Zhengfan Technology provides customers with value-added services such as electronic bulk gas, electronic special gas and wet chemical related gasification systems, material systems and special equipment, as well as rapid response, equipment maintenance and TGCM.
The company's main revenue is electronic process equipment, accounting for more than 70% of the operating income, mainly in the pan-semiconductor industry, including high-purity gas and wet chemicals** system and pan-semiconductor process equipment modules and subsystems.
The customer base of the High Purity Gas and Wet Chemicals** system is a FAB manufacturer in the pan-semiconductor industry, which is to transfer the high purity gases, wet chemicals and advanced materials** required in the customer's production process to the customer's process equipment. Customers include SMIC, Hynix, YMTC, BOE, Huike, Tongwei, LONGi, Sanan, etc.
The company's gasbox is suitable for 8-12 inch integrated circuits, flat panel displays, photovoltaic solar energy, optical fibers and microelectronics industries. The company's products have been supplied in batches to the leading domestic semiconductor equipment manufacturers North Huachuang, Tuojing Technology, China Micro Corporation, Jingsheng Electromechanical and photovoltaic cell process equipment manufacturers Maiwei Co., Ltd.
On January 22, 2024, Zhengfan Technology released its 2023 performance forecast, with an estimated net profit attributable to the parent company of 400 million yuan to 42.7 billion yuan, a year-on-year increase of 55%-65%. Net profit not attributable to parent company is deducted 32.2 billion yuan-34.3 billion yuan, a year-on-year increase of 50%-60%. In 2023, new contracts will be signed at 6.6 billion yuan, a year-on-year increase of 60%. Among them, new contracts from the semiconductor industry increased by 84% year-on-year, new contracts from the photovoltaic industry increased by 58% year-on-year, and new contracts signed from the biomedical industry increased by 5% year-on-year.
As of the end of the reporting period, the contracts in hand were 6.1 billion yuan, a year-on-year increase of 76%, laying a good foundation for the rapid growth of performance in 2024.