伯恩光学在2020年全球智能设备外观结构及模组方案行业按出货价值划分的排名第一，约42.99亿美元，占据17.6%市场份额。Bourne Optical Holdings Limited (Bourne Optics) plans to list on the main board of the Hong Kong Stock Exchange, with co-sponsors JPMorgan Chase, HSBC and China International Capital Corporation.
The appearance structure and module scheme of smart devices rank first in the industry.
The market size of glass used in the global smartphone appearance structure and module solutions industry by shipping value will grow at a CAGR of about 11.9% from 2015 to 2020 and is expected to reach US $16.52 billion by 2025. On the contrary, the market size of the industry's use of plastics and metals will continue to decline.
Source: prospectusFounded in 1987, Bourne Optics is the world's leading provider of smart device appearance structure and module solutions. The company mainly produces glass panels, glass back panels, touch modules, fingerprint sensor modules and luxury brand mechanical watch covers. Its products are used in smartphones, tablets, AR and VR glasses and cars. At present, Bourne Optics has 239 utility model patents, 20 invention patents and 1 design patent in China.
Source: prospectus
Bourne Optics ranks first in the global smart device appearance structure and module solutions industry by shipping value in 2020, with about US $4.299 billion, accounting for 17.6% of the market share.
Source: prospectusBourne Optics is currently the world's largest manufacturer of glass panels. Manufacturers of mobile phones with brands such as Apple, Samsung, Xiaomi and Lenovo are all their customers, with a global market share of more than 60%. The total annual output value of the two major production bases in Shenzhen and Huizhou is as high as 30 billion yuan.
Achieve a 70% profit increase by leaps and bounds
Source: prospectusFor the years ended March 31, 2019, 2020 and 2021, Bourne Optics's income was HK $31.622 billion, HK $27.463 billion and HK $29.913 billion respectively, while Bourne Optics's annual profits were HK $1.544 billion, HK $1.85 billion and HK $3.16 billion, respectively, an increase of 19.9% and 70.80% over the same period last year, of which the profits attributable to the company's equity shareholders were HK $1.544 billion, HK $1.856 billion and HK $3.158 billion respectively.
Source: prospectusFor the years ended March 31, 2019, 2020 and 2021, Bourne Optics had gross margins of 22.2%, 25.0% and 27.2%, respectively.
Source: WindThe gross profit margin of electronic components sales is basically the same as that of Lance Technology, leading in the industry.
Source: prospectusAs at the latest practicable date, Bourne Optics is 51% owned by Yang Jianwen, executive director and controlling shareholder of Bourne Optics, and 49% owned by Lin Huiying. Bourne Optics is a related person of our company.
