Wet electronic chemicals business helps Shengjian Environment's Q3 net profit surge 83 times

On October 21, Shengjian Environment released its third-quarter report stating that from July to September 2021, the company achieved operating income of 346 million yuan, a year-on-year increase of 268.98%, and net profit attributable to shareholders of listed companies was 37 million yuan, a year-on-year increase of 8308.29%.

In the first three quarters of 2021, Shengjian Environment achieved operating income of 791 million yuan, a year-on-year increase of 67.80%, and net profit attributable to shareholders of listed companies was 89 million yuan, a year-on-year increase of 76.03%.

Regarding the reasons for the performance growth, Shengjian Environment said that it was mainly due to the growth of the company's wet electronic chemical supply and recycling system business and waste gas treatment equipment business in this period.

At present, Shengjian Environment continues to maintain its leading position in the field of optoelectronic display, and the production capacity of major optoelectronic display customers continues to expand. In the first half of the year, the company undertook the process exhaust system engineering project of the 6th generation flexible AMOLED production line project of Xiamen Tianma Display Technology Co., Ltd. It also delivered the stripping liquid recovery system and PGMEA recovery system projects of the 8.6th generation ultra-high-definition new display device production line project of Changsha HKC; delivered the central liquid distribution engineering project of the circuit board investment project of the high-frequency multi-layer printing (W6) process equipment for high-end automotive electronics and industrial control in Nantong Shennan; the stripping liquid recovery system provided by the company for Hehui Optoelectronics for the 6th generation AMOLED display project is running stably.

On the other hand, Shengjian Environment has increased its business expansion in the integrated circuit field and has established project cooperation points with leading companies in various fields such as Beijing Jiedian (12-inch wafer manufacturing), Zhuoshengwei (RF SAW filter chips and RF modules), Gpixel (12-inch image sensor chips), and Changdian Technology (advanced packaging).