势银芯链·2025-06-25 05:17Core Viewpoint - The article discusses the development and investment in the UV photoinitiator industry in China, highlighting the establishment of new production projects and the competitive landscape among leading companies in the sector. Company Overview - Mudanjiang Sunrise New Materials Technology Co., Ltd. has initiated a project to produce 3,000 tons of photoinitiators and intermediates, with a total investment of 240 million yuan and a construction area of 5,000 square meters [3][4]. - The company, founded in July 2017, focuses on the research and production of high-performance UV photoinitiators and has established a technology research center in Heilongjiang Province [4]. Industry Landscape - The leading companies in the photoinitiator market include Jiurichuang, Qiangli New Materials, Wokailong, IGM, Yangfan New Materials, and Gurun Technology, with respective production capacities of 22,850 tons, 16,573 tons, and others [5][6]. - Jiurichuang is the largest producer, achieving a revenue of 1.488 billion yuan in 2024, with a year-on-year growth of 20.52% and a photoinitiator sales volume of 23,100 tons [6][7]. - Yangfan New Materials reported a revenue of 731 million yuan in 2024, with a year-on-year increase of 5.80%, although it faced challenges due to low operating rates [8][9]. - Qiangli New Materials generated 924 million yuan in revenue in 2024, with a year-on-year growth of 15.93%, but experienced a net profit loss of 182 million yuan [10][11]. Technological Advancements - Mudanjiang Sunrise has accumulated multiple patents in photoinitiator technology, indicating its strength in innovation [4]. - Gurun Technology has achieved significant growth in 2024, with a revenue increase of 35.21% and a net profit growth of 393.35%, showcasing its competitive edge in product performance [12][13]. Upcoming Events - The 2025 TrendBank (Fifth) Lithography Industry Conference will be held on July 9-10 in Hefei, aiming to gather experts and industry leaders to discuss advancements and challenges in lithography technology [15].