Morning Science and Technology successfully listed the development of the new three board full of stamina

[Text / Gaogong LED Ganqin] On December 7, 2015, Chenri Technology (834518.OC), which is dedicated to the research, development, production and sales of electronic soldering materials, semiconductor packaging materials and LED packaging materials, successfully listed the new three boards.

Founded in January 2004, the company has a group of Ph.D. and master's research and development teams with many years of research and development experience. Through continuous exploration and development of innovative materials, the company has successfully applied for more than a dozen national patents and obtained national The title of high-tech enterprises and private technology enterprises in Guangdong Province.

According to the data, Morning Technology achieved double growth in revenue and net profit last year. As of December 31, 2014, the company achieved revenue of 24.03 million yuan, a year-on-year increase of 67%; net profit of 974,000 yuan, an increase of 592%; The company's total assets are 25.128 million yuan and net assets are 11.364 million yuan.

In the first three quarters of 2015, the technology continued to grow. Chen Xuexing, general manager of Morning Technology, told Gaogong LED. “In the first three quarters of this year, the company’s revenue increased by 30% year-on-year, and net profit increased by 30%. 40%."

In fact, the market situation in 2015 is not as expected in the industry at the beginning of the year. Although the market size has continued to grow, the decline in prices has led to a sluggish performance of the company, showing the phenomenon of “incremental increase without profit”. However, the reason why the company can maintain its continuous growth in the big environment is not inseparable from the company's insistence on product innovation.

Through years of technology precipitation, the company has avoided the low-end market in terms of product positioning. It does not follow the trend and does not participate in price wars. It is ahead of the industry by laying out the mid-to-high-end market and sticking to the segmentation. At present, the company's products are in a leading position in the market and have gained a good reputation in the LED market.

In the current situation of low-quality products in the LED material market disrupting the market, the company has taken the lead in proposing a “simplified and simplified” packaging process to build the most simplified manufacturing solutions for customers in the products such as solid crystal solder paste and dam rubber.

“In recent years, our product research and development has been focused on producing highly integrated materials that can solve the integration, not only to achieve integrated package testing, but also to achieve the color temperature of the module, the height of the index is consistent.” Qian Xuexing said. "This year we have achieved a good market response in LED solid crystal solder paste, coupled with the gradual maturity of the filament market this year, which also promoted the growth of the company's filament adhesive shipments."

In addition, Qian Xuexing revealed that in addition to the company's technology development and sales of LED packaging materials, the development of new materials in the photovoltaic field will also bring new profit growth points to the company.

Regarding the company's future development, Qian Xuexing pointed out that after the company's listing of the New Third Board, it will help improve the company's capital structure, improve its own ability to resist risks, and enhance the company's development potential. In addition, it will deepen the customer's understanding and understanding of the company, and play a positive role in the company's future marketing and brand building.

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