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China High Precision AMOLED/LTPS Photomask Supplier’s net profit has increased significantly Hay:I03SZQY

On April 28, 2023, China's leading Photomask Supplier, SZQY Optoelectronic Technology Corporation, released its annual financial report for 2022:

The company achieved a revenue of 1.462 billion yuan in 2022, a year-on-year increase of 40.12%; Realized a net profit attributable to the parent company of 210 million yuan, a year-on-year increase of 122.41%.

SZQY is mainly engaged in the research and development, design, production, and sales of Photomask, and is one of the earliest and largest Photomask production enterprises established in China. 

The main products of the company are photomask.It is a high-precision tool used for the transfer of graphic "negatives" in the manufacturing process of downstream industry products, and is a carrier of intellectual property information such as graphic design and process technology.

In the flat panel display Photomask business, SZQY has mastered the core technologies of the 8.6 generation, AMOLED, and LTPS displays and established differentiated core competitiveness

The company's AMOLED/LTPS high-precision Photomask plate technology and production capacity have been improved, with significant customer promotion results and rapid increase in product production capacity. The introduction of semi transparent mask (HTM) masks has been certified by multiple customers and gradually produced in mass;

The self adhesive coating of the Photomask substrate has been achieved in mass production. The production capacity of the HF factory is mainly used for high-end products such as AMOLED/LTPS, with some products having a resolution of 1600 pixels per inch (ppi) and have been applied to VR products.

The company is introducing a flat panel display mask lithography machine, which will further enhance the comprehensive production capacity and technical capabilities of the Hefei factory. The company actively lays out advanced high specification semi transparent mask (HTM) and high specification phase shift mask (PSM) technologies, which will become the core technologies for mask plates for future flat panel displays and semiconductor chips.

In the semiconductor chip Photomask business, SZQY promotes the development of the semiconductor chip mask business by increasing the production capacity of semiconductor chip mask products, optimizing the product structure of semiconductor chip masks, and increasing market share.

The company will seize the opportunity of domestic substitution for semiconductor chip mask plates and make breakthroughs in key customer expansion, delivering 250nm products in bulk to multiple customers; We have established a 180nm process testing platform, and our 180nm products have been certified by key domestic customers.

The company's semiconductor chip mask business mainly meets the needs of markets such as IC bumping, IC Foundry, IC Substrate, MinLED chips, MicroLED chips, and MEMS.

In terms of mask technology for flat panel displays, the company has achieved mass production of 8.6 generation high-precision TFT mask plates and 6 generation high-precision AMOLED/LTPS mask plates, achieved mass production of mask substrate coating process, and supplied multiple customers with semi transparent mask plates (HTM) products. It is gradually promoting the research and development of 6 generation ultra high-precision AMOLED/LTPS mask plates, as well as the planning and development of high specification semi transparent mask plates (HTM) and high specification phase shift mask plates (PSM).

In terms of mask technology for semiconductor chips, the company has achieved mass production of 6-inch and 8-inch mask plates for 250nm process nodes, completed customer testing and certification for mask plates for 180nm semiconductor chips, and is currently conducting process research and development for mask plates for 130nm-65nm semiconductor chips and planning for mask plate process development for 28nm semiconductor chips.

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