Union Optech(300691)2022-11-23 06:56Group 1: IPO and Fundraising Progress - The company has completed the project closure for the "Engineering Technology R&D Center" and allocated surplus funds to replenish working capital as of July 6, 2020 [2] - The "High-end Optoelectronic Lens Product Intelligent Manufacturing Base Expansion Project" was approved for project closure on March 17, 2021, with surplus funds also allocated to working capital [2] - The company plans to issue up to 38,902,538 shares at a price of 12.21 CNY per share, raising a total of no more than 475 million CNY for the "New Display and Smart Wearable Products Manufacturing Project" [2] Group 2: Revenue Expectations and Market Position - The company anticipates significant revenue growth in 2021, driven by the release of production capacity, with security product revenue expected to remain stable and non-security product revenue projected to be a major growth driver [3] - The company has achieved world-leading technology in the security video surveillance field, maintaining a stable customer base and high market share [3] Group 3: Technological Advantages and R&D Capabilities - The company has 16 years of development experience and possesses key technologies in projection equipment and laser television, including 15 domestic patents and 1 U.S. patent in the ultra-short throw field [3] - The company has established a comprehensive R&D platform for optical products, with strong capabilities in optical lens design and production [4] Group 4: Strategic Partnerships and Client Development - The company has formed strategic partnerships with well-known enterprises such as Hikvision and Dahua Technology, enhancing its market presence [4] - The first major client, Hikvision, has established a long-term cooperative model with the company, focusing on customized product services to address market technical pain points [4]