Buy scope effect share of Chu Xianding dragon sends force semiconductor material

Report of Wuhan of Chen Gongxia of our newspaper reporter

The scope effect that after rise and be being bought more, brings, accusing an Inc. in Hubei vessel dragon (the following abbreviation ” vessel dragon share ” , 300054, SZ) show on the body.

A few days ago, the company releases annals showed 2017, period inside, the company realizes business income one billion seven hundred million two hundred thousand yuan, grow 30.15% compared to the same period; Vest in appears on the market the net gain of company shareholder 336 million yuan, grow 40.08% compared to the same period.

” this year, we are enhancing ability of traditional business bad news board pieceThe marketOn competition ability and gain ability foundation, the key drives polishing matProductThe marketPortion promotion, accelerate thisProducthomebred change replace a process; In the meantime, still will begin flexible indication substrateMaterial research and developmentReach the project of applied research and development of industrialization project and product of other new material. ” a few days ago, can go up in the outstanding achievement specification that just holds, company president Zhu Shuangquan discloses so.

And the dimensions after buying is changed

The vessel dragon share before appearing on the market, basically use gush of charge conditioning agent, commerce to pile up the electron such as ink jet and high-end colophony color developing agent to become with carbolic pink resemble showing it is dominant product like special information chemical.

After appearing on the market 2010 up to now, the company is started for many times early or late buy annex, accuse a 9 domestic subsidiary directly, business is extended subsequently imprint to functional chemical, row imprint quickly article of figure of current cost material, integrated circuit and material, figure imprints quickly and Yunlie imprints layout of Wu of 4 great undertaking, form a row to imprint layout of catenary of entire industry of bad news lumber.

Means of dilate of this kind of denotative type lets outstanding achievement of vessel dragon share grow continuously, annals of company calendar year shows, 2012, between 2016, business income of vessel dragon share grows 1.31 billion yuan by 320 million yuan, CAGR (compound year all increase rate) amount to 43% , profit of net putting in a mother ‘s charge reachs 240 million yuan by 60 million yuan of growth, CAGR is amounted to 40% . 2017, if eliminate equity is incentiveCost, the influence of charge of research and development and exchange loss, its do business net profit amplitude is as high as 56.99% .

The main force that outstanding achievement contributes is the row imprints material of duplicate bad news and functional chemical, both the proportion that holds company battalion to close is made an appointment with respectively 60% with 30% , and include bad news Cai Jingyuan and CMP inside article of figure of integrated circuit design and material, figure imprints quickly and Yun Lieyin business makes company new point of growth.

Among them, 2013, vessel dragon share begins sortie semiconductor domain of bad news material. The row imprints bad news Cai Jingyuan is to imprint one of core components of watch machine, by CPU, memory, Imitate circuit, data and software composition, information of main implementation memory, indication row imprints the function such as quantity of quantity, pink of affirmatory and odd carbon, basically use in selenium beat and ink box. Group of Kuai Peng of Oriental negotiable securities grinds in its newspaper middle finger goes out, brilliant yuan the model of model and selenium beat and ink box is relevant, because this is phyletic more, at present the brilliant on market yuan sort has 110 kinds about. Brilliant yuan divide to hold any crystalline substance formerly yuan with current any crystalline substance yuan two kinds big, the any crystalline substance that holds a firm formerly yuan normally autarky, current any crystalline substance yuan offer through firm of professional current cost material.

Banner nimble science and technology also begins to show to the contribution of company outstanding achievement. Company money newspaper shows, 2017, banner nimble brilliant yuan realize business income 202 million yuan, grow 79.77% compared to the same period; Net profit 102 million yuan, grow 80.84% compared to the same period. Among them, taste SOC laser newly kind brilliant yuan sales revenue grows 152.41% compared to the same period, and 51.34% what already held annual product to sell gross earnings. 2017, interest rate of wool of vessel dragon share and net interest rate are respectively 37.21% with 20.16% , among them, the gross profit of bad news Cai Jingyuan is highest, adjacent 80% .

Main supplier includes field of Cai Jingyuan of our country bad news technology of Nasaida, day power and banner nimble science and technology, in merge into before vessel dragon share, the market of banner nimble science and technology is had rate 6% , and Nasaida’s city occupies industry rank first rate it is about 29% , difference is bigger, ” of Dan Jingyuan is selenium beat and ink box downstream, of ink box future add fast adjacent 0, because this Selenium beat is become,pull use any crystalline substance yuan the exclusive power that the market increases. ” Kuai Peng group points out, vessel dragon share already was the selenium beat supplier with domestic the biggest dimensions, merge into after banner nimble, the brilliant of banner nimble yuan will preferential supply company interior to use, safeguard company brilliant yuan supply of goods, the competitive advantage that company Selenium rouses also will be pulled use any crystalline substance yuan business grows quickly.

Dig new point of growth

CMP technology namely chemicalMechanicalPolishing (Chemical – Mechanical Planarization) , it is to point to inBrilliant circle is madeIn the process, use chemistry andMechanicalForce undertakes to brilliant circle evenness changes the course of processing. All computation occupied the ground 2016, CMP material is occupied in the whole in semiconductor material than be as high as 7% , in CMP material, polishing mat magnitude of value is occupied than about 60% .

And at present market of global polish mat appears oligopoly situation, kuai Peng group points out, the city of company of contented family name is occupied rate it is about 79% , cabot, Thomas West, Fuji is spun, the company such as Japanese JSR also holds fair share. Our country company starts later, with international advanced level still has bigger difference, although home has a few foreign trader to invest an enterprise a fewProductionIn low end product, but lack paddles his own canoeIntellectual propertyAndBrand, huge home market is produced completely by foreign capital the forestall that taste place.

” product of mat of polish of integrated circuit of vessel dragon share broke through foreign forestall, had acquired a share downstream brilliant yuan the order of firm client, market share promotes continuously. ” Zhu Shuangquan introduces so. Up to now, the polish of vessel dragon share fills up a product to already applied for 25 inventionsPatentWith 5 practical and new-stylePatent, obtain invention patent authorization 4, practical and new-style accredit 3.

2015, vessel dragon share starts CMP industrialization project, 2017, the product wins a clientAttestationObtain first pieces of order smoothly, the company also is announced in annals, on behalf of international the CMP polish of the most advanced level is filled upProductionThe line starts a quantity smoothly to produce, with international high endMake ChengSynchronous application evaluates a lab to build at the same time and investment moves.

To 2020, china will build 26 brilliant round plant, will pull move CMP polish to fill up demand. Kuai Peng group points out, homebred material is had apparentThe priceWait for an advantage with the service, hopefulDriveFirm of domestic semiconductor material grows quickly, CMP polish mat regards semiconductor core as one of material, homebred change plan hopeful to carry fast.

Cheng Chong of company Dong Bi expresses, ” the CMP order for goods that the company had acquired relevant firm, what still be in a client at present is comprehensive send appearance andTest and verifyIn the process. ” the resurgence event that before be aimed at this, produces, cheng Chong also expresses, this incident reminds from certain level and reflected industry of semiconductor Ji Jingyuan to produce the value in course of study in whole country, the material domain with the located CMP Pad of the company, it is the industry of foreign company opposite monopoly, after this incident, the client is strengthened apparently to homebred supportive strength. Follow-up company is met basis door foundation and the advantage of research and development that expect from the figure link client demand, undertake extending in domain of material of semiconductor of polishing material etc continuously. The company is in brilliant yuan the respect already had complete the group of research and development that reachs independence and manufacturing ground, will last in other sphere sortie.

” inside this year, the firm is enhancing ability of traditional business bad news board piece on market competition ability and gain ability foundation, also drive the focal point polishing to pay the market share promotion of the product, those who push this product is homebred change replace a process; In the meantime, carry out actively flexible indication substrateMaterial research and developmentReach the project of applied research and development of industrialization project and product of other new material. ” Zhu Shuangquan expresses so.

Face the challenge that company place faces, zhu Shuangquan thinks, the company’s current business basically is centered in the row to imprint material of duplicate bad news board piece with chemical new material board piece in, among them, laser row imprints aggravate of competition of current market terminal, the industry is spent centrally inferior still, the company can adjust a product actively for share of forcibly occupy marketThe price, product presence depreciates risk. In addition, the company returns existence business praise fault of resource of the risk that reduce a cost, research and development matchs risk, exchange rate fluctuant risk.