Summary by Moomoo AI
SHUNYU OPTICAL TECHNOLOGY'S MAIN PRODUCT SHIPMENT ANNOUNCEMENT FOR JANUARY 2024 SHOWED THAT MOBILE PHONE LENS SHIPMENTS REACHED 103,237 THOUSAND UNITS, AN INCREASE OF 54.8% YEAR-ON-YEAR, MAINLY DRIVEN BY WEAK DEMAND IN THE SMARTPHONE MARKET DURING THE SAME PERIOD LAST YEAR, RESULTING IN A LOWER BASE. Vehicle lens shipments increased by 31.2% year-on-year to 12,048K units and a significant increase of 155.7% year-over-year. This change was mainly due to the increase in domestic new energy vehicle sales and a lower volume base for customers affected by the Christmas holidays in December last year. In addition, mobile camera module shipments increased 52.9% year-over-year to 62,256 thousand units. However, shipments of other lens photovoltaic products and optical instruments for photovoltaic products showed year-on-year declines of 12.0% and 23.8%, respectively. The Company's Board of Directors is jointly and individually responsible for the accuracy of the announcement, which was announced by Chairman and Executive Director Ye Liaoning on 6 February 2024 on behalf of the Board.