The company focuses on serving customers in PCB field and pan-semiconductor field of electronic information industry, and helps customers realize digital, unmanned and intelligent development through excellent products, while improving product quality and reducing production costs. After years of deep cultivation and accumulation, the company has served nearly 70 customers. Including Shennan Circuit, Ding Jian Science and Technology, Hong Sheng Science and Technology, Wang Jing Electronics, Rochetek, Honghuasheng (Hon Hai Precision Co., Ltd.), Fuji Electronics, Bomin Electronics, Red Board Company, Mutual Stock, Baicheng Technology, Taiwan Province Softcom Electronics, Xunjia Electronics, Zhuhai Sheng Yuan (Zhongjing Electronics Subsidiary), Punovi and Dalian Chongda (Chongda Technology Subsidiary), and Laser Fusion Research Center of China Academy of Engineering Physics.
In the field of PCB, the company provides direct imaging equipment with high-speed mass production, and the minimum line width covers the range of 8μm-75μm, which is mainly used to expose the circuit layer and solder mask in PCB manufacturing, and is one of the key equipment in PCB manufacturing.
In the field of pan-semiconductor, the company provides direct-writing lithography equipment with the minimum line width of 500nm- 10μm, which is mainly used for downstream IC mask making and direct-writing lithography process in IC manufacturing and OLED display panel manufacturing.
In the field of organic light-emitting diode display panel direct-writing lithography equipment, in order to further improve the overall production capacity of the equipment and meet the needs of panel customers for small batch and multi-batch production and R&D, the company successfully developed an automatic line system for organic light-emitting diode direct-writing lithography equipment (LDW-D 1), which uses multiple LDW X6 machines for parallel automatic production, enabling multiple machines to work independently at the same time. The whole automatic production line system includes several independent mask aligner stations and a common mechanical transmission device. By reading codes and scanning production information retrieval parameters, the system can monitor the operation of each station in real time and feed it back to the MES system of customers, automatically generate production reports and production log alarm information, and customers can monitor production conditions and modify production process parameters in real time, thus ensuring product quality.
Other laser direct imaging equipment of the company is screen printing laser direct plate making equipment, which is mainly used in the field of screen printing plate making.
After the equipment and automatic line system of our company are sold, the equipment maintenance service provides periodic services such as replacement of key equipment parts, equipment maintenance and equipment maintenance for downstream customers during the service life cycle of the equipment. In addition, the company also provides a small number of equipment rental services.
Direct writing lithography equipment can be divided into PCB direct writing imaging equipment and pan-semiconductor direct writing lithography equipment, among which pan-semiconductor direct writing lithography equipment can be further divided into IC manufacturing direct writing lithography equipment, IC and FPD mask plate-making lithography equipment, FPD manufacturing direct writing lithography equipment and so on. The above different application fields have different requirements for the technical level of direct writing lithography equipment.
In the field of PCB, in recent years, with the development of downstream electronic products in the direction of high integration, high performance and high portability, the trend of high-end upgrading of PCB products is obvious, and direct imaging technology has become the mainstream development technology in PCB manufacturing exposure process. In the pan-semiconductor field, compared with mask lithography, direct writing lithography has some problems, such as low lithography accuracy and production efficiency in IC front-end manufacturing field and low production efficiency in FPD manufacturing field. Generally speaking, the application field of direct writing lithography in pan-semiconductor field is relatively narrow, and it has comparative advantages in the production, R&D and trial production of small batch and multi-variety pan-semiconductor devices, and the business volume is small, which is a supplement to mask lithography.
PCB direct imaging equipment is one of the key equipment in PCB manufacturing. For a long time, China's PCB direct imaging equipment mainly relies on imports from developed countries such as Europe, America and Japan, and the self-sufficiency rate of domestic equipment is extremely low. In recent years, driven by the country's great attention to the development of domestic high-end equipment industry, the gathering of global PCB industry in Chinese mainland and the rapid advancement of technological changes in PCB industry, the domestic PCB direct imaging equipment industry in China has ushered in development opportunities.
The PCB direct imaging equipment and automatic line system independently developed by the company have outstanding advantages in unit production cost, exposure accuracy, production efficiency, automation and intelligence. The company has full-process high-speed mass production direct imaging equipment covering all PCB sub-products, which has a high level in exposure accuracy and production efficiency. It can replace the existing traditional exposure equipment of PCB, meet the production demand of high-end PCB products represented by IC carrier board, and has strong product competitiveness in PCB manufacturing. With the advantages of product performance, cost performance and service ability, the company's PCB direct imaging equipment and automatic line system have been adopted by many well-known PCB manufacturing enterprises, and formed a deep industrial integration with the downstream PCB manufacturing industry. The rapid development of PCB industry and the continuous upgrading of PCB product structure in the future will further drive the demand of the upstream PCB direct imaging equipment market, thus continuously promoting the technological progress of PCB direct imaging equipment.
Pan-semiconductor lithography equipment is one of the key equipment needed for pan-semiconductor manufacturing and mask manufacturing. In recent years, integrated circuits and flat panel display industries are the key basic industries in China, and their downstream communication, artificial intelligence, Internet of Things and consumer electronics have broad market demand. The technical level of pan-semiconductor lithography equipment determines the manufacturing level of downstream IC and FPD. Although China is a big demand country for integrated circuits and flat panel displays in the world, there is still a significant gap in core equipment and materials compared with developed countries.
The company's research and development is based on the market demand and development trend of the pan-semiconductor industry, and has made some breakthroughs in technical attack and equipment product research and development. Due to the limitation of production efficiency and lithography accuracy, the direct-write lithography equipment can not meet the needs of large-scale manufacturing in the pan-semiconductor industry at present, but it has comparative advantages in the production, R&D and trial-manufacture of small-batch and multi-variety pan-semiconductor devices because it does not need a mask. In addition, in the field of IC and FPD mask making, the lithography process of mask making adopts direct writing lithography equipment, and the equipment in this field is basically monopolized by foreign manufacturers. In this context, the company has developed direct-writing lithography equipment with a lithography accuracy of more than 500nm through technical research, and successfully sold such equipment to well-known scientific research units such as the Laser Fusion Research Center of China Academy of Engineering Physics and the affiliated research institutes of China Electronics Technology Group Co., Ltd.; In 20 18, the company introduced the domestic automatic production line system of direct writing lithography equipment (LDW-D 1), which was applied to the lower generation production line of organic light-emitting diode display panels, and successfully passed the production line verification developed by well-known downstream display panel manufacturers. By establishing in-depth cooperation with downstream benchmark customers, the company has been supported by customers in product establishment, requirement definition, prototype verification and upgrade iteration. , thus providing strong support for the company to improve the performance and industrial applicability of direct writing lithography equipment.
At present, the main enterprises in this industry are as follows:
First, domestic leading enterprises in direct writing lithography technology industry
Qixin micro-suit was established on 2015; 20 19 was changed into a company limited by shares as a whole; Science and technology innovation board listed 202 1.
Second, business analysis.
From 20 17 to 2020, the operating income increased from 22 million yuan to 3 10 billion yuan, with a compound growth rate of 14 1.53%, and the revenue increased by 53.47% in 20 years. The net profit of returning to the mother increased from-007 million yuan to 0.71000 million yuan, and the net profit of returning to the mother increased by 47.92% in 20 years. The net profit after deducting non-homecoming increased from-008 million yuan to 55 million yuan, and the net profit after deducting non-homecoming increased by 19.57% for 20 years. The cash flows from operating activities are-37 million yuan,-02 million yuan,-16 million yuan and-60 million yuan respectively.
In terms of products, the revenue of PCB series in 20 19 years1920,000 yuan, accounting for 9514%; Pan-semiconductor series realized revenue of RMB 20 million, accounting for 65,438+0.04%; Others realized revenue of 80 million yuan, accounting for 3.82%.
In 20 19, the top five customers of the company realized income of1.1.300 million yuan, accounting for 55.89%, of which the first customer realized income of 7.231.94 million yuan, accounting for 35.76%.
Third, the core indicators
From 20 17 to 2020, the gross profit rate increased to a high of 58.78% in 18, and then decreased to 43.41%year by year; During the period, the expense rate decreased from 49.90% to 1 1.38%, among which the sales expense rate decreased from 25.49% to 5.87%, and the financial expense rate decreased from -2.27% to the management expense rate of 0. 17%. The profit rate increased from -30.87% to 23.55% at the peak of 19, and decreased to 22.9 1% in 20 years, and the weighted return on equity increased from-16.80% to 29.04% at the peak of 19, and decreased to/20 years.
Fourthly, DuPont analysis.
Return on net assets = profit rate * asset turnover rate * equity multiplier
As can be seen from the figure and data, the improvement of return on net assets is mainly the improvement of profit rate.
Verb (abbreviation for verb) R&D expenditure
The R&D expenses of 20 17-2020H 1 company are 79 18000 yuan, 1698 10000 yuan, 28549500 yuan and 201respectively.
Appearance:
The rapid growth of market demand for PCB and pan-semiconductor equipment and the huge domestic import substitution market space.