Company Overview - The main business of the company includes the research, production, and sales of azo organic pigments and water-based inks, primarily used in food packaging inks, UV inks, educational supplies, children's toys, plastics, and leather [2][3]. - The company has established a subsidiary, Qichen Semiconductor, focusing on the development and production of styrene-based photoresist monomers and OLED semiconductor chemicals [3]. Investment in Zhaoguangrui Technology - The company plans to invest CNY 120 million in Zhaoguangrui, acquiring 19.35% of its increased registered capital, which will enhance its competitiveness in the semiconductor industry [3][4]. - The investment will be made using self-owned and raised funds, with an option to invest an additional CNY 120 million within six months after the initial investment [4]. Semiconductor Industry Strategy - The semiconductor industry is rapidly developing in China, supported by national policies, presenting significant market opportunities and high added value [4]. - The company aims to leverage its existing pigment business experience to enter the semiconductor sector, seeking a second growth curve [4][7]. Financial Performance - In 2024, the company achieved a revenue of CNY 534.62 million, a year-on-year increase of 24.80%, with a net profit of CNY 56.43 million, up 66.81% [9]. - For Q1 2025, the revenue was CNY 130.06 million, a slight increase of 0.52%, and the net profit was CNY 16.54 million, up 17.97% [9]. Talent and R&D Capabilities - The company employs approximately 200 people, with around 60% holding master's degrees or higher, and has a strong R&D team with over five years of experience in relevant fields [5][6]. - Zhaoguangrui's team has extensive experience in optical systems and exposure equipment, with a focus on system design and integration [8]. Future Financing Plans - Zhaoguangrui has expressed strong interest from various investment institutions for future financing, with the company prioritizing these investors for subsequent funding rounds [7][9]. - The company has no current plans for additional investment in Qichen Semiconductor, but future decisions will depend on its business progress [9].
联合化学(301209) - 301209联合化学投资者关系管理信息20250715