Power semiconductor market demand, substantial increase in profitability.With the automotive, new energy and industrial demand continues to grow, the power semiconductor market demand is growing.According to the International Electronic Business Report, MOSFET last three quarters delivery extended from 8 weeks To 12 weeks or more, part of the product prices. Power semiconductor market demand directly driven by the company capacity utilization and sales revenue increased significantly, profitability increased significantly.According to the announcement, the company in 2017 net profit margin of 5.80%, compared to 2016 Up by 3.17 percentage points.
According to the announcement, the company now has a number of 4-inch, 5-inch and 6-inch power semiconductor wafer production lines. During the reporting period, the wafer production capacity of various sizes was 3.3 million pieces / year. The packaging resources 2.4 billion / year, with the leading position in the domestic industry.Company has rich experience in mass production, with more than 50 years of design and manufacturing experience.We believe in the field of power semiconductor IDM, production process experience and production line Is the two most important factors that affect the long-term development of manufacturers. The Company is at the leading domestic level in both important factors and has strong potential for future development.
During the reporting period, the Company persisted in product innovation and technological innovation, worked intensively in the power semiconductor device industry and continuously expanded into the high-end fields of power semiconductor devices. At present, the Company has mastered many high-end power semiconductors Device core design technology, terminal design, process control technology, such as VLD terminal, 1700V high-voltage terminal technology, deep trench etching technology, thin-film technology and gradually have the ability to provide customers with overall solutions .We think that power semiconductor devices are widely Applications in the white, new energy vehicles, industrial equipment, consumer electronics, the market space is vast, with the company continued technological upgrading and high-end products in the expansion, the company's market competitiveness will continue to improve.
To promote the new product technology platform, the research and development results are gradually emerging 2015-2016, the company increased investment in research and development, research and development costs remain at more than 40 million yuan, the layout of power semiconductor new products and technologies. 2018 companies will vigorously promote SCR, IGBT , SGT MOS, super junction MOS, Trench SBD product platform construction projects, expanding new energy vehicles, inverter and photovoltaic fields, etc. We believe that new products and new process platforms will inject new driving force for development and enhance the competitiveness of the Company's products .
Continued optimization of corporate management, equity incentive highlight the confidence of the company to further promote the use of division management, improve the overall operational performance of the company through the project management, driven by the Division of products, technology upgrades, equipment optimization and transformation, continue to enhance the competitiveness of the organization. In November 2007, the Company issued the Draft Share Option Incentive Plan (draft). In our opinion, the equity incentive is conducive to improving the corporate governance structure and strengthening the incentive to the company's management backbone and technical backbone, which is beneficial to the long-term development of the Company.