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Union OptechLtd (SZSE:300691) Earnings and Shareholder Returns Have Been Trending Downwards for the Last Five Years, but the Stock Rises 10.0% This Past Week
Union Optech (300691.SZ): The company's millimeter-wave radar products are technically mature, currently including corner radar, vehicle-road cooperative radar, and in-vehicle vital sign detection radar.
Gelonghui, September 13th | Union Optech (300691.SZ) stated on the investor interaction platform that the company's product matrix in the field of Asia Vets includes in-car lenses, millimeter wave radar and related products, AR-HUD related products, in-car projection products, etc. Among them, the in-car lenses have basically covered mainstream vehicle manufacturers nationwide and some frontline international brand autos through first-tier suppliers. Other products have successively been designated by BYD, FAW Red Flag, NIO Inc, JAC, Dongfeng Liuzhou and many other autos manufacturers, covering over 40 models. The company's millimeter wave radar products are technologically mature, currently including angle radars, V2X
Union Optech's Unit Lands 216 Million Yuan FAW Group Order
Union Optech (300691.SZ): Subsidiary won the designated project of China FAW, with an expected total procurement amount of 0.216 billion yuan.
On September 10, Guanglonghui announced that its subsidiary, Zhongshan Union Automotive Technology Co., Ltd. (hereinafter referred to as 'Union Automotive'), recently received a 'Supplier Nomination Letter' from China FAW Group Corporation Limited (hereinafter referred to as 'China FAW'), and Union Automotive has been identified as the supplier of the rear left millimeter wave radar and rear right millimeter wave radar assembly for some models of China FAW. The procurement cycle for this bidding project is 5 years, with an estimated total procurement amount of 216 million yuan.
Currently, Union Optech (300691.SZ) has not yet launched its own brand of AR/VR products.
On September 10th, Union Optech (300691.SZ) stated on the investor interaction platform that the company has been deeply cultivating the optical industry for nearly 20 years, and its professional lenses and optoelectronic products have formed a good overall layout in high-end security video monitoring, new display, intelligent driving and other fields. In the past few years, the company's product sales had a certain seasonality, but this characteristic has gradually weakened in recent years, mainly due to the organized supply according to the development and purchasing pace of customers. In the field of new display, the company is one of the first domestic enterprises to master ultra-short focus technology and achieve large-scale production. It also took the lead in launching the world's smallest 4K display.
Union Optech (300691.SZ): Professional lenses and optoelectronic products are widely used in the fields of video surveillance, new displays, intelligent driving, etc., and can be used to support aerial imaging technology applications.
On September 10, Union Optech (300691.SZ) stated on the investor interaction platform that the company is a manufacturing enterprise that integrates optical imaging, light display, and light sensing as core technologies for optical system solutions. With years of continuous R&D investment and technological innovation, it has core technologies for optical image stabilization, ultra-precision optical aspheres, freeform surfaces, and optical waveguides. Among them, black light true color imaging and fast focusing technology are world firsts. The company's professional lenses and optoelectronic products are widely used in video surveillance, new displays, smart driving, and other fields, and can support aerial imaging technology applications in specific scenarios.
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