晶盛机电(300316) - 晶盛机电调研活动信息

Company Overview - Jing Sheng Mechanical and Electrical Co., Ltd. is a leading high-tech enterprise in China focused on "advanced materials and advanced equipment" with a mission to become a leader in semiconductor material equipment and develop a green intelligent high-tech manufacturing industry [2]. - The company specializes in three main semiconductor materials: silicon, sapphire, and silicon carbide [2]. Business Performance - For the first three quarters of 2022, the company achieved a revenue of CNY 7.463 billion, representing a year-on-year increase of 86.96%, and a net profit attributable to shareholders of CNY 2.009 billion, up 80.92% year-on-year [3]. - As of September 30, 2022, the company had unfulfilled contracts for crystal growth and intelligent processing equipment totaling CNY 23.79 billion, with CNY 2.46 billion specifically for semiconductor equipment [3]. Product Development - The company has successfully launched its 25,000th single crystal furnace, marking a new height in manufacturing capacity [3]. - In the silicon material sector, the company has achieved full coverage of 8-inch equipment and has begun mass sales of 12-inch equipment, with product quality reaching international advanced levels [2][3]. - The company has developed industry-leading 8-inch silicon carbide crystals and established R&D lines for 6-inch silicon carbide crystal growth, slicing, and polishing [2][6]. Market Position - The company holds a leading position in the sapphire material sector, with its large-size sapphire crystal growth technology recognized as internationally advanced [5]. - In the auxiliary materials sector, the company has achieved industry-leading levels in the production of high-quality large-size quartz crucibles, gaining significant market share in both semiconductor and photovoltaic fields [5]. Future Outlook - The company plans to launch a fifth-generation new type of single crystal furnace in 2023, aimed at enhancing the value chain of high-end photovoltaic equipment [3]. - The company is actively developing innovative equipment for the photovoltaic industry and expanding production capacity for advanced auxiliary materials such as quartz crucibles and diamond wires [4][5]. Strategic Initiatives - The company has established strategic partnerships to enhance its global business development, including a recent collaboration with Estun Automation to jointly promote overseas business [6]. - The company is focused on technological innovation and expanding its product range to mitigate risks associated with industry cyclicality [4].