A few days ago, CEO and General Manager Chen Honglin of Opto (OPT) announced that he formally signed a contract to acquire South Korean brand QCK in Hong Kong, China, on January 7, 2019. In the future, he will reorganize QCK brand business and expand it in the mainland market. It is reported that OPT officially acquired South Korean robot terminal brand QCK in August 2018, and the acquisition lasted for four months.

QCK, founded in 2006, is a well-known EOAT brand in South Korea. 100 of its production is completed in South Korea. Its business has always been terminal-based and mainly serves 3C and plastic industries. It will not change in the future.

QCK produces approximately 1 million EOAT products per year. At present, South Korea's domestic sales account for 30%, and the rest are exported. Opto's short-term goal is to increase the proportion of QCK exports to 60%.

Opto believes that the Chinese mainland market is the main market for the future development of the brand, and plans to expand the market share of QCK brand EOAT products in mainland China based on terminal sales.


About Opto (OPT)
Opto (OPT) is a brand of Shengchen Automation Technology (Dongguan) Co., Ltd., which was established in 2003.

Since its establishment, the company has been unswervingly based on scientific and technological innovation, devoted itself to technology research and development, and devoted itself to the research and development and innovation of robot terminal application technology related fields, and quickly gained the recognition and adoption of the majority of customers. The company's OPT series robot terminal application technology products have become the first choice for domestic and Taiwan customers.

Strong research and development strength, high-quality quality assurance, first-class technical services, cast the OPT brand, the company developed and produced a variety of cost-effective EOAT application solutions, widely used in plastics, automobile manufacturing and the entire automation field, suitable for shearing, Grasp and clamp, quick change, electric gripper, polishing, vacuum suction production links. At present, the company's sales outlets in Vietnam, Thailand, India, South Korea, Hong Kong, Taiwan and other countries and regions. In the future, OPT will focus on adding factories and sales and service outlets in southwest and central China. In the next five years, OPT plans to invest 0.2 billion yuan to complete the overall regional business operation layout, and will continue to acquire companies in some related industries around the world.