舜宇光学科技二零二三年中期报告

2023Interim Report中期報告 CORPORATE PROFILE公司簡介 SunnyOptical Technology(Group)Company Limited(the “Company”or“Sunny OpticalTechnology”,together with its subsidiaries,the“Group”)(Stock Code:2382.HK)is agloballeading integrated optical components and products manufacturer.The Group isprincipally engaged in the design, research and development (the “R&D”), manufacture andsalesof optical and optical-related products.Such products include optical components(suchas vehicle lens sets,optical parts of vehicle light detection and ranging(“LiDAR”),virtual reality (“VR”) positioning lens sets, handset lens sets, glass spherical lenses and otheroptical components) (the “Optical Components”), optoelectronic products (such as vehiclemodules,VR visual modules,handset camera modules,the red,green,blue and depth(“RGBD”) modules and other optoelectronic modules) (the “Optoelectronic Products”) andoptical instruments (such as intelligent inspection equipment and microscopes) (the “OpticalInstruments”). The Group focuses on the optoelectronic-related products that combine optics,electronics, algorithm and mechanical technologies in the application fields such as vehicles,VR/augmented reality (“AR”), robots and handset. 2382.HKVRVRRGBDVRAR CONTENTS目錄 Corporate Profile2Financial Summary3Management Discussion and Analysis27Other Information42Report on Review of Condensed ConsolidatedFinancial Statements44Condensed Consolidated Statement ofProfit or Loss and Other Comprehensive Income46Condensed Consolidated Statement ofFinancial Position48Condensed Consolidated Statement ofChanges in Equity50Condensed Consolidated Statement ofCash Flows53Notes to the Condensed ConsolidatedFinancial Statements99Corporate Information Financial Summary MAIN FINANCIAL INDEXES FOR THE FIRST HALF OF 2023 Renminbi (“RMB”) Management Discussion and Analysis MARKET REVIEW COVID-19 Looking back to the first half of 2023, the global economic recoveryremainedchallenging.The complicated and changeable externalenvironment brought great challenges to the recovery of the globaleconomy. However, as the measures for the prevention and controlofcoronavirus disease 2019(“COVID-19”)were fully lifted in thePeople’sRepublic of China(the“PRC”or“China”),the economyobserved a slow recovery. Nevertheless, since the “scarring effect”caused by the epidemic on the economy still had a profound impacton the consumption, investment and the labor market, the economicmomentum was significantly weaker than market expectations, andpeople from all walks of life suffered challenging tests. ADAS In the first half of 2023, the supply chain issue of the global automobileindustry had eased, but in terms of demand, as the world’s largestmarket,China was trapped in a dilemma of sluggish demand.However, it was worth pleasing that with the continuous progress oftechnology and the strong support of policies, the sales volume ofnew energy vehicles continued to rise, and their overall penetrationrate also increased rapidly. Meanwhile, along with the acceleration ofthe “Electrification, Networking and Intelligence” trend of automobiles,thecontinuous upgrading of advanced driver assistance systems(“ADAS”) functions, and the rapid iteration of smart driving systemsand intelligent cockpit, the global automotive industry had ushered in agood opportunity to leap from level 2 autonomous driving to the level3/level 4, which led to the increasing popularization and expansion ofthe application of vehicle cameras, LiDAR and other optical products,with promising prospects for future growth. VR/ARVRVR/AR Affectedby the sluggish global economic recovery,the marketdemand for VR/AR products was not optimistic. The sales of high-end products were not satisfactory, and low-cost equipment modelshad yet to be launched. The shipments of VR head-mounted displaydevices in the first half of 2023 recorded a significant decrease year-on-year. Nevertheless, the display, perception and interaction featureson some new products brought new experiences to users, coupledwith the progress of content ecosystem, expecting to further drive thedevelopment of the global VR/AR industry. Management Discussion and Analysis IDC533,900,00011.1% Inthe smartphone market,consumers once again extended thereplacement cycle, market demand continued to be under pressureand shipment volume was still on a downward trend. According tothe latest report issued by International Data Corporation (“IDC”), amarket analyst firm, the global shipment volume of smartphones in thefirst half of 2023 was approximately 533,900,000 units, representing adecrease of approximately 11.1% as compared to the correspondingperiodof last year.However,with the new shape and subvertedexperience, the popularity of foldable phones continued to rise, andall smartphone brand manufacturers were seeking breakthroughs inweight, thickness, performance and battery life, which had becomeanimportant starting point for entering the high-end smartphonemarket.At the same