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Should You Be Excited About DongGuan YuTong Optical Technology Co.,Ltd.'s (SZSE:300790) 7.8% Return On Equity?
dongguan yutong optical technology (300790.SZ): Shareholder Zhang Pinguang and its concerted action person total shareholding proportion decreased from 15.02% to 13.53% passively.
On November 8th, Gelonghui reported that dongguan yutong optical technology (300790.SZ) announced that the company recently learned that Mr. Zhang Pingguang, a shareholder holding more than 5% of the shares, and its concerted action persons' cumulative shareholding has changed by more than 1%. This equity change is due to the increase in the company's total share capital caused by the cancellation of restricted stock repurchase, concentrated bidding for shareholding reduction, and the conversion of "Yutong Convertible Bonds" by shareholder Zhang Pingguang holding more than 5% of the shares and its concerted action persons. This has resulted in the passive dilution of the total percentage of shares held by shareholders holding more than 5% and their concerted actions. From March 22, 2023, to the date of the announcement, the company's total share capital has changed from 338,380,666 shares to
dongguan yutong optical technology (300790.SZ): The software algorithms developed are mainly used in conjunction with the company's automated production equipment.
Gelonghui November 7th | dongguan yutong optical technology (300790.SZ) stated on the investor interaction platform that the company's main business is engaged in the research and development, production, and sales of optical lenses. The products are used in sectors such as security, smart home, and automotive, positioned in the middle of the industry, providing downstream customers with components for the production of complete machines. The software algorithms developed by the company are mainly used in conjunction with the company's automated production equipment.
dongguan yutong optical technology (300790.SZ): Currently, there is no manufacturing module plan.
Gelonghui November 4th Dongguan Yutong Optical Technology (300790.SZ) stated on the investor interaction platform that the company's operation is based on market demand, its own conditions, and operation strategies. Currently, the mainstream model for automotive lenses is the lens + module approach. The company entered the automotive optical field later than its competitors, and currently has no plans to manufacture modules.
dongguan yutong optical technology (300790.SZ): The company's products are used in civilian drones.
Gelonghui November 1st, dongguan yutong optical technology (300790.SZ) stated on the investor interaction platform that the company's products are used on civilian drones.
Uhitomi Optics: Third Quarter Report 2024
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