Annual Report 2025

Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2025 18 Management Discussion and Analysis 管理層討論與分析 (C) XR Products With the successive launch of new products by top customers, the smart glasses market has rapidly expanded and entered a new phase of scaled development. The Group seized the strategic opportunities and maintained in-depth strategic cooperation with world-renowned top customers. The shipment volume of smart glass camera modules in 2025 achieved a rapid growth as compared to that of last year, consolidating its leading position in the industry. At the same time, leveraging industry-leading manufacturing processes and supply chain integration capabilities, the Group successfully achieved mass production of wide-angle polarizing beam splitter lens sets, and developed AR lens sets equipped with color-changing solutions. In addition, based on its vertical integration capabilities and advantages in miniaturized packaging processes, the Group further optimized the optical performance and structural design of its AR optical engine products. This has enabled mass production breakthroughs featuring smaller, lighter device with better colour performance, continuously driving the advancement of AR devices towards consumer-level adoption. (D) Other Products 1. Pan-IoT Under the dual drivers of continuous upgrades of AI technology and scenario implementation, the Pan-IoT market has embraced new development opportunities, with the integration of AI and hardware deepening constantly. Based on the intelligent imaging products, the Group strives to achieve co-creation of whole device products with customers by combining the capabilities of whole device calibration, whole device simulation testing and software system design. (C) XR 產品 伴隨頭部客戶新產品陸續發佈，智能眼鏡 市場快速放量，進入規模化發展新階段。 本集團緊抓戰略機遇，與全球知名頭部客 戶始終保持深度戰略合作，智能眼鏡攝像 模組二零二五年的出貨量較去年實現高速 增長，穩固行業領先地位。與此同時， 憑藉行業領先的製程工藝與供應鏈整合能 力，本集團成功實現大廣角偏振分束器鏡 組的量產落地，並研發出搭載變色方案的 AR 鏡組產品；此外，基於垂直整合能力及 小型化封裝工藝優勢，本集團進一步優化 了 AR 光機產品的光學性能與結構設計， 實現更小、更輕及更優色彩性能的量產突 破，持續引領 AR 設備向消費級普及邁進。 (D) 其他產品 1. 泛 IoT 在 AI 技術持續升級與場景落地的雙重 驅動下，泛 I oT 市場迎來新的發展機 遇， AI 與硬件的融合在不斷深化。本 集團以智能影像產品為基礎，結合整 機標定、整機仿真測試能力及軟件系 統設計能力，力爭實現整機產品與客 戶共創。