Core Insights - O-Film Technology Co., Ltd. reported a revenue of 9.837 billion yuan for the first half of 2025, marking a year-on-year growth of 3.15% [1] - The company focuses on core strengths, innovation-driven strategies, and solidifying its foundation for sustainable growth [1] Group 1: Business Segments - The smartphone business remains the cornerstone of O-Film's transformation, with a strong emphasis on high-end optical imaging technology since entering the field in 2012 [1] - O-Film is a leading supplier of under-display fingerprint recognition modules and maintains a leading market share in the Android ecosystem for ToF front-facing facial recognition products [1] Group 2: Smart Automotive Sector - The smart automotive business is a key growth driver, with projected revenue surpassing 2 billion yuan in 2024, accounting for 11.74% of total revenue [2] - In the first half of 2025, the smart automotive segment saw an 18.19% year-on-year revenue increase to 1.262 billion yuan, indicating a strong upward trend [2] Group 3: Emerging Fields - O-Film is strategically investing in emerging fields such as drones, action cameras, and smart devices, achieving scalable revenue and entering DJI's supply chain [2] - The company is also focusing on cutting-edge areas like AR/VR and robotics, with successful mass production of machine vision solutions [2] Group 4: Technological Advancements - O-Film has made significant advancements in optical lens technology for industrial and medical applications, overcoming key technical challenges in disposable endoscopes [2] - The company aims to become the first Chinese manufacturer to supply a full range of lens modules, enhancing its position in the industry [2] Group 5: Industry Trends - The rapid iteration of AI technology is reshaping the industry landscape, prompting companies like O-Film to focus on core technology research and exploration of new growth spaces [3]

Group 1 - The evolution of fingerprint recognition technology in smartphones has shifted from physical to optical and now to under-display ultrasonic fingerprint recognition, which is becoming a trend in the industry [1] - Several domestic smartphone manufacturers are set to adopt ultrasonic fingerprint unlocking technology in their flagship models, indicating a potential explosive growth in this technology [1] - Ultrasonic fingerprint recognition offers higher security and faster unlocking speed compared to traditional optical methods, as it can penetrate surface contaminants and ensure stable and accurate unlocking in various environments [1] Group 2 - Although ultrasonic fingerprint recognition is currently more expensive and mainly used in high-end flagship phones, advancements in domestic technology and decreasing costs are expected to expand its application to mid-range products and other smart devices [2] - The rapid development of IoT and smart home sectors will further broaden the application scenarios for ultrasonic fingerprint recognition, making it a mainstream solution for secure identity verification [2] - The market size of China's ultrasonic fingerprint recognition industry is projected to reach 363 million yuan by 2028 [2] Group 3 - O-film, a leading company in the optical and electronic field, has been focusing on fingerprint recognition and 3D ToF microelectronics, maintaining a significant market share in the fingerprint recognition module sector [2] - O-film has been producing fingerprint recognition modules since 2015 and has consistently ranked among the top global suppliers [2] - The company has a strong position in both optical and ultrasonic under-display fingerprint recognition modules, and its self-developed technologies enhance smart lock products [2] Group 4 - With the increasing prevalence and upgrade of smart terminal devices, ultrasonic fingerprint recognition technology is expected to maintain a high growth trajectory as a key identity authentication method [3] - O-film has long been producing ultrasonic fingerprint recognition modules for overseas clients, and the company is likely to benefit from the rapid penetration of this technology in the domestic market in the coming years [3] - As ultrasonic technology matures, O-film's advantages in the fingerprint recognition market will become more pronounced, presenting new development opportunities [3]