Hongjing Optoelectronics has submitted an IPO registration on the GEM, specializing in optical lenses and camera module products.

On November 25th, Guangdong Hongjing Optoelectronic Technology Co., Ltd. (referred to as Hongjing Optoelectronics) applied for a change in the IPO review status of the Shenzhen Stock Exchange's Growth Enterprise Board to "registration submitted." Shenwan Hongyuan Group is its sponsor, and the company plans to raise 487.65 million yuan. According to the prospectus, Hongjing Optoelectronics is a high-tech enterprise specializing in the research, design, production, and sales of optical lenses and camera modules, dedicated to providing professional optical imaging and video imaging solutions in the global optoelectronics field, creating greater value for customers and enriching people's lifestyles. The company's main products include intelligent automotive optical lenses and camera modules, as well as emerging consumer optical lenses and camera modules, with the former applied in smart cockpits and smart driving, and the latter in smart homes, panoramic/sports cameras, and other products. Since its establishment, the company has focused on the research, design, production, and sales of optical lenses and camera modules, and after more than ten years of business development and technological accumulation, it has built a strong competitive advantage and a good corporate image in the industry, as well as accumulated a wealth of high-quality customer resources. In the field of intelligent vehicles, according to the TSR research report, based on shipment volume, in 2022, the company's market share in the global automotive optical lens market is 3.70%, ranking sixth globally, with a market share of 3.10% in automotive imaging optical lenses, ranking seventh globally, and a market share of 3.70% in automotive imaging and imaging+perception optical lenses, ranking fifth globally. The company's automotive lens products have gained high market recognition with clientele such as Daimler-Benz, Nissan, Honda, Chery, BYD, Geely, Great Wall, ayaya, Weilai, Xiaopeng, and Feifan. The funds raised in this issuance will be invested in the following projects: In terms of finances, in the fiscal years 2021, 2022, 2023, and January to June 2024, Hongjing Optoelectronics achieved operating revenues of approximately 252 million yuan, 446 million yuan, 773 million yuan, and 450 million yuan, respectively. During the same period, the company achieved net profits of approximately 15.25 million yuan, 56.45 million yuan, 116 million yuan, and 68.52 million yuan respectively.