - The partnership aims to leverage open-source hardware to accelerate research and development in ultra-low-power electronics and wearable computing [3][4] Company Overview - EssilorLuxottica has invested significantly in platforms and technologies to create foundational components for smart eyewear, focusing on seamless user experiences [4] - The company is committed to reimagining the electronics in smart eyewear to meet industry-specific needs [4] Industry Context - Fondazione Chips-IT is a key player in the Italian semiconductor ecosystem, focusing on integrated circuit design and fostering collaborations to enhance global competitiveness [5] - The foundation's mission includes optimizing electronic design automation workflows and exploring next-generation chip architectures [5]

Market Overview - The stock market remained largely unchanged as investors awaited the Federal Reserve's monetary policy decision [2] - Major market benchmarks showed mixed results, with the Nasdaq Composite up by 0.13%, S&P 500 down by 0.09%, and Dow Jones Industrial Average down by 0.38% [2][3] Top Stock Gainers - Warby Parker (WRBY) saw a significant gain of 9.22%, attributed to its partnership with Alphabet to develop AI-powered smart eyewear expected to launch in 2026 [5][6] - Pan American Silver (PAAS) rose by 11.16%, benefiting from a surge in silver prices, which closed above $60 per ounce for the first time, and its successful acquisition strategy [7][8] Top Stock Losers - Dyne Therapeutics (DYN) fell by 17% after announcing a $300 million secondary stock offering, raising concerns about shareholder dilution despite positive trial results for its DMD treatment [9] - SLM Corporation (SLM) dropped by 14.96% following a presentation indicating slower-than-expected earnings growth, leading to downgrades from institutional investors [10][12]

Core Insights - Lenskart is preparing for an IPO, aiming for a valuation of $9 billion, which could position its founder, Peyush Bansal, to join the billionaire club with a stake valued at approximately $800 million [2][3]. Company Overview - Founded by Peyush Bansal and partners met on LinkedIn, Lenskart has evolved into a multi-billion dollar eyewear startup over 15 years [1]. - The company has achieved its first full-year profit for the fiscal year ending March 31, indicating a shift towards profitability [5]. - Lenskart operates 2,723 stores across India and international markets, with nearly 40% of its revenue generated from outside India [14]. Market Position and Strategy - Lenskart utilizes robotic production technology imported from Germany, allowing for efficient manufacturing of eyewear [4]. - The company is expanding into Southeast Asia, with demand patterns in countries like Indonesia and Vietnam reflecting those in India a decade ago [5]. - Lenskart's business model includes controlling nearly every aspect of its value chain, from lens design to last-mile delivery, and employing ophthalmologists for remote consultations [13]. Financial Aspects - The IPO proceeds are intended for opening new stores, investing in technology and AI, making acquisitions, and general corporate purposes [14]. - Earlier valuations by Fidelity Management & Research pegged Lenskart at $6.1 billion, highlighting investor interest in the company [8]. Industry Context - The Indian startup ecosystem has faced challenges, with many companies experiencing valuation declines, but Lenskart's upcoming IPO is seen as a test of renewed investor confidence in the sector [7][9]. - Lenskart's reliance on China for over one-third of its purchases poses potential risks related to supply chain disruptions [10]. Future Prospects - The company is developing a new manufacturing facility in Hyderabad, expected to be the world's largest, with a capacity for hundreds of thousands of glasses daily [11]. - Lenskart is also investing in smart eyewear technology, integrating features like AI tools and cameras [15].