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Union Optech Co., Ltd. (China)

Main Activities: Optical Instrument and Lens Manufacturing
Full name: Union Optech Co., Ltd. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Union Optech Co., Ltd., located in Zhongshan, was established in August 2005 at the Torch Development Center. The company has focused on technological innovation and research and development, and has developed a complete business system that includes the design and development of optoelectronic products, ultra-precision processing, and intelligent manufacturing. Union Optech is at the forefront of the Chinese optical lens manufacturing industry in terms of technological innovation and new product development. It is the only independent enterprise in China that has independently developed and mass-produced optical image stabilization, ultra-high magnification zoom lenses, and ultra-high-definition 4K laser displays. It holds the highest market share in the world for high-magnification, high-definition security zoom lenses. The company has the Guangdong Optics Imaging (Union Optech) Engineering Technology Research Center and the Guangdong Enterprise Technology Center. It is also in the process of establishing the Guangdong Precision Optics Imaging Engineering Laboratory. Union Optech focuses on building innovation platforms and an independent intellectual property system. It has independently developed new technology products and has applied for over 700 optical-related patents. The company has established cooperative relationships with research and development institutions and strategic partners, combining project development with basic and applied research. Union Optech is committed to research and development, with over 30% of its employees dedicated to R&D. Its annual R&D investment exceeds 8% of its sales revenue. Union Optech is a leader in the domestic and international markets for the research, development, and manufacturing of high-definition laser displays, high-end optical zoom lenses, SLR camera lenses, and mobile phone camera lenses. The company can quickly provide customized optical product solutions for its customers. Its products are widely used in 4K laser displays, video surveillance, smart terminals, in-car imaging systems, video conferencing, digital cameras/camcorders, and virtual reality (VR) products. Union Optech has become an important partner for well-known customers such as Honghe Technology, BYD, Logitech, DxO, AXIS, Cognex, Panasonic, Hitachi, Epson, and Sony. Thanks to continuous independent innovation and research and development investment, the company has experienced rapid growth in its business scale. On August 11, 2017, Union Optech successfully listed on the ChiNext board of the Shenzhen Stock Exchange.

Headquarters
1-3F 10 Yiwei R. Huoju Dev. Zone Zhongshan Guangdong
Zhongshan; Guangdong; Postal Code: 528437

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Website: http://www.union-optech.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
August 18, 2005
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Director
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General Manager
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Deputy General Manager
Ownership Details
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22.76%
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6.49%
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6.15%
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5.12%
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4.38%
Subsidiaries
Chengdu Lianjiang Technology Co., Ltd.
100%
United Optoelectronics (Hong Kong) Co., Ltd.
100%
Wuhan Lianyi Heli Technology Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Union Optech Co., Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
15.94%
Total operating revenue
15.29%
Operating profit (EBIT)
N/A
EBITDA
-47.74%
Net Profit (Loss) for the Period
N/A
Total assets
4.46%
Total equity
-1.2%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-0.65%
Quick Ratio
0.57%
Cash Ratio
-0.12%

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