Guangfeng Technology 2025 Performance Flash Report: Cinema Business Remains Stable, AR Business Achieves Breakthrough

On February 27, Guangfeng Technology (688007.SH), a leading company in semiconductor laser light sources, announced its performance forecast for 2025, indicating an approximate revenue of 1.709 billion yuan for the year. Throughout the year, blockbuster movies were released intensively, and the company’s cinema business maintained steady growth, providing stable cash flow and serving as a solid foundation for strategic transformation and innovative business development.

Meanwhile, the company’s innovative businesses, especially AR optical engine technology, achieved leapfrog breakthroughs, becoming the core engine driving the company’s long-term development. Recently, a research report from China Merchants Securities pointed out that global tech giants like Meta, Google, and Apple are intensively deploying in the AI glasses sector. Domestic brands are also entering the “hundred glasses war,” and it is expected that 2027 will usher in the true “iPhone moment.” The report also listed Guangfeng Technology as a key upstream “water seller” target for focused attention.

AR optical engine technology and products are entering a period of explosive growth

Grasping the critical opportunity of upgrading from monochrome to full-color displays in the AI glasses industry, Guangfeng Technology demonstrates strong R&D strength and rapid product iteration. From September 2025 to January 2026, in just four months, the company completed a leapfrog upgrade from the Dragonfly G1 to the Dragonfly C1, officially entering a period of technological explosion. This leap forward is inseparable from the company’s years of technical accumulation.

As the industry’s first “one-to-two” architecture full-color LCoS AR optical engine, the Dragonfly C1 has overcome three core pain points in the AI glasses industry—high cost, heavy weight, and short battery life—with disruptive technology. The product drives binocular display with a single optical engine, directly reducing the number of optical engines used. In the context where optical engines account for 40% of the total cost of smart glasses, it significantly lowers the overall device cost, while also reducing weight by 20% and greatly improving battery life. Its mono volume is only 0.42cc, achieving full-color display within an extremely compact body, greatly expanding the application boundaries of AI glasses in navigation, gaming, and other scenarios, helping AI glasses brands achieve differentiated breakthroughs.

Collaborating with international giants to define technological standards

Leading in technology and products, Guangfeng Technology’s industry influence continues to rise, successfully entering the core decision-making circle of the global AR industry. The company officially joined the AR Alliance, the “innovation engine” of the global AR industry, becoming a core member of the Laser Display for AR (LDAR) branch. More significantly, Chen Menghao, General Manager of Guangfeng Technology’s Innovation Center, and a representative delegated by tech giant Meta, jointly serve as co-leaders of the alliance’s System Architecture subgroup, working together to lead key initiatives.

This development marks Guangfeng Technology’s formal entry into the global AR core technology decision-making circle, receiving authoritative endorsement from top international camps. At the recent AR Alliance member conference, Guangfeng Technology and Meta representatives spoke on stage together, deeply analyzing the core challenges of AR system architecture, earning high recognition from over a hundred industry chain representatives and experts worldwide.

Currently, the global AR industry is at a critical turning point from technological exploration to large-scale application. With its core technology in AR laser, rapid product iteration, and global ecosystem layout, Guangfeng Technology has seized the industry development opportunity.