As a leading company in the field of global functional materials, SZSH Advanced Materials Technology Group has reached the strength to compete with international companies in the sub-industry. Its products are widely used in well-known consumer electronics companies such as Apple and Samsung. After this listing, the company is expected to rely on the capital market to achieve new breakthroughs in the field of functional materials that the state encourages development.
Deep cultivation of functional materials, significant growth in performance in the first half of the year
SZSH has the core design and synthesis capabilities of functional materials. At present, the company has developed hundreds of customized functional materials. At the same time, it reserves a wealth of functional material synthesis formulas and material performance data, which can be based on customer's differentiated material requirements. Design and synthesize composite functional materials that simultaneously meet customer needs in multiple functional dimensions.
The company's products mainly include precision process application materials, electronic composite functional materials, and optoelectronic display module materials. Among them, the company's precision process application materials can control the peel strength of low-viscosity products within the range of 1.5-2.4gf/25mm, which can meet customers' multi-process, customized and complex automated production requirements, and ensure product adaptability And stability. The company’s customized electronic composite functional materials have one or more composite functions such as adhesion, warpage resistance, heat conduction, electrical conductivity, electromagnetic shielding, corrosion resistance, and flame retardancy. At present, some electronic composite functional materials independently developed by the company are used in consumer electronics The field directly competes with international companies. In addition, the optoelectronic display module materials produced by the company are mainly used in lower buffer and thermally conductive shielding modules, and related products have entered the Samsung OLED screen module supply chain and realized sales.
Functional materials are not only an important material basis for automated production and component protection, but also an important part of consumer electronics. At present, the company's products have been widely used in many well-known consumer electronics brands such as Apple and Samsung, and have established long-term and stable cooperative relations with enterprises in the industry chain. In addition, considering that the main production bases of global consumer electronics high-end brands such as Apple, Huawei, OPPO, VIVO, and Xiaomi are all located in mainland China, China has become the largest producer and consumer of consumer electronics terminals, and there is a strong demand for import substitution.
Core technology breaks foreign monopoly
Independent research and development and technological innovation have built a strong moat for the company. After years of technological precipitation, the company has mastered the technology including polymer polymerization and graft modification technology, coating formulation and material structure design technology, and precision coating technology. A number of key technologies of the company, while possessing technological industrialization and marketization capabilities, have laid the foundation for sustainable development.
Relying on product performance advantages, differentiated advantages and rapid response capabilities in the field of subdivided materials, the company's products in the field of composite functional materials subdivided materials have reached the level of competition with companies such as 3M, Nitto, Tesa, etc., and achieved the industry segmentation field. breakthrough. At present, the company has abundant technical reserves, covering wireless charging material synthesis technology, bio-based adhesive material synthesis technology, absorption electromagnetic shielding material synthesis technology, etc., which allows the company to transform relevant technical reserves into functions according to future market trends and customer needs Sexual material products to meet market demand.
In order to continue to maintain its technological competitive advantage, the company has continued to promote technological innovation in recent years, attaching importance to scientific and technological research and development results, and the proportion of research and development expenses has been increasing. From 2017 to 2019, SZSH's R&D investment was 9.622 million yuan, 15.6855 million yuan, and 16.2163 million yuan, accounting for 4.12%, 6.12%, and 6.73% of current operating income, respectively, showing an overall upward trend.
It is worth mentioning that, based on strong R&D capabilities and technological strength, the company has obtained a total of 52 authorized patents, including 20 invention patents and 32 utility model patents.
Focus on development strategy, fundraising to open a new future
SZSH intends to invest all the funds raised this time in functional material expansion and upgrade projects, and R&D center construction projects, and the rest will be used to supplement working capital. By introducing high-end production lines and supporting equipment, the company has effectively improved its technical capabilities in multiple fields, laying a foundation for the production of high-clean and high-performance products. At the same time, research and development capabilities are the top priority of the company’s future development. Upgrade and product upgrade, expand new R&D directions, market hotspots and cutting-edge products, and provide customers with competitive products and fast and high-quality R&D response services. In addition, the company can further develop more application scenarios in the consumer electronics field by supplementing its working capital, thereby creating new profit growth points.
The company's successful landing on the Science and Technology Innovation Board this time is an affirmation of the past development results and will open a new chapter in the company's development. In the future, SZSH will empower a new generation of high-end manufacturing with advanced functional materials, and strive to become the world's first square in the field of functional materials.