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Molai Optics (688502.SH): Continue to pay attention to the development of AR technology and actively cooperate with customers.
On July 25th, Gelonhui reported that Maolai Optics (688502.SH) stated during a recent investor visit that the company is in a unique position in the optical measurement field based on human eye simulation and is the only supplier of this measuring equipment. In the ARVR testing field, the company has always been accumulating corresponding technical capabilities and continuously investing in research and development to maintain its competitiveness in this emerging field. Currently, the AR market is still in its development stage and there remains uncertainty in market size and growth rate. The company will continue to pay attention to the development of AR technology, actively cooperate with customers, and seize more market opportunities.
Molai Optics (688502.SH): has established cooperative relationships with many well-known domestic and foreign enterprises in the semiconductor field.
Maolai Optics (688502.SH) recently stated during an institutional investor visit that in the field of semiconductors, the company has always been conducting in-depth research and technological innovation, committed to providing high-precision and customized products that meet customer needs. The cooperation between the company and its customers is based on stable system solutions and the development of corresponding products according to the specific technical requirements of customers. With clear and stable customer technical requirements, the company will be able to provide more mature and specific technological solutions. Currently, the company has established cooperative relationships with many well-known domestic and foreign enterprises and in multiple projects.
Moailei Optical (688502.SH): plans to use the over-raised funds of 123 million yuan to permanently supplement working capital.
On July 23, 2024, Maolai Optics (688502.SH) announced that the fourth board of directors and the fourth board of supervisors of the company had a meeting and approved the Proposal on the Permanent Supplement of Working Capital Using Part of the Oversubscribed Funds. While ensuring the funding needs for investment projects of the raised funds and the normal progress of the fundraising projects, it was agreed to use RMB 123 million of the oversubscribed funds for the permanent supplement of the company's working capital, accounting for 29.90% of the total oversubscribed funds.
Mowei Optics (688502.SH): developed the core lens for lidar in the field of self-driving car applications and developed high-precision lenses for its autonomous driving technology.
On July 18th, Gelonhui reported that an investor asked MOLI Optics (688502.SH) on the investor interactive platform, 'Did your company earn over five million in revenue from Alphabet's driving platform in 2022? Is this revenue derived from lidar and optical systems? Have you considered providing products for Tesla?' The company replied that its products are widely used in the fields of semiconductors, life sciences, aviation, self-driving cars, biometrics, and AR/VR detection. The company has developed the core lens of lidar for the field of self-driving cars, and has developed high-precision lenses for automatic driving technology.
A Look At The Intrinsic Value Of MLOptic Corp. (SHSE:688502)
Molian Optics (688502.SH): Cumulative expenditure of 26.01 million yuan to repurchase 0.446% of shares.
On July 1st, Guolonghui reported that Maolai Optics (688502.SH) has cumulatively repurchased 235,475 shares through centralized bidding trading method as of June 30, 2024, accounting for 0.4460% of the company's total share capital of 52,800,000 shares. The highest repurchase price was 118.80 yuan/share, the lowest was 94.88 yuan/share, and the total amount paid was RMB 26,012,094.67 (excluding stamp duty, trading commission and other trading fees).
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