Shanghai Xinyang's net profit attributable to shareholders of listed companies was -18,761,900 yuan, down 154.07% over the same period of the previous year, mainly due to the sharp decline in the profit of Jiangsu Copule, a wholly-owned subsidiary, and the management of the company and Cop. The management has passed the analysis and judgment of the subsequent operation status, and based on this, the goodwill impairment test was carried out. According to the results of the impairment test, the provision for impairment of the goodwill formed during the 2013 asset restructuring was RMB 958.827 million.
Shanghai Xinyang said that in the first half of 2018, the company continued to consolidate its market position in the semiconductor field, continually tapping its potential and seeking deep development. In addition, the company continued to expand its product application fields and enter new markets, laying the foundation for future business performance improvement. In the traditional packaging field, the company's market position is stable, and the wafer dicing blade products have formed a real scale of sales, a significant increase over the same period last year.
Semiconductor manufacturing
Shanghai Xinyang Wafer Chemicals has entered SMIC, Wuxi Hynix, Huali Microelectronics, Tongfu Microelectronics, Suzhou Jingfang, Changdian Advanced Packaging and other customers, maintaining continuous volume and growth, among which copper interconnects The electroplating fluid product has become Baseline of SMIC's 28nm technology node, Baseline of Wuxi Hynix 32nm technology node; copper process cleaning liquid and aluminum process cleaning liquid for wafer processing have been initially stable supply; in IC package substrate In the field, the company's supply of electroplated copper additive products increased compared with the same period of last year. After continuous efforts, Shanghai Xinyang's industry position and influence in the semiconductor and related fields continued to strengthen.
Jiangsu Copgle Company
In the first half of 2018, due to intensified market competition, the sales price of the wholly-owned subsidiary Copgle continued to decline, the prices of raw materials continued to rise, and the market for new products developed by R&D was far less than expected, and the board of directors reviewed and approved on March 13, 2018. The investment in the establishment of Shandong Leda New Materials Technology Co., Ltd., its new environmentally-friendly and energy-saving fluorocarbon aluminum project is still in the stage of plant decoration and equipment purchase. The above-mentioned comprehensive factors have led to the implementation of Copgle's sales during the reporting period compared with the same period last year. The growth rate was 12,114,670 yuan; but the net profit for the first half of the year was only 9,736,800 yuan, a decrease of 41.50% compared with the same period of last year.
Shanghai Xinsheng
Shanghai Xinyang Participating Subsidiary Shanghai Xinsheng Semiconductor Technology Co., Ltd. (hereinafter referred to as 'Shanghai Xinsheng') achieved operating income of RMB 78,285,900 in the first half of 2018. Due to the commitment of the National Science and Technology 02 major project, it invested in research and development expenses and confirmed the corresponding financial subsidy income. The reason for the company's net profit for the first half of 2018 is 110.456 million yuan. From the second quarter of 2017, the 300mm large silicon wafer project has begun to provide samples to SMIC and other chip foundry companies for certification, and has a block, accompanying film, Test films and other products continue to sell. At the end of the first quarter of 2018, Shanghai Xinsheng 300mm wafers were certified and sold by Shanghai Huali Microelectronics Co., Ltd. Shanghai Xinsheng 300mm wafers were produced in other wafer fabrications such as SMIC. The verification of the factory is also progressing smoothly.
Xinyang Silicone
Shanghai Xinyang Participating Subsidiary Xinyang Silicone (Shanghai) Semiconductor Technology Co., Ltd. (hereinafter referred to as 'Xinyang Silicone') is mainly engaged in the design, development, production and trade of wafer-level wet process equipment. Wafer wet process equipment has entered SMIC and other customers. In order to further develop Xinyang Silicone's business, a new partner, Guokai Technology Venture Capital Co., Ltd., was introduced through capital increase and share expansion (hereinafter referred to as 'Guo Kai Kechuang'), and signed on February 27, 2018, "National Science and Technology Venture Capital Co., Ltd. and Shanghai Xinyang Semiconductor Materials Co., Ltd., Silicon Mixin Semiconductor Technology (Shanghai) Co., Ltd., Yin Qiongling Investment Agreement of Yangsilian (Shanghai) Semiconductor Technology Co., Ltd.. After the capital increase and share expansion, the registered capital of Xinyang Silicone was increased from RMB 50 million to RMB 55 million, and Shanghai Xinyang held 40.91%. 50.00% of shares, Guokai Branch held 9.09% of shares. In the first half of 2018, the company realized operating income of 12.39 million yuan. Due to the increase in new research and development investment, the net profit realized in the first half of the year was -284.63 million yuan.
Xinyang Guangdong
Shanghai Xinyang wholly-owned subsidiary Xinyang (Guangdong) Semiconductor Technology Co., Ltd. (hereinafter referred to as 'Xinyang Guangdong') achieved sales revenue of RMB 2,208,000 in the first half of 2018, but has not yet achieved profitability. Xinyang Guangdong is mainly engaged in semiconductor wet process. The application development of technology provides customers with integrated solutions including materials, equipment and processes, and accepts the commission of customers to provide customized processing services.
In order to expand its business scope and product application fields, the company has jointly invested with domestic photoresist experts and Dr. Deng Hai, the national thousand-person planning expert, to establish a holding subsidiary to carry out 193nm (ArF) dry photoresist development and industrialization projects. The matter has been reviewed and approved at the 20th meeting of the 3rd Board of Directors and the 1st Extraordinary General Meeting of Shareholders in 2018. The holding subsidiary Shanghai Core Engraving Micro Material Technology Co., Ltd. (hereinafter referred to as 'Shanghai Core Engraving Micro') has been in 2018. On May 22, the industrial and commercial registration was completed with a total investment of 200 million yuan, the registered capital was 100 million yuan, Shanghai Xinyang accounted for 80% of the shares, and Dr. Deng Hai's technical team accounted for 20%. Shanghai Core Micro-rental Shanghai Xinyang There is a factory building, the project has been completed for the record, and the project is currently undergoing related work such as environmental impact assessment and factory laboratory renovation.