Summary by Moomoo AI
SHUNYU OPTICAL TECHNOLOGY IN ITS MAIN PRODUCT SHIPMENTS ANNOUNCEMENT FOR DECEMBER 2023 SHOWED THAT MOBILE PHONE LENS SHIPMENTS ROSE BY 47.7% YEAR-ON-YEAR AND VEHICLE LENS SHIPMENTS DECREASED BY 30.5% YEAR-ON-YEAR. The company noted that the increase in mobile phone lens shipments was mainly due to weak demand in the smartphone market during the same period last year, which led to lower margins. In addition, mobile camera module shipments increased by 27.5% year-on-year. Other products such as glass spherical lens ring increased 35.1%, but other lens photovoltaic products decreased by 40.8% year-on-year. The Board of Directors is jointly and individually responsible for the accuracy of the announcement and was announced on 9 January 2024 on behalf of Mr. Ye Liaoning by Chairman and Executive Director.