Group 1 - The global smart glasses (AI glasses) market is projected to reach a shipment volume of 4.065 million units in the first half of 2025, representing a year-on-year growth of 64.2% [1] - In the AI glasses concept stocks, 12 stocks have seen a net inflow of over 1 billion yuan in financing in the first three quarters of this year, with Luxshare Precision leading at 5.007 billion yuan [1] - As of October 20, 10 AI glasses concept stocks have released their Q3 2025 reports, with Luxshare Precision, Linying Intelligent Manufacturing, and others reporting net profits exceeding 500 million yuan [1] Group 2 - Luxshare Precision reported a net profit of 11.117 billion yuan for Q3, with a year-on-year increase of 22.5% [3] - Linying Intelligent Manufacturing achieved a net profit of 2.005 billion yuan, reflecting a year-on-year growth of 42.26% [3] - Several companies, including Ruixin Microelectronics and Sitwei, reported net profits that doubled year-on-year, indicating strong performance in the AI glasses sector [1][3]

Core Viewpoint - Tengjing Technology's stock has shown significant volatility, with a year-to-date increase of 143.58% but a recent decline in the last five and twenty trading days, indicating potential market fluctuations and investor sentiment changes [2]. Group 1: Stock Performance - As of October 20, Tengjing Technology's stock price reached 97.70 CNY per share, with a market capitalization of 12.637 billion CNY [1]. - The stock has experienced a 5.51% decline over the last five trading days and a 5.14% decline over the last twenty trading days, despite a substantial increase of 132.62% over the past sixty days [2]. Group 2: Financial Performance - For the period from January to September 2025, Tengjing Technology reported a revenue of 425 million CNY, reflecting a year-on-year growth of 28.11%, and a net profit attributable to shareholders of 63.8025 million CNY, which is a 15.00% increase year-on-year [2]. - The company has distributed a total of 91.1065 million CNY in dividends since its A-share listing, with 52.9483 million CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Tengjing Technology increased to 16,800, marking a 57.31% rise from the previous period, while the average number of circulating shares per shareholder decreased by 36.43% to 7,678 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the eighth largest, holding 2.1634 million shares as a new shareholder [3]. Group 4: Business Overview - Tengjing Technology, established on October 12, 2013, and listed on March 26, 2021, specializes in the research, production, and sales of precision optical components and fiber optic devices [2]. - The company's revenue composition includes 78.87% from precision optical components, 16.65% from fiber optic devices, and 4.43% from optical testing instruments [2].

Core Viewpoint - The total margin balance of the Sci-Tech Innovation Board decreased to 248.04 billion yuan on October 17, reflecting a reduction of 3.37 billion yuan from the previous trading day [1] Group 1: Margin Balance - The financing balance amounted to 247.19 billion yuan, down by 3.33 billion yuan compared to the previous trading day [1] - The margin trading balance was recorded at 0.85 billion yuan, which is a decrease of 0.046 billion yuan from the previous trading day [1] Group 2: Stock Performance - On October 17, 255 stocks on the Sci-Tech Innovation Board experienced net financing inflows, with 10 stocks having net inflows exceeding 20 million yuan [1] - Tengjing Technology topped the list with a net financing inflow of 127 million yuan, followed by stocks such as Jiewate, Daotong Technology, Baijishenzhou, Dekeli, and Aobizhongguang [1]

Core Viewpoint - The recent quarterly reports from various companies listed on the Sci-Tech Innovation Board (STAR Market) show strong performance, particularly in emerging industries such as AI computing chips and optical communication, indicating the board's role in fostering strategic emerging and future industries [1] Group 1: AI Computing Chip Industry - The domestic AI chip design ecosystem is becoming increasingly robust, with companies like Haiguang Information and Cambricon Technologies showing significant financial improvements, contributing to the foundational construction of China's AI industry [2][3] - Haiguang Information reported a total revenue of 9.49 billion yuan for the first three quarters, a year-on-year increase of 54.65%, and a net profit of 1.96 billion yuan, up 28.56% [2] - Cambricon Technologies achieved a remarkable revenue of 4.607 billion yuan, a year-on-year increase of 2300%, and a net profit of 1.605 billion yuan, up 321.49% [3] Group 2: Optical Communication Industry - Optical communication is identified as a key infrastructure for future information industries, with companies like Shijia Photonics and Tengjing Technology showing impressive growth [4] - Shijia Photonics reported a revenue of 1.56 billion yuan for the first three quarters, a year-on-year increase of 113.96%, and a net profit of 299 million yuan, up 727.74% [4] - Tengjing Technology achieved a revenue of 425 million yuan, a year-on-year increase of 28.11%, and a net profit of 64 million yuan, up 15.00% [4] Group 3: Future Technology and Energy Materials - Companies are strategically positioning themselves in frontier technologies, with notable performances in quantum technology and future energy sectors [5][6] - GuoDun Quantum reported a revenue of 190 million yuan, a year-on-year increase of 90.27%, and a net loss of 26 million yuan, a reduction of 51.98% [5] - Rongbai Technology announced advancements in solid-state battery materials, achieving ten-ton level shipments of high-nickel and ultra-high-nickel solid-state cathode materials, with production expected to commence in mid-2026 [6]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性依法承担法律责任。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：688195 证券简称：腾景科技 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假 记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息的真 实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一）主要会计数据和财务指标 单位：元 币种：人民币 ■ 注："本报告期"指本季度初至本季度末3个月期间，下同。 （二）非经常性损益项目和金额 √适用 □不适用 单位:元 币种:人民币 ■ 对公司将《公开发行证券的公司信息披露解释性公告第1号一一非经常性损益》未列举的项目认定为非 经常性损益项目且金额重大的，以及将《公开发行证券的公司信息披露解释性公告第1号一一非经常性 损益》中列举的非经常性损益项目界定为经常性损益的项目，应说明原因。 □适用 √不适用 （ ...

Core Insights - Tengjing Technology reported a revenue of 162,253,874.81 yuan for Q3 2025, representing a year-on-year growth of 34.83% [2] - The net profit attributable to shareholders of the listed company was 27,213,666.02 yuan, showing a year-on-year increase of 20.11% [2] Financial Performance - Revenue for Q3 2025: 162.25 million yuan, up 34.83% year-on-year [2] - Net profit for Q3 2025: 27.21 million yuan, up 20.11% year-on-year [2]

Core Viewpoint - Tengjing Technology reported steady growth in operating performance for Q3 2025, with significant increases in revenue, total profit, and net profit, alongside increased R&D investment and a substantial rise in operating cash flow [3][6]. Financial Performance - For Q3 2025, the company achieved revenue of 162,253,874.81 CNY, a year-on-year increase of 34.83% [4][5]. - Total profit for the same period was 32,103,763.66 CNY, reflecting a year-on-year growth of 41.49% [4][5]. - Net profit attributable to shareholders was 27,213,666.02 CNY, up 20.11% year-on-year [4][5]. - For the year-to-date period (January to September), total revenue reached 425,131,074.76 CNY, a 28.11% increase compared to the previous year [4][5]. R&D Investment - The company maintained a high level of R&D investment, totaling 17,071,445.72 CNY for Q3, which is a 54.23% increase year-on-year, representing 10.52% of revenue [5][7]. - Year-to-date R&D investment reached 46,179,112.13 CNY, a 38.52% increase, accounting for 10.86% of revenue [5][7]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was 94,598,265.40 CNY, showing a significant growth of 120.76% year-on-year [5][7]. - Total assets as of the report date were 1,409,418,551.70 CNY, an increase of 8.48% from the previous year [5][7]. Growth Drivers - Revenue growth was primarily driven by the expansion in the optical communication sector, fueled by AI computing power demand [6][7]. - High growth in emerging application areas, particularly in semiconductor equipment and high-end optical modules, contributed significantly to revenue [6][7]. - A recovery in demand within the industrial laser sector also supported revenue growth, alongside improved product structure and profit margins [6][7].

Core Insights - The main point of the news is the significant outflow of capital from the Shanghai and Shenzhen stock markets, totaling 114.82 billion yuan, with a notable outflow from the Sci-Tech Innovation Board [1] Group 1: Market Overview - The total net outflow of capital from the Shanghai and Shenzhen markets reached 114.82 billion yuan, with the Sci-Tech Innovation Board experiencing a net outflow of 12.60 billion yuan [1] - A total of 128 stocks on the Sci-Tech Innovation Board saw net inflows, while 459 stocks experienced net outflows [1] - Among the stocks with net inflows, 3 stocks had inflows exceeding 100 million yuan, with Tengjing Technology leading at 210 million yuan [1] Group 2: Stock Performance - On the Sci-Tech Innovation Board, 38 stocks increased in value, while 550 stocks decreased [1] - The stock with the highest net outflow was SMIC, which saw a decline of 4.18% and a net outflow of 1.43 billion yuan [1] - Other notable stocks with significant net outflows included Lanke Technology and Zhongwei Company, with outflows of 667 million yuan and 507 million yuan, respectively [1] Group 3: Continuous Capital Flow - There are 40 stocks that have seen continuous net inflows for more than 3 trading days, with Hanwujing leading at 37 consecutive days of inflow [2] - Conversely, 177 stocks have experienced continuous net outflows, with ST Nuotai leading at 16 consecutive days of outflow [2] - Other stocks with significant continuous inflows include Kangwei Century and Kesi Technology, with 11 days and 8 days of inflow, respectively [2]

智通财经APP讯，腾景科技(688195.SH)发布2025年三季度报告，前三季度，公司实现营业收入4.25亿 元，同比增长28.11%。归属于上市公司股东的净利润6380.25万元，同比增长15.00%。归属于上市公司 股东的扣除非经常性损益的净利润6127.14万元，同比增长14.96%。 ...

2025年10月24日 腾景科技股份有限公司 2025年第一次临时股东大会会议资料 证券代码：688195 证券简称：腾景科技 腾景科技股份有限公司 2025年第一次临时股东大会会议资料 目录 | 股东大会会议须知 | 1 | | --- | --- | | 股东大会会议议程 | 3 | | 议案一：关于《2025年员工持股计划（草案）》及其摘要的议案 | 5 | | 议案二：关于《2025年员工持股计划管理办法》的议案 | 6 | | 议案三：关于提请股东大会授权董事会办理2025年员工持股计划相关事宜的议案 | 7 | | 议案四：关于增加2025年度向金融机构申请授信额度的议案 | 9 | | 议案五：关于为控股子公司提供担保的议案 | 11 | | 议案六：关于取消监事会、修订《公司章程》暨修订、制定及废止公司部分治理制度的议案15 | | | 议案七：关于选举第三届董事会非独立董事的议案 | 18 | | 议案八：关于选举第三届董事会独立董事的议案 | 21 | 腾景科技股份有限公司 2025年第一次临时股东大会会议资料 股东大会会议须知 为保障腾景科技股份有限公司（以下简称"公司"或"腾景科技"） ...