Core Viewpoint - The company, Aiko Optoelectronics, is a leading provider of core components for industrial machine vision, focusing on high-end manufacturing equipment and aiming to drive innovation in China's smart manufacturing sector through its advanced products and solutions [5][26]. Company Overview - Aiko Optoelectronics specializes in industrial machine vision imaging components and has established itself as a pioneer in domestic substitution within the industry [5]. - The company offers a wide range of products, including industrial cameras, image acquisition cards, and intelligent optical units, with over 260 product models [5][10]. Business Model - The company's revenue model is primarily based on selling high-quality machine vision core hardware and software products, including industrial cameras and image acquisition cards [21]. - Aiko has developed a comprehensive procurement management system to ensure efficiency and quality in sourcing materials [22]. Industry Situation - The domestic machine vision industry is experiencing robust growth, with sales increasing from 24.04 billion yuan in 2021 to 31.15 billion yuan in 2023, reflecting a compound annual growth rate of 13.8% [26]. - The industry is expected to reach a market size of 56.57 billion yuan by 2027, driven by advancements in automation and smart manufacturing [26]. Product Applications - Aiko's products are widely used in various sectors, including electronics manufacturing, new displays, and renewable energy, with significant applications in PCB inspection and lithium battery production [14][16]. - The company has successfully replaced international competitors in the lithium battery sector, demonstrating the effectiveness of its products in enhancing safety and performance [16][17]. Technological Advancements - The company is leveraging new technologies such as AI and 3D vision to enhance its product offerings and meet the growing demands of smart manufacturing [34][35]. - Aiko is also focusing on multi-spectral imaging technology to provide more comprehensive analysis capabilities across various applications [35]. Future Development Trends - The machine vision industry is expected to continue expanding due to increasing automation demands across sectors such as automotive, logistics, and healthcare [40][41][42]. - Aiko aims to further enhance its product matrix and explore new industry standards, positioning itself as a leader in the domestic market [34].