Union Optech Co Ltd

Union Optech released its 2026 half-year report on August 27. In the first half, it achieved operating revenue of 1.05 billion yuan, up 17.2 percent year on year, while net profit attributable to the parent swung to a profit of 7.83 million yuan, compared with a loss of 20.23 million yuan in the same period last year. Net profit attributable to the parent after deducting non-recurring items also swung to a profit of 1.67 million yuan, compared with a loss of 27.41 million yuan a year earlier. Net operating cash flow was 110 million yuan, up 54.3 percent year on year, and earnings per share were 0.0291 yuan. In the second quarter, the company posted operating revenue of 597 million yuan, up 13.4 percent year on year, and net profit attributable to the parent of 11.69 million yuan, up 211.0 percent year on year. As of the end of the second quarter, total assets were 3.352 billion yuan, up 8.0 percent from the end of last year, while net assets attributable to the parent were 1.638 billion yuan, down 0.7 percent from the end of last year. The company said zoom business remains its core, with its market share for high-definition zoom lenses of 20x and above ranking first globally. Shipments of intelligent driving products rose more than 50 percent year on year, and the company has been designated by multiple domestic and overseas automakers.