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According to a report published by Citigroup, excluding the stock exchange transaction, Sunyu Optics' management expects total revenue and net profit to increase by at least 7% year-on-year for the whole year. The annual mobile phone business revenue is expected to remain the same year on year. XR business revenue will exceed 2 billion yuan and achieve year-on-year growth in 2026, and pan-IoT business revenue is expected to increase by about 50%. Management said Sunyu Optics has received large-scale AR product orders from leading customers and is expected to bring meaningful incremental contributions from 2027. The bank raised its target price from HK$88 to HK$94, with a “buy” rating.
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According to a report published by Citigroup, excluding the stock exchange transaction, Sunyu Optics' management expects total revenue and net profit to increase by at least 7% year-on-year for the whole year. The annual mobile phone business revenue is expected to remain the same year on year. XR business revenue will exceed 2 billion yuan and achieve year-on-year growth in 2026, and pan-IoT business revenue is expected to increase by about 50%. Management said Sunyu Optics has received large-scale AR product orders from leading customers and is expected to bring meaningful incremental contributions from 2027. The bank raised its target price from HK$88 to HK$94, with a “buy” rating.
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