ArcSoft Technology: On February 25th, it received institutional research, with participation from Morgan Fund(China), CITIC Securities, and several other institutions.

Securities Star News, March 2, 2026: ArcSoft Technology (688088) announced that on February 25, 2026, the company received an institutional survey. Participants included Morgan Fund (China) Qu Lilei, CITIC Securities Sun Shuguang, Rui Rui Investment (Shanghai) Chen Hong, China Investment Liu Jing, Shandong Jinshida Investment Ning Shuai, Shenzhen Shanshi Private Equity Fund Lü Hailong, Harvest Fund Wu Zhenkun, Guoyuan Securities Geng Junjun, Huatai Securities Guo Yali, Pleiad Investment Advisors Limited Simon Sun, Pacific Asset Wei Wei, Zhongtai Securities Liu Yizhe, Guotai Haitong Securities Yang Lin Yang Meng, Zhangzhou State-owned Capital Operation Group Chen Rong, Shanzheng Asset (Shanghai) Wu Tong, Everbright Wealth Management Cai Feifei, HSBC Zhang Heng, Everbright Prudence Fund Huang Bo, Bosera Fund Guo Ziqi, Guolian Minsheng Securities Yang Litian, China Life Asset Long Yi, Xinghua Fund Gao Weixuan, Guangdong Zhengyuan Private Equity Fund Wu Haoyue, CICC Li Shiwen, Shanghai Mingyu Asset Wang Youhong, Shenzhen Lingji Capital Li An, Xingfu Life Insurance Ma Jiabao, Beijing Hongdao Investment Hou Jixiong, Great Wall Wealth Insurance Asset Hu Jiyuan, Western Securities Xie Chen, Golden Eagle Fund Chen Ying, Taixin Fund Dong Jizhou, Shanghai Zhongyu Investment Yuan Pengtao, Huaxia Wealth Innovation Investment Liu Chunsheng, DM Capital Li Dongliang, Xiamen Jinghong Fund Fankao Xing, Shanghai Minghe Investment Jiang Yufan, Tianfeng Securities Liu Jian, CITIC Construction Investment Securities Ying Ying Li Chuhan, Renqiao (Beijing) Asset Zhong Xin, Western Lide Fund Hou Wensheng Zhang Zhaojun, Shanghai Meishi Technology Zhang Zhen, Shenwan Hongyuan Securities Chen Qinghua.

The specific content is as follows:

Q: Starting in 2025, storage prices have surged rapidly. As a consumer electronics supply chain company, how does this storage price increase affect your mobile phone business? How does the company plan to respond?

A: Regarding the impact of storage price increases, we believe there are both opportunities and market risks. According to data from multiple industry institutions, in 2026, the decline in mobile phone shipments is expected to be more significant for mid- and low-end models. Our visual software products are more deeply integrated into mid-to-high-end, high-end, and flagship phones. The storage price hike will push the industry toward a value-driven competition and will also increase the proportion of high-end models. Mobile customers are more inclined to pass on costs, such as reducing camera module or chip configurations, and enhancing performance through software capabilities, as well as strengthening imaging, computational photography, and 3D sensing features. These are core strengths of ArcSoft, and future mobile phones will standardize these functions.

Q: How is the company’s ADAS product development progressing?

A: The company’s driver assistance system has three main product lines: low-compute platforms (SouthLake/WestLake). We focus on European mandatory regulations and the upcoming domestic EB regulations. We have completed in-depth testing, verification, and algorithm optimization for key safety functions like EB. Currently, demonstration vehicles based on low-compute platforms have received high recognition and orders from customers, marking the official commercialization phase of our Level 2 intelligent assisted driving solutions. For medium- and high-compute platform solutions (EastLake), we have upgraded the system architecture for the new cockpit-driving integrated form and have begun POC project development with customers.

In 2025, our external DS L2+ main features include intelligent parking assist and intelligent assisted driving. Technologically, our integrated parking assist solution has completed POC verification on customer projects. The P product continues to be refined to improve scene adaptability, with full parking functions such as radar fusion, self-selected parking spaces, and reverse tracking already developed. Additionally, we leverage Qualcomm Snapdragon Ride platform and cockpit-driving fusion platform to build integrated visual perception assisted driving solutions.

Q: How is the company’s commercial shooting business progressing? When will it contribute significantly?

A: The commercial shooting market remains large and active, with many companies entering this space and actively cultivating the market. From our product perspective, the number of enterprises using our commercial shooting products is gradually increasing, and customer stickiness is strengthening.

By the end of 2025, our e-commerce platform users number in the hundreds of thousands, with rapid growth in customized service brand clients. Currently, our focus remains on market cultivation.

We believe that from user experience to user retention, and ultimately to product benefits, this is a necessary process. We are actively developing in this direction.

Q: What is the company’s outlook on the AI glasses market? How is this business progressing?

A: In 2025, the company signed cooperation agreements with five major AI glasses brands. Over half of the new AI glasses launched domestically in 2025 are from our clients. We are very optimistic about the prospects of AI glasses and continue negotiations and expansion with customers.

AI glasses are currently the best interface to replace R/VR and offer the most natural interaction. They make interaction more convenient and are suitable for various scenarios—such as interacting while walking, using AI glasses as teleprompters during presentations, recognizing calories during self-diet, or providing memory prompts in social settings. As more innovative functions are accepted and popularized by consumers, the potential applications for AI glasses will expand further.

Q: Does the company collaborate with sports cameras or drones?

A: The company is developing projects in new fields such as sports cameras, drones, and mirrorless cameras. We can provide distortion correction, night scene enhancement, noise reduction, and other visual and photography solutions for these electronic products. We hope to help improve imaging and photography experiences for such consumer electronics.

Q: How is the company’s robotics business progressing?

A: In the field of embodied intelligent robots, the company actively develops and deploys, establishing technical cooperation with well-known civil robot companies. Our visual products and solutions include core technologies such as SLM (spatial localization), visual perception, face/animal/scene recognition, and gesture recognition, providing applications in visual expansion, navigation perception, human-machine interaction, and imaging enhancement. These technologies are also compatible with various cameras, sensors, and laser radars.

ArcSoft Technology (688088) mainly focuses on the computer vision field, providing algorithm licensing and system solutions for industries. It is a leading global visual AI enterprise dedicated to R&D and application of visual AI technology, driven by continuous innovation, offering one-stop visual AI solutions worldwide.

According to Q3 2025 financial report, the company’s main revenue for the first three quarters was 628 million yuan, up 9.39% year-over-year; net profit attributable to shareholders was 142 million yuan, up 60.51%; non-recurring net profit was 113 million yuan, up 44.53%. In Q3 2025, the quarterly revenue was 217 million yuan, up 12.68%; net profit attributable to shareholders was 53.18 million yuan, up 98.21%; non-recurring net profit was 40.58 million yuan, up 68.32%. The debt ratio is 12.05%, investment income is 3.36 million yuan, financial expenses are -31.62 million yuan, and gross margin is 88.16%.

In the past 90 days, five institutions have issued ratings: three buy, two hold; the average target price over this period is 71.27 yuan.

Detailed profit forecasts are available.

Margin financing and securities lending data show that in the past three months, net financing outflow was 37.51 million yuan, with a decrease in financing balance; net securities lending outflow was 717,100 yuan, with a decrease in securities lending balance.

This content is compiled from public information by Securities Star, generated by AI algorithms (Wang Xin Suan Bei 310104345710301240019), and does not constitute investment advice.