Dry photoelectric: the third generation semiconductor board is 20cm in front.

1 and February 2, 20201,the company said on the interactive platform that the cooperation between the company and Shenzhen Third Generation Semiconductor Research Institute is all-round and multi-level in-depth cooperation, and the technologies developed on this platform include but are not limited to gallium nitride and Micro-LED.

2. The company is mainly engaged in the research, development, production and sales of compound semiconductor devices such as full color ultrasound high brightness LED epitaxial wafer, chip, high performance GaAs solar cell epitaxial wafer, Mini-LED/Micro-LED, VCSEL, etc. The product performance index ranks at the international advanced level. At present, the company has more than 1 10000 square meters of modern clean workshop, as well as tens of thousands of internationally advanced epitaxial growth and chip manufacturing equipment. Products are widely used in digital, dot matrix, display screen, traffic lights and other fields; The high-efficiency GaAs solar cell epitaxial wafer produced has reached the international advanced level and has been successfully applied to many satellites developed in China.

3. With the maturity of the Mini LED industry chain in the industry segmentation field, the penetration rate is expected to increase rapidly. In the second half of the year, international manufacturers are expected to introduce it into mainstream products, which will drive the LED price to rebound and bring new business growth momentum to the LED industry chain. According to Trendforce's forecast, the global Mini LED/Micro LED market is expected to reach 4.2 billion US dollars in 2024.

4. On August 27th, Ganzhao Optoelectronics disclosed the semi-annual report for 2020, achieving an operating income of 492 million yuan, up 4.28% year-on-year; The net loss attributable to shareholders of listed companies was 65.438+0.78 billion yuan, compared with a profit of 4.9807 million yuan in the same period of last year; The net loss attributable to shareholders of listed companies after deducting non-recurring gains and losses was 205 million yuan, compared with a loss of 54.4868 million yuan in the same period of last year; The basic loss per share is 0.25 yuan.

5. The company's substantial performance loss was mainly affected by the COVID-19 epidemic and the whole industry environment. The market price of LED chips continues to fall. At the same time, the company adjusted the production plan according to the market demand. The blue-green chip project in Nanchang was still in the stage of gradual release of production capacity in the first half of the year. The equipment production capacity was low, and the mismatch between output and fixed cost led to high single-chip completion cost. The combined adverse effects of the above two aspects led to a year-on-year decrease in gross profit margin of about 65,438+08 percentage points.

6. During the semi-annual report period of 2020, the company adhered to the main business of LED, and in the field of red and yellow light, the red and yellow LED chip and triple junction GaAs solar cell expansion project, high-end flip chip, infrared chip and other products implemented by the company in Yangzhou have been mass-produced and supplied to the outside world; In the field of blue and green light, the construction of the company's Nanchang base project was completed as scheduled, and the production capacity was gradually improved; In the field of high-end compound chips, 654.38+0.59 billion yuan has been invested to build semiconductor R&D, VCSEL, high-end LED chips and other production projects, which are under construction as planned; At present, the company has the ability to mass-produce and ship VCSEL.

On July 6 12, the foundation stone laying ceremony was held for the production projects of semiconductor R&D, Ganzhao photoelectric VCSEL and high-end LED chips. According to the related announcement of Ganzhao Photoelectricity, the total investment of this project is about 65.438+0.597 billion yuan, and the estimated construction period is 654.38+0.9 years, and it will be put into production in the second year of construction. After the project is put into production, it is predicted that the annual sales revenue will reach 966 million yuan, the total annual profit will reach 237 million yuan, the annual investment profit rate will reach 17.7 1%, the investment profit and tax rate will be 18.63%, and the financial internal rate of return after all investment income taxes will be 2 1.72%. The payback period of investment is 6.0 1 year.

Jucan Optoelectronic GaN+3.5 billion gallium nitride and gallium arsenide chip investment

1 Interaction with February 2020 19: The company's main products are GaN-based high-brightness blue LED chips and epitaxial wafers. 20 19 12.20 said on the interactive platform that the company adheres to the development strategy of focusing on resources and strengthening the main LED industry. The company mainly deals in high-efficiency LED epitaxial wafers and chips, rather than organic light-emitting diodes. All LED chips belong to the company's business scope, so the company laid out the technology of miniLED.

On the afternoon of September 4th, it was announced that the subsidiary had signed the Investment Contract for Industrial Projects in Suqian Economic and Technological Development Zone. The main products of Jucan Optoelectronics expansion project are Mini/Micro LED gallium nitride and gallium arsenide chips, with a total investment of about 3.5 billion yuan, including fixed assets investment of about 3 million yuan (including equipment investment of more than 2.7 million yuan). The investment reason is that with the technological progress, the continuous expansion of application fields, the continuous improvement of market scale and industry penetration rate, the domestic LED chip industry as a whole shows a growth trend, the industry concentration gradually increases, and the market scale of high-end emerging applications of LED chips grows rapidly.

3. The company's main business is the research and development, production and sales of LED epitaxial wafers and chips, and provides contract energy management services around LED lighting applications. The company's main products are GaN-based high-brightness blue LED chips and external wafers. The net profit of 20 17-20 19 was 1. 10 million, 2037 and 8140 thousand respectively, and the net profit in 2020 was13,678,300 yuan, an increase of 76.5% compared with last year. In 20 19, the revenue of LED chips and epitaxial wafers was 772 million, accounting for 67.52%.

4. The company's main products are GaN-based high-brightness blue LED chips and epitaxial wafers. The high-brightness blue LED chips produced by the company can be widely used in high-end applications such as lighting and backlight after downstream packaging. The company's products are located in the upstream of the LED industry chain, with high technical threshold and high added value. Based on the judgment of the development trend of the industry, we will actively promote the implementation of the "High-efficiency LED chip expansion and upgrading project", adjust the product structure in time while improving the production capacity, and focus on the industrial layout of high-end LED chips represented by Mini/Micro LED and automobile flip chips in addition to the existing high-voltage products, flip chips and high-efficiency products.

Simple silicon carbide, gallium nitride+smart energy solution provider

1, interaction on February 26th, 2020: As the second largest shareholder of the national third-generation semiconductor industry technology base (South Base) and a core member unit to promote the development of industrial innovation technology, Eastman is mainly responsible for the research and development of application technologies of silicon carbide and gallium nitride power devices. The company has developed high-efficiency DC/ AC and bidirectional DC/DC new products based on silicon carbide and gallium nitride devices.

2. Easy to focus on smart cities &; Big data, smart energy (including energy storage system, microgrid, charging pile, cloud computing and inverter) and rail transit (including monitoring, communication and power supply) are three strategic emerging industries. The net profit in 2009 was 2017-20140,000, 565 million and 4120,000, and the net profit in the first half of 2020 was1860,000 yuan, an increase of -30.95% compared with last year.

3. A quality supplier of smart city and smart energy system solutions. The company is in a leading position in the domestic UPS industry, with a market share of about 15%. Based on self-produced high-end intelligent modular UPS, batteries, precision air conditioning, precision power distribution cabinets, micro-modules, monitoring systems and other products that support the construction of data centers, the company vigorously develops data center business and promotes the overall solution of data center infrastructure. The company has accumulated profound technology in the field of power quality conversion, and the PUE index of modular data centers is lower than the global average. In the first half of 2020, the company's high-end power equipment and data center revenue was 654.38+047,556,5438+04.7 million yuan, accounting for 72.93%, up 38.85% year-on-year.

In recent years, the market scale of data center has expanded rapidly, and power equipment accounts for nearly half of the construction cost of data center, so the stability of operation is the primary concern. Among the data center construction costs, the cost of power equipment is the highest, accounting for 55.6%. Operating costs are mainly depreciation and electricity charges, accounting for 26% and 28% respectively. UPS can supply power continuously and stably, which is an important guarantee for the stable operation of data center. In the global UPS market, Eaton, Schneider and Emerson are the three pillars, forming the first echelon of UPS industry. Domestic local manufacturers represented by Eastwood, Ke Hua Hengsheng and Costar form the second echelon. The company leads the domestic UPS industry in technology, and its market share is about 15%-20% under different power and different application scenarios.

3. Dongfang is an important manufacturer of charging equipment for new energy vehicles, and its high-power DC charging technology leads the industry. The charging piles produced by the company have strong compatibility and can meet the charging needs of all models on the market; With high reliability, it has been successfully applied to extreme environments such as islands, severe cold and high altitude. The construction of charging piles has released hundreds of billions of market space, and the charging equipment business has exploded. Benefiting from the rapid increase in the penetration rate of electric vehicles, Shen Wanhongyuan predicts that the domestic market space of charging pile equipment will reach1165.5 billion yuan and 237.8 billion yuan respectively in 2020 and 2025. In the first half of 2020, the sales revenue of new energy vehicles, charging facilities and equipment was 41293,600 yuan, accounting for 2%, down 30.45% year-on-year.

4. The energy storage system is gradually industrialized, which is expected to form new performance growth points. The company actively deployed energy storage system and microgrid technology, and developed a full range of core key products such as energy storage converter products, bidirectional DC converter products, energy management system of energy storage power stations, energy storage power stations and microgrid system solutions. Intelligent microgrid and energy storage system have been gradually industrialized, which is expected to form a new performance growth point of the company.

5. The controlling shareholder will be changed to Fahua Group, and the state-owned assets background is expected to strengthen the company's capital and resource advantages. 20 18 1 1 yuehuafa group will acquire 29.9% shares of listed companies held by dongfang group in cash. The actual controller of Fahua Group is Zhuhai State-owned Assets Supervision and Administration Commission, which has four core businesses: urban operation, real estate development, financial industry and industrial investment, and "4+2" with business services, cultural and sports education and modern services as comprehensive supporting businesses. (Part of the information comes from Shenwan Hongyuan Securities)

Mingde Electronics: Invest in Jing Rui Electronics to Layout Large Semiconductor Silicon Wafers.

1 and15 announced in the evening of June that the company acquired 45.95% equity of Guangwei Integration from three counterparties, and the equity transfer amount was 4.3410.9 million yuan. After the acquisition is completed, the company * * * holds 73.5 1% equity of Guangwei Integration. According to the announcement, through this acquisition, the company can further deepen the layout of the semiconductor industry, further enhance the customized design capability of the company's existing main bar code identification business chips, and promote the semiconductor of the bar code identification industry.

2. On July 24th, it was announced that it planned to increase the capital of Zhejiang Jing Rui Electronic Technology Co., Ltd. by 90 million yuan. After the completion of capital increase, the total registered capital of the target company increased from 20 million yuan to 2818.18180,000 yuan, and the company held 290,323% of the shares. Jing Rui Electronics is mainly engaged in the research, development, production and sales of semiconductor wafers, and is a semiconductor wafer manufacturing enterprise.

At present, Jing Rui Electronics is planning to build a semiconductor silicon epitaxial wafer production project. After the completion of the construction, the company's main business is the research and development, manufacturing and sales of 6, 8, 12 inch high-performance silicon epitaxial wafers. Its main products include epitaxy on silicon polished wafer, buried epitaxy in device technology and epitaxy in power device cold MOS. At the same time, Jing Rui Electronics will be engaged in the research and development and small batch production of silicon-based GaN and SiC epitaxy.

Jing Rui Electronic Project is an "old team, new platform". The core technical team headed by Dr. Zhang Feng is the earliest technical backbone engaged in the research of large semiconductor wafer technology in China. It undertook a series of national technical research projects related to large silicon wafers, and witnessed the evolution and development of production technology of large silicon wafers in China. The team has rich and mature experience in large silicon wafer industrialization, deep accumulation of upstream and downstream resources in the industry, and a clear and profound understanding of the development trend and technical iteration route of the semiconductor and large silicon wafer industries.

4. The company invested in the large-scale semiconductor silicon wafer business of Jing Rui Electronics through equity participation. This investment is in line with the strategic development plan of Minde Electronics, which is conducive to Minde Electronics to further deepen the layout of the semiconductor industry, thus extending the power semiconductor industry chain and enhancing the company's industrial competitiveness; At the same time, it will also help the company's semiconductor design business and Jing Rui Electronics to play a synergistic effect, expand the scale of operation, improve operating efficiency, and thus open up a broader market space.