Recently, Zhishang Technology released its 2023 annual report and 2024 first quarter report. Zhishang Technology will achieve operating income of approximately 502 million yuan in 2023, a year-on-year decrease of 12.81%; net profit attributable to listed companies is 73 million yuan, a year-on-year decrease of 37.72%; total assets are 2.698 billion yuan, a year-on-year increase of 12.9065 yuan; net assets attributable to shareholders of listed companies are 2.515 billion yuan, a year-on-year increase of 234.44%.
In the first quarter report of 2024, Zhishang Technology achieved operating income of approximately 174 million yuan, a year-on-year increase of 40.7%.Zhishang Technology will be listed on the GEM in July 2023, stock code: 301486.
Shenzhen Zhishang Technology Co., Ltd. (301486) focuses on the R&D and manufacturing of precision electronic components, and is committed to the R&D of consumer electronics, communication electronics, and automotive electronics components such as game consoles, VR/AR equipment, and professional audio. , design, production and sales.
At present, the company's products have formed a layout with precision components for game consoles and VR/AR equipment as the core, and electronic connectors and optical fiber connectors as important components.
The company has a complete quality management system and has passed ISO9001 quality management system certification, ISO14001 environmental management system certification, IATF16949 quality management system certification, GJB9001C quality management system certification, IECQ quality certification, German VDE safety certification and American UL safety certification, etc. international and domestic Standard system certification, and has passed the qualified supplier certification of well-known Japanese companies N Company, META and SENKO and other internationally renowned companies, and has strong market competitiveness.
As a leading domestic supplier of game consoles and VRAR components, Zhishang Technology is currently a qualified supplier for well-known domestic and foreign companies such as N Company, META, Goertek, Foxconn, and Tefa Information.
AR/VR parts supply capabilities
Zhishang Technology's precise positioning controller (Joy-stick) product has successfully passed Meta certification in 2020, and is used in the control handles of Meta's Oculus brand VR/AR products, and has been supplied in batches.
Figure: Oculus product control handle parts
Precision positioning controller (Joy-stick) and joystick series products are the core components of AR/VR control handles, which are used frequently and are easy to wear. The key technology of Zhishang Technology's precise positioning controller has significantly improved the product drift problem, and has obtained patent authorization in China and Japan. The product is small and lightweight, has high reset accuracy, has a service life of more than 20 million times, and can be used in VR/ Fields such as AR, drones, and telemedicine that require precise positioning and real-time remote control have high technical barriers to entry.
Zhishang Technology is also developing a variety of connector-related products for the AR/VR field:
Picture: Some of the projects under research by Zhishang Technology
Zhishang Technology’s end customers are mainly well-known Japanese companies such as N Company, Sony, META and other brands. Its direct customers are mainly manufacturing service companies such as Foxconn and Goertek. The game console parts and electronic connectors produced by the company are sold through Foxconn and Goertek and others integrate other functional parts to form a complete product, which is ultimately supplied to end customers. At the same time, we have also established direct cooperative relationships with customers such as SENKO, Tefa Information, CVTE, Amphenol, Behringer, and Feida Audio.
The original article was first published on the WeChat official account (Aibang VR Industry News)：Meta parts supplier——Zhishang Technology (301486)
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