Why is Zhenhua a military industry?

Because the major shareholder of Zhenhua Technology is China Zhenhua Electronics Group Co., Ltd., its predecessor was the military electronics 083 base established by the state in Guizhou during the third-line construction in the 1960s.

In 1980s, 083 Base started the shareholding system reform and established China Zhenhua Electronic Industry Company. 199 1 year 65438+February, with the approval of the State Council, China Zhenhua Electronic Industry Company was listed as one of the first batch of 55 national pilot large enterprise groups and renamed as China Zhenhua Electronic Group.

1997, China Zhenhua (Group) Technology Co., Ltd. was established under the exclusive sponsorship of Zhenhua Company and authorized by Guizhou Provincial People's Government, to carry out the state-owned assets such as 4326 factory (equipment factory), 4506 factory (new machinery factory) and 77 1 factory (photovoltaic power plant) operated by Zhenhua Company and the operating assets of the group company in Shenzhen's wholly-owned SPC exchange factory.

As a leading enterprise of military electronic components, Zhenhua Technology's current main business is divided into two major sectors-new electronic components and modern service industry. Zhenhua Science and Technology has provided support for key projects such as the lunar exploration project, Dongfeng series, Hongqi series, Eagle Strike series, the fourth-generation aircraft and the Universiade.

In 2020, after continuous structural adjustment, Zhenhua Technology has been highly focused on the core business of new electronic components. The main revenue of the new electronic components sector is 39190,000, accounting for 99.22% of the total revenue, while the modern service industry only accounts for 0.78%.

Zhenhua Technology's new electronic components mainly include chip resistance-capacitance inductors, semiconductor discrete devices, electromechanical components, thick film hybrid integrated circuits, high-voltage vacuum interrupters, circuit breakers and special batteries. Its representative products are widely used in domestic aviation, aerospace, electronics, weapons, ships, nuclear industry and other key fields, and become an important supporting force in this application field.

Seriously underestimate

Zhenhua Technology's new electronic component business is mainly composed of five subsidiaries: Zhenhua Yun Xin, Zhenhua Yunke, Zhenhua Yong Guang, Fu Zhenhua and Zhenhua Microelectronics.

In 2020, among all the subsidiaries of Zhenhua Technology, the performance of these five subsidiaries is also the most eye-catching. The total operating income of the five subsidiaries reached 2.947 billion, accounting for 73.37% of the company's total operating income.