Summary by Moomoo AI
SHUNYU OPTICAL TECHNOLOGY ISSUED A PROFIT WARNING, PREDICTING THAT FULL-YEAR SHAREHOLDERS' EARNINGS IN 2023 WILL FALL BY APPROXIMATELY 50% TO 55% COMPARED TO 2022. The decrease was mainly due to weak demand in the global smartphone market, intense industry competition and declining smartphone camera distribution trends. The company said that this is based on a preliminary assessment of the unaudited management accounts, and the final audited results will be announced no later than mid-March 2024. Shareholders and potential investors should act with caution.