DongGuan YuTong Optical Technology Co., Ltd.

DongGuan YuTong Optical Technology Co., Ltd. is a manufacturing company listed on the ChiNext board of the Shenzhen Stock Exchange since 2019. The company specializes in the development and production of optical technology products, focusing on intelligent security, intelligent driving, smart home solutions, machine vision, and new consumption applications. With a strong emphasis on scientific and technological innovation, YuTong has established a comprehensive intellectual property system and a robust research and development team. The company's main business lines include intelligent security systems utilized in smart cities and home security, optical products for intelligent driving such as in-vehicle lenses and lidar components, and smart home technologies that integrate various home automation features. YuTong also produces machine vision components for advanced manufacturing and a range of optical lenses for new consumer products like drones and sports cameras. The company has formed strategic partnerships with leading firms in various sectors, enhancing its market position and expanding its operational capabilities across multiple application fields.

(1) Advantages of independent R & D and innovation The company has long focused on scientific and technological innovation and has established a core technology system with independent intellectual property rights and a complete intellectual property protection system. As of the end of the reporting period, the company had a total of 1036 patents (including 232 invention patents, 723 utility model patents, and 81 design patents). Scientific and technological innovation is the source of high-quality innovation and development of the company. The company has always adhered to independent innovation, built a corporate moat by increasing R & D investment, and continued to promote the research and development of high-end products such as large-magnification zooms, smart homes, car lenses and their core components, and machine vision lenses. The company has a R & D team of more than 600 people, and through industry-university-research technical cooperation, jointly builds an innovative practice base for the transformation of industry-university-research achievements, promotes the integration of industry-university-research technologies between enterprises and scientific research institutes, and enhances the comprehensive market competitiveness of products. The company has a CNAS-certified testing laboratory that meets international standards in terms of testing capabilities, management level and technical strength. The laboratory has more than 50 high-precision inspection and testing equipment and more than 100 reliability testing equipment, covering environmental testing, vibration testing, aging testing and other aspects, and can meet the testing needs of various complex products. (2) Advantages of intelligent scale manufacturing and customer resources The combination of the introduction of advanced equipment and self-developed domestic alternative equipment has formed strong automated production capabilities and rapid delivery capabilities through technological innovation and process innovation. The company gives full play to its production capacity advantages, insists on providing high-quality services to customers, and accurately grasps customer needs and market development trends, always regards maintaining brand image and creating brand value as long-term development goals, improves the comprehensive customer service system, and continuously improves service quality. It has accumulated a high reputation and popularity in the industry. In the field of security monitoring, the company has established long-term and stable cooperative relationships with leading companies such as Hikvision, Dahua, and Yushi Technology; in the field of vehicle optics, the company continues to expand the application of its products in mainstream automobile manufacturers, and its products have entered the supply chains of large well-known automobile companies such as BYD, Toyota, Volkswagen, GAC, Geely, Great Wall, Chang 'an, Wuling, and Nissan. (3) Coordinated development in multiple application fields to expand growth space The company has established a relatively solid market leading position in the field of security, strategically deploying intelligent driving fields such as car lenses, car HUD, lidar, and smart lights. At the same time, the company has successfully blocked new consumer areas, and distance-extending lens products have entered the head brand. Mobile phone manufacturers, lenses and glass aspheric lenses are used in sports cameras, drones, AI glasses, etc. The products have been widely recognized by the market, achieving breakthroughs and strategic extensions in the field of new consumer optics. The overseas business structure continues to be optimized, laying a solid foundation for the company's future profit growth. (4) Strengthen the level of information management and improve operational efficiency Management innovation capabilities determine the operational efficiency of an enterprise. In order to further improve the company's scientific management and information management level and improve business collaboration efficiency, the company promotes the construction of an information security management system that conforms to ISO27001 international standards, and further expands the digital landscape. The Kingdee system management platform was introduced to realize management functions including financial management, asset management, cost management, supply chain, manufacturing and other management functions, improving the overall production execution and management efficiency; the MES system was independently developed and successfully applied in key product lines; Continuously develop and improve SRM and WMS systems, and complete the connection of relevant business data; subsidiary Jiuzhou Optical successfully implemented MES and launched it. (5) Implement incentive plans to enhance team cohesion The company has a management, technical, production and sales team with deep understanding of the industry and rich experience. The company adheres to the values of "harmony and win-win, respect for human nature". In order to fully mobilize the enthusiasm of the company's managers and core team members, and effectively combine the interests of shareholders, the company and the personal interests of operators, the company has implemented the 2025 Restricted Stock Incentive plan and the 2025 employee stock ownership plan will further enhance the cohesion and creativity of employees, and enhance the company's management level and sustainable competitiveness.