(Translated by https://www.hiragana.jp/)
Sunny Optical - Wikipedia Jump to content

Sunny Optical

From Wikipedia, the free encyclopedia
Sunny Optical Technology (Group) Co. Ltd.
Company typePublic
ISINKYG8586D1097 Edit this on Wikidata
IndustryOptics manufacturing
Predecessor
  • Yuyao City Second Optical Instruments Factory
  • Yuyao City Zhonglida Optoelectronic Company
Founded21 September 2006; 18 years ago (2006-09-21) in Grand Cayman
FounderWang Wenjian[1]
Headquarters
Ningbo, China(de facto)
Grand Cayman,
the Cayman Islands		(registered office)
Area served
Exported worldwide
Key people
Ye Liaoning (Chairman)
RevenueIncrease US$5.477 billion[2] (2019)
Increase US$578 million[2] (2019)
Total assetsIncrease US$4.406 billion[2] (2019)
Total equityIncrease US$1.802 billion[2] (2019)
Number of employees
Decrease 16,535 FT employees (2018)
Chinese name
Simplified Chinese舜shùn宇yŭ光guāng学xué科kē技jì（集jí团tuán）有yoŭ限xiàn公gōng司sī
Traditional Chinese舜shùn宇yŭ光guāng學xué科kē技jì（集jí團tuán）有yoŭ限xiàn公gōng司sī
Transcriptions
Standard Mandarin
Hanyu Pinyinshùnyǔ guāngxué kējì (jítuán) yǒuxiàn gōngsī
Sunny Optical
Simplified Chinese舜shùn宇yŭ光guāng学xué
Traditional Chinese舜shùn宇yŭ光guāng學xué
Transcriptions
Standard Mandarin
Hanyu Pinyinshùnyǔ guāngxué
Yue: Cantonese
Jyutpingseon3 jyu5 gwong1 hok6
Sunny
Chinese舜shùn宇yŭ
Transcriptions
Standard Mandarin
Hanyu Pinyinshùnyǔ
Yue: Cantonese
Jyutpingseon3 jyu5
RatingBaa2 (Moody's, October 2019)[3]
Websitewww.sunnyoptical.com/en/
Footnotes / references
In consolidated financial statement; equity and profit excluding minority interests; in Hong Kong Financial Reporting Standards[4]

Sunny Optical Technology (Group) Company Limited, known as Sunny Optical or just Sunny is a Chinese civilian-run enterprise[5] and listed company that produces optical lenses.[6]

Headquartered in Yuyao, Ningbo, Zhejiang Province, Sunny Optical Technology designs, manufactures, and sells optical devices,[6] including lens modules, camera modules, photoelectric vision products, microscopic, analytical and surveying instruments.[7] It is a supplier to major Chinese smartphone brands including Huawei, Oppo and Vivo.[8]

History

[edit]

Predecessors

[edit]

According to the company itself, the predecessor of Sunny Optical was founded in October 1984[9]: 29–30  as Yuyao County Second Optical Instruments Factory (Chinese: 余yú姚yaó县xiàn第dì二èr光guāng学xué仪yí器qì厂chăng) in Yuyao County, Zhejiang Province.[10] Since 1985 Yuyao became a county-level city, thus the factory was renamed to Yuyao City Second Optical Instrument Factory . The factory started its partnership with the Zhejiang University in 1988,[10] and renamed as Yuyao City Second Optical Instrument Factory Zhejiang University Optical Instrument Faculty Yuayo Optoelectronic Instrument Factory (Chinese: 余yú姚yaó市shì第dì二èr光guāng学xué仪yí器qì厂chăng浙zhè江jiāng大dà学xué光guāng仪yí系xì余yú姚yaó光guāng电diàn仪yí器qì厂chăng) in 1989.[9]: 29–30  It was also known as Yuyao Optoelectronic (Chinese: 余yú姚yaó光guāng电diàn).[9]: 29–30  At that time, the university designed the optics and the factory manufactured them.[11]

In 1993, Yuyao Optoelectronic and other co-founders, incorporated Yuyao City Zhonglida Optoelectronic Company (Chinese: 余yú姚yaó市shì众zhòng利lì达dá光guāng电diàn公gōng司sī).[12]: 88  At that time, Zhonglida was a village collective enterprise. Out of 118 natural person shareholders, only Wang Wenjian (Chinese: 王wáng文wén鉴jiàn) and Lu Benxu (Chinese: 鲁lŭ本běn绪xù; pinyin: Lǔ Běnxù) owned more than 3% stakes at that time.[12] While Yuyao Optoelectronic, owned one-fifth of the share capital of Zhonglida.[12]: 88  In 1994 Yuyao Optoelectronic was converted into a joint-stock limited company. The employees of the factory, presented by the staff shareholding committee, owned 52.28% shares of Yuyao Optoelectronic at that time.[12]: 89  A subsidiary of the Zhejiang University: Zhejiang University Optoelectronic Technology Development Company (Chinese: 浙zhè大dà光guāng电diàn技jì术zhú开kaī发fā公gōng司sī), was the second largest shareholder, for 19.44% stake.[12]: 89 

After 1996 capital increase, Yuyao Optoelectronic owned 51.06% shares of Zhonglida.[12]: 90 

Zhonglida was renamed to Zhejiang Sunny Limited (Chinese: 浙zhè江jiāng舜shùn宇yŭ有yoŭ限xiàn公gōng司sī; pinyin: Zhèjiāng shùnyǔ yǒuxiàn gōngsī) in April 2000.[12] Yuyao Optoelectronic ceased to be the parent company of Zhejiang Sunny in April 2000, sold 51.06% shares of Zhejiang Sunny to the aforementioned Staff Shareholding Committee.[12]: 90  Zhejiang Sunny was renamed to Sunny Group Limited (Chinese: 舜shùn宇yŭ集jí团tuán有yoŭ限xiàn公gōng司sī) in May 2000.[9]: 27 

According to media, Wang Wenjian was the founder of the factory in 1984.[1][13] As of 2018, Wang Wenjian was a Non-Executive Director and the Honorary Chairman of the listed company.[4]: 47  Wang Wenjian has no relation to Wang Wenjie (Chinese: 王wáng文wén杰jié),[1] an executive director and Standing Vice-president of the company.[4]: 46 

Sunny Optical Technology (Group)

[edit]

The current holding company of the group, Sunny Optical Technology (Group) Company Limited, was incorporated in the Cayman Islands on 21 September 2006, as an exempted company.[12]: 101, 103 

Sunny Optical became a listed company in 2007.[14] It became a component of the blue-chip index the Hang Seng Index in 2017.[15]

Despite often misreported as a supplier of Apple Inc., Sunny Optical is not a supplier of Apple's handset lens supply chain. Analysts of Citigroup also stated Sunny Optical is not interested to join Apple's supply chain, "given its focus on China brands and Samsung so far[.]".[16] It was rumoured that Sunny passed the qualification to be Apple's supplier for 2020.[17][18]

References

[edit]
  1. ^ a b c Feng, Venus; Dong, Emma; Mak Pei-yi; Leung, Adrian (6 June 2018). "A 9,500% Stock Surge Turns Janitors Into Millionaires in China". Bloomberg News. Retrieved 3 February 2020.
  2. ^ a b c d "Sunny Optical Technology (Group) Co., Ltd". Nikkei. December 2019. Retrieved 3 March 2020.
  3. ^ "Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Sunny Optical Technology (Group) Company Limited" (Press release). Hong Kong: Moody's Investors Service. 19 October 2019. Retrieved 3 February 2020.
  4. ^ a b c 2018 Annual Report (PDF) (Report) (in English and Chinese). Sunny Optical Technology. April 2019. Retrieved 3 February 2020.
  5. ^ 舜shùn宇yŭ光guāng学xué科kē技jì校xiaò招zhaō启qĭ动dòng在zaì即jí，全quán方fāng位weì揭jiē开kaī企qĭ业yè神shén秘mì面miàn纱shā. China.com.cn (in Chinese (China)). 18 September 2017. Archived from the original on February 5, 2020. Retrieved 5 February 2020 – via XinhuaNet.
  6. ^ a b "Sunny Optical Technology (Group) Co., Ltd". Nikkei Asian Review. Retrieved 5 February 2020.
  7. ^ "2382.HK | Sunny Optical Technology Group Co. Ltd. Company Profile & Executives". The Wall Street Journal. Retrieved 5 February 2020.
  8. ^ Perez, Bien (10 July 2017). "Sunny Optical handset lens shipments rise on selfie demand". South China Morning Post. Hong Kong. Retrieved 4 February 2020.
  9. ^ a b c d "Definitions". Global Offering (PDF) (Prospectus). Sunny Optical Technology. 4 June 2007.
  10. ^ a b 舜shùn宇yŭ历lì史shĭ (in Chinese (China)). Sunny Optical Technology. Retrieved 3 February 2020.
  11. ^ Wang Wenjian (3 December 2014). 一yī种chóng无wú往wăng不bù利lì的de合hé作zuò：厂chăng校xiaò联lián袂meì. 雄xióng关guān似sì铁tiě 惊jīng涛taō如rú歌gē (in Chinese (China)). Sunny Optical Technology. Retrieved 4 February 2020.
  12. ^ a b c d e f g h i "History, Reorganisation and Group structure". Global Offering (PDF) (Prospectus). Sunny Optical Technology. 4 June 2007.
  13. ^ 大dà立lì光guāng最zuì大dà敵dí人rén！6萬wàn人rén民mín幣bì起qĭ家jiā的de舜shùn宇yŭ光guāng學xué如rú何hé崛jué起qĭ？. 今jīn周zhoū刊kān [Business Today] (in Chinese (Taiwan)). Taipei. 30 May 2018. Retrieved 4 February 2020.
  14. ^ Li, Sandy (28 May 2007). "Sunny Optical targets HK$1b offer". South China Morning Post. Hong Kong. Retrieved 3 February 2020.
  15. ^ 國guó泰taì航háng空kōng被beì剔tī除chú藍lán籌choú 舜shùn宇yŭ光guāng學xué及jí碧bì桂guì園yuán染răn藍lán. stheadline.com (in Chinese (Hong Kong)). Hong Kong: Sing Tao News Corporation. 10 November 2017. Retrieved 3 February 2020.
  16. ^ Chen Cheng-hui (26 August 2019). "Samsung orders a positive sign for Largan: Citigroup". Taipei Times. Retrieved 4 February 2020.
  17. ^ 張zhāng漢hàn綺qĭ (18 December 2019). 吃chī蘋pín果guŏ威weī脅xié台taí廠chăng？舜shùn宇yŭ光guāng學xué短duăn期qī辦bàn不bù到daò. 《科kē技jì》section. 中zhōng時shí電diàn子zĭ報baò [China Times] (in Chinese (Taiwan)). Taipei. Retrieved 4 February 2020.
  18. ^ 余yú劲jìng同tóng [Yu, Gin] (15 October 2019). "Company Report:Sunny Optical (02382 HK)" (PDF) (Press release). Hong Kong: Guotai Junan Securities. Retrieved 4 February 2020.
[edit]
  • Official website
  • Business data for Sunny Optical:
Retrieved from "https://en.wikipedia.org/w/index.php?title=Sunny_Optical&oldid=1239712747"