Glonghui, May 24 丨 Huaxin Securities's research report on the 23rd pointed out that the reason for the year-on-year decline in net profit of Fuguang Co., Ltd. (688010.SH) in 2022 was due to the company's investment in housing buildings and equipment, which led to an increase of 296.656 million yuan in fixed asset depreciation and long-term asset amortization in the current period compared to the same period last year. In the face of challenges, steady progress has been made, and R&D innovation has built core competitiveness. The development of a 30x special all-in-one zoom lens prototype has now been completed. In addition, the company actively lays out AI-related fields, holding companies such as Qingyun Zhilian, Fuguang Digital Intelligence, and Nebula Big Data, holding 51%/70%/8% respectively. It is mainly engaged in big data applications, information system integration services, platform operation, etc., which can deepen the company's understanding of optical product needs in artificial intelligence, big data applications and other fields, and promote the innovation and upgrading of the company's optical systems and lenses. The bank is optimistic about the company's long-term growth in the high-end optics field and maintains its “buy” investment rating.