Nanda Optoelectronics' net profit in 2021 increased by 56.55% year-on-year, and Q1 net profit is expected to increase by as much as 94.84%

 On the evening of March 30, Nanjing University of Science and Technology Optoelectronics released its 2021 annual report, stating that the net profit attributable to the parent company's owners in 2021 was 136 million yuan, a year-on-year increase of 56.55%; operating income was 984 million yuan, a year-on-year increase of 65.46%; basic earnings per share was 0.34 yuan, a year-on-year increase of 54.55%.

At the same time, Nanjing Optoelectronics disclosed its first quarter 2022 performance forecast. The company expects net profit attributable to shareholders of listed companies in the first quarter to be 70 million yuan to 83 million yuan, a year-on-year increase of 64.33% to 94.85%; net profit after deducting non-recurring gains and losses will be 54 million yuan to 67 million yuan, a year-on-year increase of 67.57% to 107.92%.

The announcement shows that in the first quarter of 2022, the company's main operating income and net profit attributable to the parent company continued to maintain rapid growth. On the basis of expanding production capacity, improving quality and increasing gross profit, the MO source business continuously optimized its product and customer structure through technological innovation, gradually entered the third-generation semiconductor, IC and photovoltaic fields, and its market share steadily increased. The technological research and industrialization of precursor materials such as advanced process 28nm have accelerated, and the sales scale has grown rapidly, becoming a new growth point for the company's performance.

The company's hydrogen-based electronic special gases keep up with market and customer demand, further expand production capacity, and continuously increase market share. At the same time, relying on the company's technological and quality advantages, it upgrades products and expands global advanced semiconductor customer service. Hydrogen-based electronic special gases have leapt to the world's leading level in technology, quality, production capacity and sales. During the reporting period, sales and profits grew rapidly, effectively improving the company's performance.

The company's fluorine-based electronic special gas market is still in short supply. With the increase in investment by global wafer manufacturing companies and the continuous expansion of overseas markets, the global market will maintain a growth trend. On the one hand, the company continues to improve quality, reduce costs and increase production through lean production; on the other hand, it accelerates the construction of the Ulanqab "experimental field", and the newly added nitrogen trifluoride production capacity has been successfully sold. The company's nitrogen trifluoride production capacity has jumped to second in China and third in the world. During the reporting period, the sales revenue and gross profit level of fluorine-based electronic special gases increased significantly, making an important contribution to the company's performance.

Nanda Optoelectronics said that 2021 is a key year for the company's successful transformation to "second entrepreneurship". Cultivating global product and service champions is the company's basic strategy to seize the opportunity of global supply chain adjustment and deepen its presence in the semiconductor materials industry chain. During the reporting period, the company's strategic layout with advanced precursor materials, electronic special gases and photoresists as the three core semiconductor materials has been gradually improved, major scientific and technological projects have achieved major breakthroughs, core growth and business synergy have emerged, the market and brand image have been greatly improved, and the main revenue and non-profit have achieved rapid growth.

During the reporting period, Nanjing University of Science and Technology seized the opportunity of industry-wide shortages in the semiconductor industry and the opportunity for accelerated domestic substitution, and built core growth modules around advanced precursor materials, electronic special gases and photoresists. The company's shipments, sales and profits of various products reached a record high in recent years.

MO source business capacity has been improved and structural optimization has been achieved. MO source has expanded production in a timely manner to cope with industry shortages, and both production and sales have been booming. The gross profit level in the traditional LED field has rebounded, driving the continuous growth of net profit. At the same time, through technological innovation, the product structure and customer structure have been continuously optimized, and the third-generation semiconductor, IC and photovoltaic fields have been gradually entered. At present, the scale and quality of MO source business are among the best in the world.

Nanda Radio and Television said that the industrialization process of precursor materials has accelerated. During the reporting period, sales revenue of high-purity ALD/CVD precursors increased by 314.25% compared with the same period last year. The dual goals of increasing production capacity and increasing sales scale have effectively increased the company's performance. Important breakthroughs have been made in the research and development and industrialization of advanced precursor materials such as 28nm and 14nm process precursors, silicon precursors, etc. Seven precursor products used in advanced chip manufacturing processes have been industrialized, and four silicon precursor products are planned to enter international advanced process factories for verification, helping the company to continue to climb to the high end of the industrial chain and value chain. With the further advancement of customer verification, it is expected to bring new profit growth points to the company.

The production capacity and quality of hydrogen-based electronic special gases are among the best in the world. The company's hydrogen-based special gases keep up with market and customer demand, expand production capacity, upgrade products, and continuously increase market share. During the reporting period, sales revenue increased by 64.09% compared with the same period last year. At the same time, we have comprehensively promoted breakthroughs in the structure of high-end products and improved performance. A new generation of safety sources and mixed gas products have been industrialized one after another, promoting a new round of development. The latest upgraded ultra-high purity arsine products have exceeded the technical level of current international advanced peers in the tests of downstream customers, and ultra-high purity phosphine products have entered the world's first-class process chip companies. Hydrogen-based electronic special gases have leapt to the forefront of the world in terms of technology, quality, production capacity and sales, comprehensively improving global competitiveness and bringing positive impetus to the company's performance.

Fluorine-based electronic special gases create the world's "single champion". Under the unfavorable factors of dual control of energy consumption and rising prices of raw materials, the company's fluorine-containing special gases, on the one hand, rapidly promoted capacity expansion through lean production, improved product quality and reduced production costs. On the other hand, it seized the opportunity of global supply chain adjustments to seize market share. During the reporting period, sales revenue increased by 72.78% over the same period last year, and products covered integrated circuits, flat panel displays, power switches and other fields. After more than two years of hard work, fluorine-containing electronic materials have achieved the transformation from "entry point" to "growth point", especially the expansion of nitrogen trifluoride production capacity from 1,000 tons to 4,000 tons, ranking second in China and third in the world.

In order to realize the strategic vision and leapfrog development, the company advanced into Ulanqab and built a "test field" around the theme of "building a world-leading fluorosilicone electronic materials base", making full use of local resource endowments and market advantages, and taking the strengthening and expansion of nitrogen trifluoride as the entry point to extend, strengthen and supplement the chain. Relying on Inner Mongolia's unique new energy advantages, green manufacturing was achieved through technological system innovation, and the "double green" ranked among the world's advanced levels, gradually exploring a new path of high-quality development with low cost, high quality, double green, large scale, multiple varieties and good services.

A breakthrough has been achieved in the research and development and industrialization of ArF photoresist. After the company's independently developed ArF photoresist products passed the certification on the 50nm flash memory platform of a storage chip manufacturer at the end of 2020, they achieved a certification breakthrough on the 55nm technology node products of a logic chip manufacturer in May 2021, and obtained small batch orders and achieved sales. On the eve of the 100th anniversary of the founding of the Party in 2021, the "Development and Industrialization of ArF Photoresist Products" project, a national 02 special project undertaken by the company, passed the performance evaluation and acceptance of the expert group. The project has built a production line with an annual output of 25 tons, laying the foundation for the large-scale mass production of ArF photoresist. At present, many products are being certified by multiple customers at the same time, and market expansion work is being accelerated to achieve mass sales as soon as possible.