Lens(SZ:300433)2025-09-01 09:44Financial Performance - The company's revenue from the assembly business continues to increase, contributing to a stable overall gross margin despite rising costs [2][4] - Changsha's revenue increased by 30.92% year-on-year, with significant improvements in gross margin due to effective cost reduction measures [4][5] - Blue Sky Precision's revenue and net profit slightly decreased due to product transfers, but new product launches are expected to drive growth in the second half of the year [4][5] Strategic Initiatives - The company aims to embrace the AI era by positioning itself as a smart hardware manufacturer, focusing on high-margin products such as AI servers and AR glasses [3][4] - The introduction of new products in the automotive sector, including wireless charging modules and communication modules, is expected to enhance the value per vehicle [5][6] - The company is actively expanding its capabilities in AI glasses and human-robot collaboration, with ongoing partnerships with leading clients in these fields [8][9] Research and Development - R&D expenses increased by 29.15%, amounting to nearly 400 million, primarily due to new projects in consumer electronics and AI glasses [6][7] - The company is focusing on advanced technologies and foundational research to support future business growth [7][8] - The development of liquid cooling modules for AI servers is a key area of focus, with plans for mass production in the second half of the year [9][10] Market Outlook - The company anticipates significant growth in four main sectors: smartphones, smart automotive, smart wearables, and other smart devices, driven by new product launches and market demand [5][6] - The automotive business is expected to see growth from partnerships with over 30 leading automotive companies, enhancing product offerings and market share [5][6] - The company is committed to maintaining a competitive edge through innovation and collaboration with clients, ensuring a strong market presence [7][8]