Pan Yide, secretary of the board of directors of Zhongying Electronics, said that the company's products are self-developed and R&D technology is solid. In the past one or two years, the company's main growth opportunities come from motors, lithium battery management chips and home appliance master chips.
In 2017, the company's subsidiary, Xinying Technology, expanded its R&D team. In 2018, the investment in AMOLED research and development increased. The main reason is that AMOLED display driver chip masks are expensive. There are at least four companies that do AMOLED driver chips in China, mainly in the research and development stage.
Subsidiary Xinying Technology, in the first quarter of 2018, sent samples to customers to verify a FHDAMOLED display driver chip. It has passed functional verification and is undergoing reliability verification. This year, it has the opportunity to enter mass production. This year, new products will continue to be launched. The technical strength of Xinying Technology in AMOLED display driver chip is gradually recognized by domestic panel manufacturers, and it has also entered the 40nm high-tech area with low power consumption in synchronization with international first-class chip companies. Technical basis, confident to seize the opportunity of China's AMOLED industry outbreak.
In addition, Zhongying Electronics has business contacts or contacts with many domestic panel manufacturers. The new products are not for a single customer, and will cooperate with the panel factory to improve the yield. It is necessary to wait for the release of the domestic AMOLED screen factory capacity. The products are mainly used in mobile phones and On wearable products, the main competitors come from overseas.
The company's customers are mainly domestic panel factories, which can be close to customers. The state attaches great importance to this industry chain and will have support in policy. Nearly one, within two years, it is still the initial period and construction period of the domestic AMOLED industry, starting in the next few years. Gradually there will be more capacity release, and the company will continue to invest in research and development.
It is understood that Zhongying Electronics is a leading enterprise in the field of integrated circuit chips for long-term work in the field of integrated circuit chips. It is actively supporting the localization of chips in national policies. The willingness of customers to cooperate with national policies to adopt domestic chips is likely to increase. Customers not only ensure the quality of production, but also the products are more competitive.
Zhongying Electronics adopts Fabless operation mode, focusing on IC design and sales business, outsourcing chip manufacturing and packaging test processes, which is beneficial to the company to improve IC design level, reduce product production cost and expand market share.
The company can focus resources on technological innovation, and develop IC chips with independent intellectual property rights and differentiated from other products in the market by developing industry-leading technologies, thus maintaining high added value.
A few days ago, the company released a performance forecast. It is estimated that the net profit attributable to shareholders of listed companies from January to June 2018 will be 7.6 million to 8.557 million, a year-on-year change of 25.00% to 33.00%.
The company said that sales in the first half of the year increased year-on-year, and the average gross profit margin did not change much, which drove the company's profit growth. The sales of the company's product lines increased year-on-year, among which the sales of lithium battery management chips and motor master chips increased rapidly. .