Guosheng Securities: Maintains a "Buy" rating on Crystal Optoelectronics, three major business sectors continue to develop steadily.

Guosheng Securities research report pointed out that Crystal Optoelectronics achieved steady growth in the first half of the year, the company's industrial structure continued to optimize, and profitability steadily improved. Focusing on the optical track, anchoring the three core business directions of consumer electronics, automotive optics, and AR/VR, the product matrix has expanded from single components to a combination of components, modules, and solutions. In the field of consumer electronics, deepen cooperation with industry leaders, develop innovative optical products; focus on technology research and layout in the field of AR/VR, have formed a business layout of waveguides, 3D modules, core optical components, diffraction wafers, and reflective films, as well as other 2D and 3D optical products needed for intelligent wearable devices. Will work with industry leaders to focus on breaking through the optical challenges in the AR/VR field and jointly promote the development of the industry. Maintain a "buy" rating.