Union Optech(SZ:300691)2022-11-21 15:40Group 1: Company Overview and Strategy - The company specializes in optical imaging, display, and sensing technologies, providing optical products and system solutions [1] - It aims to strengthen its technological foundation in the optical field and enhance high-end manufacturing capabilities [1] - The company plans to increase market R&D investment and product development to expand the application areas of optical products [1] Group 2: Non-Security Product Development - The company focuses on developing non-security optical products, particularly in new display and intelligent driving sectors [2] - It aims to enhance its one-stop manufacturing capabilities from optical design to intelligent assembly [2] - The company has established a strategic partnership with major automotive manufacturers for its vehicle-mounted lens products [2] Group 3: Market Growth and Projections - The global vehicle-mounted lens market is projected to grow from 81.77 million units in 2016 to 204.5 million units by 2023, with a CAGR of 29.09% [3] - The market value is expected to reach $1.353 billion by 2023, driven by advancements in 5G technology [3] - The company plans to increase R&D investment in vehicle-mounted lenses to enhance product competitiveness [3] Group 4: Product Innovations and Technical Barriers - The company has developed laser projection and AR/VR products, with stable customer orders [3] - It has achieved breakthroughs in mirror technology, mastering ultra-short focus lens technology [3] - The company produces medical micro-lenses for endoscopes, which are now in mass production [3] Group 5: Management and R&D Team - The company has over 500 R&D personnel across five bases, maintaining a leading position in domestic optical technology [4] - The management team includes experienced professionals from major companies, enhancing operational efficiency [4] - The company has established a joint training base with Changchun University to foster high-quality talent [4] Group 6: Fund Investment Strategy - The company has established four investment funds to optimize its upstream and downstream industry layout in the optical sector [5] - Future plans include leveraging these funds to invest in optical-related projects, creating strong synergies with its optical technology [5]