Sunny Optical Technology (02382.HK) Top in Optical business, the multi-point layout of emerging businesses June 24, 2021 675

PSR Recommendation: ACCUMULATE Status: Initiation
Target Price: HKDHKD247.80

Investment Summary
Yuyao Country Second Optical Instruments Factory, the predecessor of SUNNY OPTICAL was
found in 1984 and was listed on the main board of the Hong Kong Stock exchange in June
2007. The company is principally engaged in the design, research and development,
manufacture, and sales of optical and optical-related products. At present, the company has
formed eight business sectors: mobile phone business, automobile business, security business,
microscopes business, robot business, AR/VR business, industrial detection business and
medical detection business. Among them, the market share of handset lens sets (HLS) ranks
No. 1 in the world in 2020, the market share of vehicle lens sets (VLS) ranks No.1 in the world
for many years, and the headset camera modules (HCM) ranks Top 2 in the world.

About the author

Profile photo of Samuel Sung

Samuel Sung
Analyst
Research

宋承軒先生 (Samuel Sung) 分析師 宋承軒先生本科畢業於香港科技大學數學系,以優異成績畢業於英國紐卡素大學獲取國際金融分析碩士學位。宋先生現為輝立証券持牌分析師,主要覆蓋TMT行業。 Samuel Sung graduated from Hong Kong University of Science and Technology with BSc in Mathematics and obtained Master’s Degree with distinction in International Financial Analysis from Newcastle University. Samuel is currently a licensed research analyst at Phillip Securities and covers the TMT sector.

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