Han's Laser(SZ:002008)2022-12-08 01:22Company Overview - Dazong Laser was established in 1996, focusing on laser equipment and gradually expanding its business [1] - The company was listed on the SME board in 2004, with its main products including PCB equipment and LED packaging equipment [1] Market Position - As of 2008, Dazong Laser's laser marking machine held the highest global sales, with a market concentration of 70%-80% [3] - The company experienced reforms post-2008 financial crisis, including product structure adjustments and enhanced internal management [3] Financial Performance - In September 2015, the company reported sales revenue of approximately CNY 4.3 billion and a net profit of about CNY 610 million [3] - The projected net profit for the entire year of 2015 is estimated to be between CNY 710 million and CNY 780 million, reflecting a year-on-year growth of 0%-10% [3] Business Segmentation - Small power business accounts for approximately 60% of total revenue, while large power business constitutes about 20% [3] - Other businesses mainly include PCB and LED equipment [3] Product Applications - Large power equipment is primarily used in laser cutting and welding, with applications in sheet metal processing, automotive manufacturing, rail transportation, aerospace, and household appliances [3] - Currently, laser cutting equipment represents over 90% of the large power business, with expectations for an increase in laser welding equipment sales [3] Technological Advancements - The company has developed its own linear motors and servo motors, achieving mass production and leading technology in the domestic market [4] - Dazong Laser collaborates with IPG for fiber laser technology [4] Future Growth Projections - Anticipated growth in small power laser equipment in the high-end consumer electronics sector [4] - Expected increase in laser welding equipment applications in the rapidly developing power battery industry due to national policy support [4]