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Optimistic Investors Push Union Optech Co.,Ltd. (SZSE:300691) Shares Up 31% But Growth Is Lacking
Union Optech Co.,Ltd.'s (SZSE:300691) Market Cap Rose CN¥417m Last Week; Individual Investors Who Hold 48% Profited and so Did Insiders
Union Optech (300691.SZ): The smart manufacturing project of new display and smart clothing products is expected to be completed and put into production, achieving an annual production of 18 million sets of automotive lenses.
Union Optech (300691.SZ) stated on the investor interaction platform on August 15 that in 2023, the company will drive the R&D and sales of AR/VR business with market-oriented approach. Several new models developed have been recognized by customers and the market, promoting the sales volume of AR/VR integrated machines to exceed 0.3 million units and achieving remarkable revenue growth. Currently, the company's AR/VR business orders are stable and maintaining a positive development momentum. In addition, the raised funds project, the "New display and smart clothing project", is being constructed in an orderly manner according to the established plan, and is expected to produce 18 million sets of vehicle-mounted lenses annually after reaching production capacity.
Union Optech (300691.SZ) has the technical and production capabilities for Asia Vets glasses, and currently has a small supply of products.
Union Optech (300691.SZ) stated on the investor interaction platform on August 15th that the company is one of the first hardware manufacturers in the domestic metaverse. It has accumulated core technologies of AR/VR related hardware products such as optical waveguide, fresnel lens, pancake, etc. through years of continuous investment. The company has the technology and production capacity for intelligent glasses, and there are currently a small number of products in supply, but the current business volume of the product is small, and the impact on the company's performance is limited. In addition, based on commercial confidentiality principles, some customer information is not easy to disclose.
The "Domestic Vision Pro" has passed 3C certification and will be sold for 1499 yuan. The target sales volume for this year is 0.5 million units.
On the afternoon of August 15th, Sina Technology News reported that Vision SE, also known as the domestic version of Vision Pro VR headset, passed the new version of 3C certification on July 30th. The manufacturer is Shenzhen Yijing Virtual Reality Technology Co., Ltd. and the producer is Zhongshan Union Optech Co., Ltd. According to the certificate page, Vision SE has two models: AppleCore_16X with a camera and AppleCore_16XS without a camera. The equipped charging head supports a maximum of 5V/3A. Vision SE is available on Taobao.
Union Optech (300691.SZ): Currently maintains a stable cooperation with Xiaopai Technology.
Union Optech (300691.SZ) stated on the investor interaction platform on August 14th that the Guangdong United Microelectronics Equity Investment Limited Partnership, in which the company participates in investment, holds 4.945% of the shares in Xiao Pai Technology (Shanghai) Co., Ltd. The company currently maintains stable cooperation with Xiao Pai Technology.
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