United Optoelectronics' net profit continues to be sluggish, and original shareholders have left the market one after another

In the past decade, although the operating income of United Optoelectronics has increased from less than 200 million yuan to 1.6 billion yuan, its net profit has never exceeded 100 million yuan. Since its listing on the Science and Technology Innovation Board in 2017, the net profit margin has declined from 8% to less than 4% year after year. In addition, the original top ten shareholders at the beginning of the listing, such as Nanhai Growth, Legend Hesheng, and Junjia Technology, have all left, and Xiao Mingzhi, one of the company's founders, also withdrew from the company's actual controller and concerted action in June 2022.