江丰电子拟与爱发科整合平板显示靶材业务

Core Viewpoint - Jiangfeng Electronics (300666) announced a collaboration with Japan's Aifake to integrate their flat panel display target material businesses, aiming to enhance technological strength in high-end fields and accelerate breakthroughs in critical technologies [2] Group 1: Company Overview - Jiangfeng Electronics specializes in the research, production, and sales of ultra-pure metal sputtering targets and precision semiconductor components [3] - The company has established itself in the supply chains of renowned semiconductor and flat panel display companies, including TSMC, UMC, SMIC, SK Hynix, Huahong Grace, and BOE [3] Group 2: Market Position and Expansion - Jiangfeng Electronics is actively expanding its production capacity to meet market demand, with ongoing construction and commissioning of its Huanghu target material factory and multiple production bases for semiconductor precision components [3] - In July, the company announced a fundraising plan to raise no more than 1.948 billion yuan for projects including the industrialization of electrostatic suction cups for integrated circuit equipment and ultra-pure metal sputtering targets [3] Group 3: Financial Performance - The company expects to achieve approximately 2.1 billion yuan in revenue for the first half of 2025, representing a year-on-year growth of about 29%, with net profit projected between 247 million and 267 million yuan, reflecting a year-on-year increase of 53.29% to 65.7% [3] - Jiangfeng Electronics noted that the resilience and stability of the supply chain have improved significantly, with a continuous increase in orders from domestic and international clients [3]