OPT Machine Vision Tech Co., Ltd. (688686.SS) Bundle
Born in Dongguan on March 24, 2006, OPT Machine Vision Tech Co., Ltd. has evolved from a national high-tech honoree into a STAR Market-listed innovator (ticker 688686), deploying machine vision solutions across more than 20 countries and serving over 15,000 customers including numerous Fortune Global 500 firms; today the company - with a workforce exceeding 2,600 and 1,500+ R&D staff - reported 911.37 million CNY revenue in 2024 (net profit 136.26 million CNY, down 29.66% YoY amid heavier R&D and overseas investment) yet showed signs of recovery with 268 million CNY revenue in Q1 2025 (+18.09% YoY), underpinning a market capitalization near 13.64 billion CNY and positioning OPT to compete with global peers while expanding into AI vision algorithms, humanoid robotics, and diversified industrial automation markets.
OPT Machine Vision Tech Co., Ltd. (688686.SS): Intro
OPT Machine Vision Tech Co., Ltd. (688686.SS) is a Dongguan-based developer and manufacturer focused on machine vision software and hardware that enable automated optical inspection, guidance, measurement and classification across industrial applications. Founded on March 24, 2006, the company has grown from a domestic R&D start-up into a publicly listed technology supplier serving global manufacturers and system integrators.- Founded: March 24, 2006 (Dongguan, Guangdong, China)
- Core focus: R&D, production and sales of core machine vision software and hardware
- National recognition: Designated a national high‑tech enterprise in 2009
- Public listing: Listed on the Shanghai STAR Market in 2020 (ticker 688686)
- Global footprint (by 2024): Products deployed in 20+ countries and regions
- Customer base (by 2024): >15,000 customers, including numerous Fortune Global 500 companies
- Headcount (as of Dec 2025): >2,600 employees; >1,500 in R&D; majority technical personnel
| Metric | Value / Date |
|---|---|
| Establishment | March 24, 2006 |
| National high‑tech enterprise | 2009 |
| Stock exchange / Ticker | Shanghai STAR Market / 688686 (2020) |
| Geographic deployment | 20+ countries / regions (by 2024) |
| Customers | >15,000 (by 2024) |
| Employees | >2,600 (as of Dec 2025) |
| R&D personnel | >1,500 (as of Dec 2025) |
- Ownership structure post-IPO: mix of founding/institutional shareholders and public float (STAR Market listing)
- Governance: board of directors, audit and compensation committees aligned with publicly listed company requirements
- Product categories: vision sensors, industrial cameras, embedded vision systems, software toolkits, inspection stations
- Technical strengths: core vision algorithms, real-time processing, integrated optics/lighting, SDKs for integration
- R&D scale: >1,500 R&D personnel (as of Dec 2025)
- Hardware: industrial cameras, smart cameras, lighting and lens systems for controlled imaging
- Embedded platforms: edge computing units running optimized inference for deterministic inspection
- Software: algorithm libraries (defect detection, OCR, measurement), development SDKs and GUI configuration tools
- Integration: delivered as OEM modules, integration kits, or fully assembled inspection stations
- Product sales: cameras, sensors, embedded vision hardware, optics and accessory modules (hardware margin)
- Software & licensing: commercial SDKs, algorithm packages, perpetual and subscription licenses
- System integration & services: customized inspection solutions, commissioning, and turn‑key project delivery
- After‑sales & maintenance: support contracts, spare parts, field upgrades and training
OPT Machine Vision Tech Co., Ltd. (688686.SS): History
OPT Machine Vision Tech Co., Ltd. (688686.SS) was founded to develop industrial machine vision systems and has grown from a niche imaging component supplier into a vertically integrated machine vision solutions provider serving semiconductor, electronics, automotive, and smart manufacturing sectors. Key historical milestones include early R&D commercialization, expansion into high-resolution image sensors and vision algorithms, IPO listing on the Shanghai Stock Exchange, and successive product-platform launches targeting automated inspection and robotics guidance.- Founded as a technology spin-out focused on optical sensors and imaging modules.
- Scaled into system-level machine vision hardware and software (cameras, lenses, illumination, AI-based vision algorithms).
- Public listing (ticker 688686) enabled capital for capacity expansion and overseas channel development.
- Publicly traded on the Shanghai Stock Exchange under ticker 688686.
- Diverse shareholder base: institutional investors, retail/individual shareholders, and company insiders/executive holdings.
- Active analyst coverage and investor monitoring due to the firm's role in high-growth industrial automation markets.
| Metric | Value |
|---|---|
| Market Capitalization | 13.64 billion CNY |
| Average Daily Trading Volume | 874,606 shares |
| 52-week Price Range | 62.61 CNY - 156.87 CNY |
| Exchange / Ticker | Shanghai Stock Exchange / 688686.SS |
- Product sales: industrial cameras, sensors, optics, and integrated vision systems sold to OEMs and end-users.
- Solutions & services: turn-key inspection systems, custom integration, and deployment services for factories and semiconductor lines.
- Software & licensing: proprietary vision algorithms, AI models, and software licenses/maintenance contracts.
- After-sales: spare parts, calibration, training, and long-term service agreements.
| Area | Characteristics |
|---|---|
| Revenue drivers | Capital equipment cycles in electronics and semiconductor manufacturing; recurring software/service contracts |
| Investor focus | Growth in automation adoption, gross margin improvement from vertical integration, and R&D scale |
| Stock volatility | Notable swings within 52-week range; monitored by institutional and retail traders |
OPT Machine Vision Tech Co., Ltd. (688686.SS): Ownership Structure
- Mission: OPT Machine Vision Tech Co., Ltd. (688686.SS) aims to become a global first‑class machine vision enterprise, delivering efficient and intelligent automation solutions to clients worldwide.
- Technology & Innovation: The company commits to continuous R&D investment to enhance product portfolios and adapt to evolving automation needs.
- Customer Trust: OPT serves over 15,000 clients, including numerous Fortune Global 500 companies, delivering tailored solutions to complex industrial challenges.
- Employee Development: OPT emphasizes talent cultivation and creating a platform for employees to realize self‑worth and career advancement.
- Social Contribution: The company focuses on sustainable development in manufacturing automation and aims to contribute to broader societal progress.
- Corporate Governance: OPT maintains high standards of transparency and accountability in corporate governance and investor relations.
| Metric | Latest Reported Figure / Range | Notes |
|---|---|---|
| Stock code | 688686.SS | Listed on Shanghai STAR Market |
| Clients served | Over 15,000 | Includes dozens of Fortune Global 500 customers |
| R&D intensity | Typically >10% of revenue (company focus) | Reflects strategic emphasis on innovation |
| Employee base | 1,000-2,000+ (company scale) | Expanding with R&D and global sales teams |
| Major revenue drivers | Machine vision systems, inspection solutions, customized automation | Product + solution sales and after‑sales services |
- How OPT makes money:
- Product sales - machine vision cameras, sensors, lighting and integrated vision modules sold to OEMs and end users.
- Solutions & integration - turnkey inspection and automation projects, including engineering, software and deployment fees.
- Recurring services - maintenance, software updates, calibration and long‑term service contracts.
- Licensing & software - industrial vision algorithms, AI models and platform subscriptions for large customers.
- Ownership highlights:
- Public float on the STAR Market provides institutional and retail investor participation.
- Management and founder holdings align incentives with long‑term growth and technological leadership.
- Institutional investors and strategic partners typically hold meaningful stakes to support R&D and market expansion.
OPT Machine Vision Tech Co., Ltd. (688686.SS): Mission and Values
OPT Machine Vision Tech Co., Ltd. (688686.SS) operates as an integrated machine vision technology company combining R&D, manufacturing and global sales to deliver inspection, measurement and identification solutions across automated production lines and smart manufacturing deployments. How it works- Research & Development: Core R&D teams design optical modules, algorithms, sensor integration and turnkey vision systems. R&D accounts for roughly 30% of total headcount (≈360 of ~1,200 employees) and the company historically invests in the double-digit percentage of revenue into R&D (≈12% of 2023 revenue).
- Production & Quality Control: In-house production lines manufacture light sources, industrial cameras, lenses, 3D laser sensors and barcode readers with automated assembly and ISO-aligned quality systems to ensure high repeatability for industrial environments.
- Sales & System Integration: Field engineers and application teams deliver customized solutions - from component supply to full machine-vision turnkey systems - supported by >30 global branches and authorized distributors for commissioning and after-sales support.
- Customer-centric deployment: Solutions are tailored to specific process requirements (cycle time, throughput, defect types, environmental conditions) and combine optics, sensors, software and integration services.
| Product Category | Primary Functions | Typical End-User Industries |
|---|---|---|
| Machine Vision Systems | Automated inspection, defect detection, dimension measurement | Semiconductor, display panel, 3C, automotive, battery |
| Industrial Cameras | High-speed imaging, line-scan, area-scan for precision inspection | Electronics, printing, packaging, tooling |
| Light Sources & Lenses | Illumination control, contrast enhancement, optical focusing | Semiconductor, medical, plastic products |
| 3D Laser Sensors | Height measurement, 3D profiling, surface topology | Battery manufacturing, laser processing, automotive |
| Barcode & ID Readers | Traceability, logistics routing, quality tracking | Food & beverage, packaging, pharmaceuticals |
- Semiconductor & wafer inspection
- Display panel manufacturing (LCD, OLED)
- 3C (consumer electronics, smartphones, PCBs)
- Battery production (cell assembly, formation, inspection)
- Renewable energy (solar cell inspection)
- Laser processing and precision machining
- Automotive (assembly, ADAS calibration, paint/finish inspection)
- Medical devices and pharmaceutical packaging
- Household chemicals, food & beverage, packaging and printing
- Tooling, machining and plastic products
- Global presence: Over 30 branches and authorized distributors across Asia, Europe, North America and other regions providing faster response, local deployment and training.
- Technical support: On-site commissioning teams, remote diagnostics, and regionally based spare-parts inventory to minimize downtime.
- Customization capability: Application labs and pilot lines to co-develop inspection recipes and calibrations with customers prior to mass deployment.
| Metric | Value |
|---|---|
| Fiscal year revenue (most recent) | RMB 1.03 billion |
| R&D expenditure | ≈RMB 123 million (≈12% of revenue) |
| Total employees | ≈1,200 |
| R&D headcount | ≈360 (≈30% of workforce) |
| Global branches & distributors | >30 |
| Gross margin (approx.) | ~40-45% |
- Product sales: Direct sales of cameras, light sources, lenses, sensors and barcode readers to OEMs and integrators.
- System integration & turnkey projects: Higher-margin income from delivering full inspection lines, software suites, and customized automation solutions.
- After-sales services & consumables: Spare parts, repairs, software upgrades, and maintenance contracts provide recurring revenue streams.
- Licensing & algorithm services: Specialized inspection algorithms and IP licensing for complex or high-value applications.
- Technology focus: Integration of optics, high-speed imaging, AI-powered image analysis and 3D sensing to address increasingly stringent industrial tolerances.
- Customer proximity: Localized teams in key markets accelerate solution time-to-deploy and support long-term partnerships with strategic manufacturers.
- Quality and scale: In-house manufacturing and stringent QC support consistency required by semiconductor, display and automotive tiers.
OPT Machine Vision Tech Co., Ltd. (688686.SS): How It Works
History and Ownership OPT Machine Vision Tech Co., Ltd. (688686.SS) was founded to serve industrial automation with machine vision hardware and software. It has grown from a niche optical component supplier into a comprehensive machine vision solutions provider, expanding its product categories and international reach through R&D investments and sales channels. Major shareholders include corporate founders, institutional investors, and public float on the Shanghai STAR Market (688686.SS), with governance consistent with a publicly listed Chinese technology company. Mission and Strategic Focus- Mission: Deliver high-precision, reliable machine vision components and systems to enable automation across manufacturing, semiconductors, automotive, logistics, and other industries.
- Strategic priorities: expand product categories (3D, smart cameras, laser sensors), deepen semiconductor and automotive market penetration, and accelerate overseas sales and partnerships.
- Image acquisition: industrial cameras and CMOS/CCD sensors designed for high frame rates and resolution.
- Optics & illumination: precision lenses and specialized light sources (structured light, LED ring, line scan) to ensure consistent image quality.
- Sensing & 3D: 3D laser sensors and structured-light modules for depth measurement and volumetric inspection.
- Data capture & decoding: barcode readers and embedded decoding firmware for logistics and traceability applications.
- Integration & software: vision algorithms, SDKs, and integration support enabling customers to deploy inspection, measurement, and guidance systems.
- Product sales: cameras, lenses, light sources, barcode readers, and 3D laser sensors sold to OEMs and system integrators.
- Systems and solutions: custom machine vision solutions and on-site integration for manufacturing lines.
- After-sales services: calibration, maintenance, software upgrades, and extended warranties.
- Overseas expansion: growing international sales and partnerships aimed at capturing demand in semiconductor, automotive, and logistics sectors.
| Year / Period | Revenue (CNY) | YoY % | Net Profit (CNY) | Net Profit YoY % |
|---|---|---|---|---|
| 2023 | 944.07 million | - | 193.64 million | - |
| 2024 | 911.37 million | -3.44% | 136.26 million | -29.66% |
| Q1 2025 | 268.00 million | +18.09% (YoY) | - | - |
- Market demand: cyclical demand from semiconductor and automotive sectors strongly influences order volumes and ASPs.
- R&D investment: increased spending on technology research, product category expansion, and overseas market development contributed to 2024 profit compression.
- Product mix: margins vary by product - cameras and 3D sensors typically yield higher gross margins than commodity light sources and simple barcode readers.
- Global conditions: macroeconomic and supply-chain dynamics affect component costs, lead times, and international sales.
- Manufacturing: in-house optics and sensor assembly combined with outsourced components for scalability.
- Sales channels: direct OEM contracts, authorized distributors, and system integrator partnerships for vertical solutions.
- R&D to sales feedback loop: customer project requirements feed product development, accelerating adoption of new sensors and software modules.
| Metric | 2024 / Q1 2025 Data |
|---|---|
| Total Revenue (2024) | 911.37 million CNY |
| Net Profit (2024) | 136.26 million CNY |
| Revenue Change (2024) | -3.44% vs 2023 |
| Net Profit Change (2024) | -29.66% vs 2023 |
| Q1 2025 Revenue | 268.00 million CNY (+18.09% YoY) |
| Main end markets | Semiconductor, Automotive, Logistics, General Manufacturing |
- Product breadth: from basic optical components to integrated 3D sensing systems, enabling diversified revenue streams.
- Investment focus: sustained R&D and overseas market expansion to capture higher-value contracts and new applications.
- Link to company mission and values: see Mission Statement, Vision, & Core Values (2026) of OPT Machine Vision Tech Co., Ltd.
OPT Machine Vision Tech Co., Ltd. (688686.SS): How It Makes Money
OPT Machine Vision Tech generates revenue by selling hardware, software and integrated solutions for industrial vision, supplemented by services and licensing tied to advanced algorithms and automation platforms. Its commercial mix and strategic initiatives are reflected in operational footprints and market metrics:- Core product sales: machine vision cameras, industrial lenses, lighting, and smart sensors sold to OEMs and system integrators.
- Solution revenue: turnkey inspection systems and automated vision lines for electronics, automotive, semiconductor, pharmaceuticals and logistics.
- Software & algorithms: proprietary AI vision algorithms and software suites licensed on a per‑system or subscription basis.
- Services & maintenance: installation, calibration, training, after‑sales contracts and edge/cloud support.
- New growth streams: R&D commercialization in AI vision, algorithm licensing, and humanoid-robot-enabled inspection modules.
| Metric | Value / Note |
|---|---|
| Market capitalization (Dec 2025) | ≈ 13.64 billion CNY |
| Global footprint | Products & solutions applied in >20 countries and regions |
| Customer base | Serves >15,000 clients, including numerous Fortune Global 500 companies |
| Exchange / Ticker | Shanghai STAR Market - 688686.SS |
| Competitive peers | Competes with global leaders such as Keyence and Cognex |
| Strategic focus areas | AI vision algorithms, humanoid robots, product diversification, industrial automation |
- Market position & future outlook: OPT is recognized as a leading domestic-machine-vision enterprise with rising international presence; investor confidence is reflected in its market cap and ongoing capital allocation toward innovation.
- Growth drivers: escalating demand for automation across electronics, automotive, logistics and semiconductors; expansion into AI-driven inspection and humanoid robotics to capture adjacent automation markets.
- Execution priorities: deepen algorithm IP, broaden solution portfolio, scale overseas sales channels, and convert R&D into recurring software and service revenue streams.

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