On the evening of March 28, 2022, China's leading manufacturer of ultra high purity copper target, copper alloy target, high titanium purity target and high purity tungsten target: BJYY Advanced Material Technology Corporation issued an announcement:
The company increased the total investment of the target expansion project from 328 million yuan to 646 million yuan, the land area was increased from 100Mu to 140Mu, the construction area was increased from 29,000 square meters to 43,000 square meters, and the product structure was adjusted from some aluminum targets and titanium targets to copper. Target material.
At present, the company's target industry has successfully broken through key customers, and has successfully transformed from 4-6-inch products to 12-inch products.
BJYY's main business is positioned in high-end metal targets with huge development potential:
In the electronic sector business, BJYY has made continuous breakthroughs in core technologies such as ultra-high-purity material preparation, effective control of grain structure, welding and complex size processing. Verify that it has entered the mass supply stage;
The 12-inch new high-purity titanium target has been supplied in batches to many customers; the high-purity tungsten target has achieved zero breakthroughs in mainstream manufacturers.
Target customers cover SMIC, Dalian Intel, TSMC, UMC, North Huachuang and many other high-end customers.
BJYY has become the only company in China that mass-produces copper targets and has passed the verification of the head fab. At the same time, key products such as copper-based targets, anodes, and cobalt targets have been supplied in large quantities in important chip factories.
According to public information in 2021, the company has a target production capacity of 20,000 pieces per year. It is estimated that the company can achieve a target output of 38,000/6/80,000 pieces from 2022 to 2024, corresponding to a compound growth rate of 56.2% from 2021 to 2024.