Shifting semiconductors has ushered in rapid growth in performance. Since 2014, the company has expanded its layout from photovoltaics and biopharmaceuticals to the field of pan-semiconductors. The shifting semiconductors have ushered in rapid growth in performance. In 15 years, the company established the Wet Law Division and gradually stepped into cleaning. Based on its own technology and experience accumulated in high-purity process system integration, the device developed the tank wet cleaning equipment of Ultron B200 and Ultron B300 and the single-chip wet cleaning equipment of Ultron S200 and Ultron S300 in 2017. The series is expected to welcome the order volume as the customer imports the verification.
High-purity process system is used to avoid impurity pollution in production. The core is to control impurities. Currently used in advanced semiconductor manufacturing (integrated circuits, flat panel displays, photovoltaics, LEDs, etc.) and biomedicine and other advanced high-precision manufacturing process media (gas , chemical, water, etc.) high-purity transmission and distribution system, used to ensure that the process medium is free from impurities in the process, is a key supporting system that directly affects the process precision and yield of the product, and is inseparable from the production process of these industries. component.
Cleaning through the entire semiconductor manufacturing is one of the important links. It is expected that the pure technology cutting wet cleaning equipment will usher in a broad space. The cleaning of semiconductors runs through the entire semiconductor process. From the silicon wafer manufacturing, it is necessary to polish the polished silicon wafer. Cleaning, removing surface contaminants, removing photoresist, wet etching, CVD, etc. in chip preparation, and then final material quality inspection. Every step needs to be cleaned to ensure that the next step is free from impurities and keep Product yield. At the same time, as the chip process continues to shrink, the number of cleanings required is increasing. According to statistics, the number of cleaning processes accounts for one-third of the entire chip manufacturing process. An important part of chip manufacturing.
We believe that Zhichun Technology, as the leader of domestic high-purity process system, has built a good relationship with mainstream customers in the fields of semiconductors and panels in the past years. It is expected to further benefit from the trend of global FAB plant moving eastward in the next three years, while the company actively expands and moves forward. The road extends to 2000 wet cleaning equipment, and the customer's import verification is expected to usher in the release of orders. It is expected that the company's net profit will remain 100%/51.1%/41.5% in 2018-2020, corresponding to the net profit of the returning mother. 0.94/1.42/2.01 billion. For the first time, give a 'Buy' rating.