PDF《Sunny Optical Technology ( Group )》

demands. In the meantime, while dual-camera has become a standard configuration for high-end smartphones, the trend of triple-camera is emerging. The increase in the number of cameras carried by smartphones and the upgrade and update of specification have driven the growth of the industry, which will also put forward higher technical requirements for major handset lens set and handset camera module manufacturers. The Group, as a global leading supplier of handset lens sets and handset camera modules, will benefit from its strong capability of independent innovation, sound industrial integration and scale advantages. Owing to the upgrade of intelligent high-end vehicles and driven by relevant laws and regulations, the demand for vehicle lens sets was still in the period of high-speed growth, and its penetration rate and adoption rate have also been further increased. On the one hand, not only have the United States, Europe and Japan introduced relevant laws and regulations, the PRC government has also accelerated the implementation of related policies on autonomous driving. In the

2018 New Car Assessment Programme ( NCAP ), China included for the first time multiple evaluation indicators of active safety needs. At the same time, the environment of China'

s internet of vehicles has gradually been formed with tremendous market potential. With the increase in the penetration rate of ADAS, the market of vehicle cameras will gradually be extended to mid- to low-end vehicle models from purely for high-end vehicle models. Coupled with the coming of the era of semi-autonomous and fully autonomous driving, consumers will become more dependent on vehicle imaging and sensing systems, and the number of cameras installed on each vehicle will continue to increase and the specifications will become more complicated. At present, the Group steadily occupies the first place in the global market share of vehicle lens sets. It is believed that the Group will continue to benefit from the booming development of vehicle camera industry and further increase its market share.

4 For the optical instruments market, with the growing demand for downstream applications, as well as the development of electronic technology and computer industry, the whole instruments market showed positive momentum. In rece........