OFILM(SZ:002456)2022-11-22 02:58Group 1: Business Overview - The main business of O-Film includes optical imaging and microelectronics, with products such as optical imaging modules, optical lenses, and microelectronic products widely used in consumer electronics and smart automotive sectors [2][3]. - The company aims to focus on core areas, drive innovation, and solidify its foundation to develop optical and microelectronic businesses across multiple fields, including consumer electronics and automotive [2][3]. Group 2: Financial Performance - In 2020, O-Film achieved total revenue of CNY 48.35 billion, a decrease of 6.97% compared to the previous year, with a net profit attributable to shareholders of CNY -1.945 billion, indicating a loss [3][4]. - The loss was primarily due to the termination of procurement relationships with a specific overseas customer, leading to significant asset impairment losses totaling CNY 2.820 billion [3][4]. Group 3: Automotive Electronics Development - The company is focusing on automotive electronics, particularly in body electronics, smart cockpit, and intelligent driving products, with successful development of products like dual-screen smart cockpit systems and ultrasonic fingerprint technology [4][5]. - O-Film is actively participating in the establishment of the intelligent cockpit ecological alliance and has developed short-range millimeter-wave radar products that outperform ultrasonic sensors in various performance metrics [4][5]. Group 4: Market Position and Competition - In the smartphone camera module sector, O-Film faces competition from several manufacturers, with a notable presence in dual and multi-camera module technologies [5][6]. - The company is positioned to lead in high-pixel, large-aperture, and ultra-small camera technologies, leveraging its vertical integration and advanced manufacturing processes [5][6].