Tiantong Co., Ltd. is a high-tech private enterprise headquartered in Zhejiang. The industry category is computer, communication and other electronic equipment manufacturing. The business scope includes the production, sales and technical development of magnetic materials, electronic components and mechanical equipment, the production, processing and sales of sapphire crystal materials and piezoelectric crystal materials, solar photovoltaic power generation and industrial investment. The main business is the production and sales of soft ferrite cores.
Over the years, Tiantong Co., Ltd. has been deeply involved in the market segment of soft ferrite cores, and has gradually grown into an industry leader, and its related projects have won international scientific and technological progress awards for four times. At the same time, thanks to the continuous R&D investment, the company has made substantial breakthroughs in high-end equipment manufacturing, powder materials, crystal materials, silicon wafer processing equipment, OLED module binding equipment and other industrial applications, and has become a new force for the replacement of domestic equipment in the 5G era.
In the future, the company's main revenue scale and profitability are expected to increase substantially. The highlights will appear in customizing OLED module binding equipment for leading panel enterprises such as BOE, providing power core components for new energy vehicles, and producing piezoelectric crystal materials and filters that are growing rapidly in the 5G era.
The 2020 semi-annual report of Tiantong Co., Ltd. shows that after the COVID-19 epidemic in the first half of the year, the main income and net profit still achieved significant growth. In the second half of the year, the main income and net profit growth expectations are more clear. In the second quarter, institutions and cattle entered the market on a large scale, and the number of shareholders decreased by 1 10,000 compared with the first quarter, with a decrease of 13%.
Technically, the stock is in the stage of getting rid of the bull market and accelerating its rise. The short-term target should be above 15 yuan, the medium and long-term share price is expected to hit a new high, and the market value is expected to move from the current scale of 100 billion to 30 billion or even 50 billion.
Based on the above analysis, it is strongly recommended to buy Tiantong shares boldly and hold them for a long time.