OFILM's merger and reorganization approved by the Shenzhen Stock Exchange, expected to enhance control over the optical core track industry
I'm LongbridgeAI, I can summarize articles.OFILM plans to acquire a 28.2461% stake in OFILM Microelectronics. The merger and acquisition matter has been approved by the Shenzhen Stock Exchange and is pending registration with the China Securities Regulatory Commission. The transaction is priced at 1.463 billion yuan and aims to enhance control over the optical core track. OFILM Microelectronics leads the market share in fingerprint recognition and 3D sensing fields, and the transaction is expected to increase the net profit attributable to the parent company of the listed company after completion
Recently, OFILM plans to acquire a 28.2461% stake in OFILM Microelectronics. The merger and acquisition matter has been approved by the M&A Review Committee of the Shenzhen Stock Exchange, but it still needs to wait for the approval of registration from the China Securities Regulatory Commission. In this merger and acquisition, OFILM intends to price the deal at 1.463 billion yuan and purchase the 28.2461% stake held by Nanchang Chanmeng Investment through the issuance of shares.
OFILM Microelectronics is the only implementation entity for fingerprint recognition modules and 3D sensing module business within the OFILM system, with stable performance. Its ultrasonic fingerprint recognition module has a global market share of over 46%, and the market share of its 3D sensing module reaches 10%, both ranking among the industry leaders. The new ultrasonic fingerprint module, in-vehicle optical sensing module, and machine vision optical sensing module have strong technical barriers in research and industrialization, with ample customer reserves, highly aligned with market growth trends. Financial calculations show that after the transaction is completed, it is expected to enhance the net profit attributable to the parent company of the listed company.
OFILM has been deeply engaged in the robotics sector for many years, gaining high recognition in the cleaning robot industry due to its outstanding innovative technology, high-quality product quality, and efficient collaborative services. OFILM Microelectronics has won a series of supplier awards from Ecovacs and Roborock for many consecutive years, marking the company's leading position in the machine vision field being highly recognized by the industry.
OFILM is a provider of machine vision depth camera system solutions, having built a complete 3D visual perception technology layout and full-stack development capabilities, especially with strong technical strength in the 3D ToF (Time of Flight) direction. Relying on years of accumulation in core technologies such as optoelectronic core components, optical design, depth algorithms, and precision manufacturing, the company has laid out multiple core invention patents in advance. The company has established vertical integration capabilities from module manufacturing, software algorithm development to system integration, and its solutions have achieved large-scale commercial landing in fields such as smartphones, smart cars, home robots, AR/VR, and IoT (Internet of Things).
In the field of home robots, the company's innovative dual TX (transmitting light source) solution helps leading manufacturers of sweeping robots achieve navigation and obstacle avoidance while reducing the overall height to a leading level in the industry, continuously iterating and innovating the architecture. In the lawn mower sector, the company has taken the lead in completing the mass production of the RGBD solution, and its innovative dual-camera + ToF solution has also achieved mass production.
In the mobile phone sector, the company's ToF front-facing facial recognition module solution has achieved large-scale application among mainstream Android customers and continues to promote the research and layout of under-screen depth vision solutions. In the automotive sector, the company's in-vehicle ToF DMS solution has achieved exclusive supply for some mainstream domestic car manufacturers; the industry's first RGBD (integrated depth image) perception solution has landed in mass production in the first half of 2025 and is gradually expanding to multiple models; ToF non-contact facial recognition has entered the system application of multiple core patents and completed several POC (proof of concept) targeted developments; the technical layout includes in-vehicle main laser radar and blind-spot laser radar, which has initially achieved mass production capabilities.
Currently, the optical industry has gradually shifted from competition in single components to competition in system capabilities. R&D capabilities, manufacturing processes, and industrial collaboration capabilities are becoming important factors for companies to build competitive barriers. After the transaction is completed, OFILM Microelectronics will become a wholly-owned subsidiary of OFILM, which is expected to further enhance the resource integration efficiency of the listed company, strengthen business collaboration capabilities, and shorten the decision-making chain in R&D, procurement, and sales, thereby further enhancing OFILM's industrial control power in the core optical and optoelectronic sectors
