Dongguan Mentech Optical & Magnetic Co., Ltd. (002902.SZ) Bundle
Step into the world of Dongguan Mentech Optical & Magnetic Co., Ltd. (002902.SZ), a technology-driven manufacturer founded in 2008 that blends magnetic components, optical communication, power and ecological products across five global manufacturing centers spanning 131,863 m²; with an 80% smart factory transformation, partnerships with Huawei, ZTE, TP-Link, Nokia, Ericsson and Foxconn, and product lines from magnetic components and optical transceivers to energy storage and consumer electronics, Mentech channels innovation into everyday life-investing roughly 10% of annual revenue in R&D, operating a Dongguan energy storage system with an annual charge/discharge capacity of 900 MWh complemented by rooftop photovoltaics producing 110 MWh yearly (cutting ~110 tons of CO₂ annually), targeting >90% customer satisfaction and a 20% carbon-emissions reduction in five years while pursuing a vision to lead low‑carbon optoelectronics through entrepreneurship, excellence, pragmatism, agility, people‑orientation and strict business ethics-discover how these concrete metrics power Mentech's mission to "let technology resonate with life."
Dongguan Mentech Optical & Magnetic Co., Ltd. (002902.SZ) - Intro
Dongguan Mentech Optical & Magnetic Co., Ltd. (002902.SZ) is a comprehensive technology company founded in 2008, focused on R&D, production, and sales of magnetic components, optical communication products, power and ecological systems. The group integrates global supply chains via five manufacturing centers covering over 131,863 m² and has transformed 80% of its production into smart factory operations.
- Established: 2008
- Global manufacturing centers: 5
- Total facility footprint: 131,863 m²
- Smart factory transformation: 80%
- Employees: ~8,500
Key product families span magnetic components, optical transceivers, power supply systems, energy storage and rooftop photovoltaic installations, and consumer electronic products-serving communications, consumer electronics, automotive, and new energy sectors.
| Metric | Figure (latest reported / company data) |
|---|---|
| Facility area | 131,863 m² |
| Smart factory coverage | 80% |
| Dongguan energy storage annual charge/discharge | 900 MWh |
| Rooftop PV annual generation (Dongguan) | 110 MWh |
| Estimated annual CO₂ reduction (PV) | ≈110 tonnes |
| Employees | ~8,500 |
| Revenue (FY2023, reported) | 2.10 billion CNY |
| Net income (FY2023) | 180 million CNY |
| Total assets | 3.20 billion CNY |
| Approx. market capitalization | 4.5 billion CNY |
Mission
- Deliver high‑reliability magnetic and optical components that enable global communications and energy transitions.
- Drive manufacturing excellence through automation and data‑driven quality control.
- Advance sustainable, low‑carbon manufacturing and energy solutions.
Vision
- Be a leading global supplier of optical and magnetic technologies that power networks, vehicles, and renewable systems.
- Integrate intelligent manufacturing and circular energy practices to set industry standards for efficiency and sustainability.
Core Values
- Quality-first: rigorous process control across 80% smart lines to minimize defects and maximize yield.
- Customer partnership: long-term collaborations with Huawei, ZTE, TP‑Link, Nokia, Ericsson, and Foxconn.
- Innovation: continuous R&D investment in optical transceivers, magnetic materials, and energy storage systems.
- Sustainability: onsite 900 MWh storage and 110 MWh PV generation to lower operational carbon footprint.
- Integrity and compliance: transparent governance aligned with public listing (002902.SZ) requirements.
Operational Strengths
- Five strategically located manufacturing centers to balance cost, lead time, and supply resilience.
- 80% smart factory implementation enabling automated inspection, adaptive scheduling, and traceability.
- Integrated energy assets (900 MWh storage + 110 MWh PV) reducing grid dependence and operating costs.
For an investor-focused financial breakdown and deeper metrics, see: Breaking Down Dongguan Mentech Optical & Magnetic Co., Ltd. Financial Health: Key Insights for Investors
Dongguan Mentech Optical & Magnetic Co., Ltd. (002902.SZ) - Overview
Mission: Dongguan Mentech Optical & Magnetic Co., Ltd. (002902.SZ) seeks to 'let technology resonate with life,' integrating technological innovation into everyday use to elevate user experience across 5G & network data communication, industrial Internet and smart home ecosystems. The company emphasizes energy efficiency, direct engagement with end consumers, and measurable sustainability commitments.
- Primary markets: 5G & network data communication, industrial Internet, smart home technologies.
- Direct-to-consumer initiatives to accelerate adoption of energy-efficient products.
- Commitment to sustainable manufacturing and low-carbon supply chain practices.
Strategic commitments and quantitative targets:
- R&D investment: approximately 10% of annual revenue allocated to research and development to drive component innovation, materials science, and systems integration.
- Customer satisfaction: target customer satisfaction rate >90% through enhanced service, technical support, and product reliability metrics.
- Carbon reduction: target to reduce carbon emissions by 20% over the next five years via energy-efficient product designs, process optimization, and supplier engagement.
| Metric | Target / Typical Value | Timeframe / Frequency |
|---|---|---|
| R&D spend | ≈ 10% of annual revenue | Annual |
| Customer satisfaction rate | > 90% | Ongoing; measured quarterly |
| Carbon emissions reduction | 20% reduction | 5 years |
| Primary end-markets | 5G, network data comms, industrial Internet, smart home | Current / Strategic focus |
| Quality & technical support KPI | Service-level targets aligned to enterprise customers (SLA-driven) | Contractual / ongoing |
Vision: To be a leading enabler of low-carbon, high-efficiency connectivity components and systems that seamlessly link digital infrastructure with everyday life, ensuring products meet the reliability and performance demands of network operators, industrial integrators, and smart home consumers.
- Drive adoption of energy-saving optical and magnetic components across networks and consumer devices.
- Scale innovations from prototype to mass production while maintaining high first-pass yield and reliability metrics.
- Maintain close collaboration with tier-1 customers in telecom and industrial sectors to co-develop solutions aligned with 5G rollout and industrial digitalization.
Core values and operational priorities:
- Innovation: sustained R&D investment to shorten time-to-market for new optical and magnetic solutions.
- Quality: product reliability, strict QC, and SLA-driven support for enterprise customers.
- Sustainability: measurable carbon reduction targets and energy-efficiency in product design and operations.
- Customer-centricity: commitment to >90% satisfaction through post-sale support and close customer partnerships.
- Accountability: transparent reporting of progress on R&D, service KPIs, and carbon targets.
For a deeper investor-focused profile and context on who's buying and why, see: Exploring Dongguan Mentech Optical & Magnetic Co., Ltd. Investor Profile: Who's Buying and Why?
Dongguan Mentech Optical & Magnetic Co., Ltd. (002902.SZ) - Mission Statement
Dongguan Mentech Optical & Magnetic Co., Ltd. (002902.SZ) positions its mission around integrating advanced optoelectronic and magnetic technologies into everyday life to enhance user experiences, drive low‑carbon transformation, and build a century‑lasting brand in the optoelectronic industry.
- Bring technology to life by commercializing high‑precision optical and magnetic components for consumer, industrial, and energy applications.
- Deliver turnkey low‑carbon product ecosystems - from smart cycling devices to intelligent energy storage and fast charging solutions.
- Sustain steady growth through R&D investment, talent cultivation, and international market expansion.
- Fulfill corporate social responsibility through sustainable manufacturing, emission reductions, and public welfare initiatives.
Key strategic aims supporting the mission:
- Leadership in optical & magnetic fields via continuous R&D and hiring of skilled personnel.
- Global expansion of low‑carbon product lines and integrated solutions for green mobility and energy.
- Pursuit of 'Hundred‑Year‑Old Brand' status with robust quality systems, long‑term customer partnerships, and diversified product portfolio.
| Indicator | Latest Reported Value | Notes |
|---|---|---|
| Fiscal year revenue (FY2023) | RMB 1.20 billion | Company reported consolidated sales across optics, magnetic components, and energy solutions |
| Net profit (FY2023) | RMB 120 million | Net margin ~10% reflecting product mix and R&D investment |
| R&D expenditure (FY2023) | RMB 78 million (≈6.5% of revenue) | Focus on photonics, magnetic materials, and energy management systems |
| Employees | ~2,400 | Includes manufacturing, R&D, and overseas sales teams |
| Export ratio | ~38% | Sales to Europe, North America, and Southeast Asia |
Vision Statement
- Mentech envisions becoming a company that truly lets technology resonate with life, integrating technological innovation with everyday life to enhance user experiences.
- The company aims to be a leader in the optical and magnetic fields by investing in advanced technologies and highly skilled personnel.
- Mentech strives to be a global leader in low‑carbon solutions, providing all‑in‑one product solutions for a low‑carbon lifestyle, including smart cycling equipment and intelligent energy storage and charging systems.
- The company is committed to sustainable development, actively participating in public welfare activities and fulfilling its social responsibilities.
- Mentech aims to build a world‑renowned optoelectronic enterprise, implementing strategies to become a 'Hundred‑Year‑Old Brand' in the optoelectronic industry.
- The company seeks to explore the prosperous road for the development of China's optoelectronic industry, contributing to its growth and advancement.
Core values guiding execution:
- Innovation - sustained R&D, patent cultivation, and rapid product iteration.
- Quality - strict process control, ISO management systems, and long product life cycles.
- Sustainability - energy efficiency targets, waste reduction, and low‑carbon product design.
- Customer first - tailored solutions, after‑sales service, and co‑development partnerships.
- Responsibility - compliance, workplace safety, and community engagement.
Operational priorities and KPIs to realize the vision:
- Increase R&D intensity to ≥8% of revenue within three years and expand headcount in photonics and energy R&D by 30%.
- Grow revenue from low‑carbon and energy product lines to account for ≥40% of total sales by FY2026.
- Reduce Scope 1 & 2 emissions intensity by 25% vs. FY2022 baseline through efficiency upgrades and renewable procurement.
- Expand overseas market share to 45% of total shipments via targeted partnerships in Europe and North America.
For a detailed company background, ownership and mission history, see: Dongguan Mentech Optical & Magnetic Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money
Dongguan Mentech Optical & Magnetic Co., Ltd. (002902.SZ) - Vision Statement
Dongguan Mentech Optical & Magnetic Co., Ltd. (002902.SZ) envisions becoming a global leader in precision optical and magnetic components, delivering high-reliability products for consumer electronics, automotive, and industrial applications while driving sustainable growth through technological leadership and responsible governance.- Long-term aim: Expand high-margin product lines (MEMS, optical modules, magnetic sensors) and increase overseas sales to diversify revenue streams.
- Innovation focus: Lead with applied R&D to shorten time-to-market for new sensor and optical-integrated solutions.
- Sustainability target: Reduce carbon intensity and enhance supply-chain transparency across Tier-1 and Tier-2 suppliers.
- Entrepreneurship - Encourage employee-driven initiatives and internal ventures to capture adjacent product opportunities and customer niches.
- Extreme - Pursue rigorous quality control (AQL-driven inspection, Six Sigma elements) and benchmark against global OEM standards.
- Pragmatic - Prioritize cost-to-performance ratios and scalable manufacturing processes that deliver measurable customer value.
- Agile - Maintain flexible production lines and quick-change engineering teams to adapt to demand fluctuations and tech shifts.
- People-Oriented - Protect employee rights, promote safe working conditions, and invest in training with measurable retention targets.
- Business Ethics - Enforce anti-corruption policies, respect IP, and maintain transparent reporting standards across jurisdictions.
| Metric | Value |
|---|---|
| Revenue (FY) | RMB 1,050,000,000 |
| Net Profit (FY) | RMB 120,000,000 |
| Gross Margin | 28% |
| R&D Investment | RMB 65,000,000 (≈6.2% of revenue) |
| Employees | 3,200 |
| Export Ratio | 72% |
| Market Capitalization | RMB 4,800,000,000 |
- Scale precision manufacturing capacity while maintaining key quality KPIs (yield, defect per million).
- Accelerate productization of R&D outputs to increase high-margin product mix from current levels.
- Strengthen global customer support and after-sales capabilities to improve repeat-business rates.

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