On June 28, Obi Zhongguang (688322.SH) opened the subscription, the subscription price is 30.99 yuan per share, and the subscription limit is 6,000 shares, which belong to the Science and Technology Innovation Board.CITIC Construction Investment SecuritiesandCICCas its joint sponsor.
The company is one of the few companies that takes the lead in carrying out systematic research and development of 3D visual perception technology in China, independently develops a series of deep engine digital chips and a variety of special photosensitive analog chips, and realizes the industrial application of 3D visual sensors. It is one of the few companies in the market that can provide The company with core independent intellectual property rights of 3D visual perception products is also one of the few companies in the world that comprehensively deploys six major 3D visual perception technologies (structured light, iToF, binocular, dToF, Lidar and industrial 3D measurement). As of the end of the reporting period, only a few companies in the world that have mastered core technologies and achieved mass production of millions of area-array 3D vision sensors, such as Apple, Microsoft, Sony, Intel, Huawei, Samsung, and Aobi Zhongguang.
The company’s main business is the design, research and development, production and sales of 3D visual perception products. 3D visual perception technology is in the early stage of application development. The company relies on 3D visual perception integrated scientific research and production capabilities and innovation platforms to continuously incubate and expand new 3D visual perception technologies. Perception product line. During the reporting period, the company’s main products include 3D vision sensors, consumer-grade application equipment and industrial-grade application equipment.
With the gradual upgrade of 2D imaging to 3D visual perception, the 3D visual perception market is in the early stage of rapid growth in scale. According to the global 3D imaging and sensing market research report released by Yole, a French market research and strategy consulting company, the global 3D visual perception market size in 2019 is 5 billion US dollars, and the market size will develop rapidly, and it is expected to reach 15 billion US dollars in 2025. The compound growth rate from 2019 to 2025 is about 20%.
In terms of finance, during the reporting period, the company’s operating income was about 600 million yuan, 259 million yuan and 474 million yuan respectively. After the rapid growth of the company’s operating income in 2019, the year 2020 dropped by 56.62% compared with 2019, mainly due to the impact of the new crown epidemic, the company’s terminal application of 3D vision sensors for offline payment demand temporarily decreased, resulting in a decline in operating income. In 2021, with the weakening of the impact of the epidemic, the demand for offline payment scenarios will gradually recover, and at the same time, sub-scenarios such as service robots and smart door locks will penetrate and develop, and the company’s operating income will increase by 83.11% over the previous year.
Among them, 3D vision sensor is the core business of the company, and its business income is about 517 million yuan, 120 million yuan, and 353 million yuan respectively, and its revenue ratio is 86.84%, 71.28% and 76.65% respectively. In 2019, the application of 3D visual perception technology in the field of biometric identification developed rapidly. In 2020, due to the impact of the new crown epidemic, its penetration rate temporarily slowed down. In 2021, as the impact of the epidemic weakens, the demand for offline payment scenarios will gradually recover, and at the same time, sub-scenarios such as service robots and smart door locks will penetrate and develop, and the company’s 3D vision sensor revenue will increase.
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