Union Optech(SZ:300691)2022-12-04 09:02Group 1: Company Overview - The company focuses on both security and non-security product lines, with significant investment in non-security product development and market promotion [1] - The company has registered an automotive electronics company to enhance its presence in the vehicle lens market [1] Group 2: Market Position and Competition - The main competitors in the high-end market are Japanese suppliers, while the company holds strong technical advantages in high-performance areas such as high magnification zoom, HD, and optical stabilization compared to domestic competitors [2] - The company aims to maintain stable growth in the security market while expanding into new applications and increasing output in the mid-range lens sector [2] Group 3: Future Development and Investment - The company anticipates that the revenue share of non-security products will increase as it continues to invest in high-definition lens technology, especially with the rise of 5G [2] - The fundraising project has completed factory acceptance and partial production as of Q2 2019, with plans to gradually release capacity based on business needs [2]