June 18 GLONHUA Lyon released a report indicating that Sunway Optoelectronics will hold its annual Investor Day Event at 4:30pm today. According to the presentation materials uploaded at noon, the company will discuss the development of Edge-side AI Development and the global smart phone sales forecast for this year, which is estimated to increase from the beginning of the year to 3.5% from 1.8%. The bank believes that the AI phone theme and a more optimistic market outlook are positive drivers for Sunway's stock price and the entire consumer electronics industry. The report pointed out that the company's Investor Day attracted attention from the outside world and Lenovo. Under the recent trend of industry profit margin recovery and the emerging AI smart phone theme, it is believed that the content published by the company will focus on business foundations. It is unlikely to change its shipping volume and profit margin guidance, recommending a "buy" rating with a target price of 57 Hong Kong dollars over 12 months.