On the evening of August 21, DGYA Advanced Materials Technology Group announced that the net profit attributable to shareholders of listed companies in the first half of 2020 was about 7.64 million yuan, a year-on-year decrease of 73.05%, and operating income was about 419 million yuan, a year-on-year decrease of 20.09%. .
DGYA's business covers new energy vehicles, liquid metals, medical magnesium alloys, consumer electronics, 5G precision communication base station components and other fields. At present, the company has leading core technologies in the new energy vehicles and liquid metal new materials industries, and has obtained core patented technologies with independent intellectual property rights.
DGYA said that with its unique new material technology, the company has the ability to acquire, research and develop and integrate industrialization. It not only establishes its own core technical barriers, but also has a place in the subdivisions. It also relies on a complete industrial chain, leading technical level and strict Quality system certification, becoming a new material company with strong growth potential.
In terms of new energy vehicles, DGYA has long been committed to the research and development of new lightweight materials for new energy vehicles. It has outstanding capabilities in technology, production capacity and on-site management of lightweight new materials for new energy vehicles. It has expertise in mold R&D and design, new material technology, surface treatment, etc. Leading research and development strength in the field, with strong lean production capabilities and complete industrial chain advantages.
The application of rare earth magnesium alloys, ultra-thin magnesium alloys and amorphous materials, precision die-casting molding technology, precision CNC processing technology, diversified surface treatment and assembly lines have been added to the lightweight of automobiles to ensure the stability and Precision can meet the needs of different customers for product functions and prices, provide customers with professional and fast one-stop service, and realize the common development of customers and the company.
At present, the company as a supplier has entered the supply chain of well-known international and domestic customers such as Tesla, CATL, BYD, Geely, TKP, HBA, TRW, GKN, JAC, LG, Faurecia, Continental, and Alpine.
In terms of liquid metal, DGYA's liquid metal product sales revenue reached RMB 70,978,800 in the first half of the year, an increase of 71.25% year-on-year, mainly due to the increase in liquid metal mobile phone hinge income.
DGYA has independent intellectual property rights in amorphous alloy composition, forming technology and equipment, etc. It has the design of amorphous alloy material composition, master alloy melting, precision mold design and manufacturing, precision machining, surface treatment and liquid metal vacuum forming With full-process capabilities such as equipment manufacturing, it has the largest amorphous alloy production line in China. It has achieved industry-leading advantages in the application and industrialization of bulk amorphous alloys, and successfully developed and produced bulk amorphous products.
DGYA has the ability and strength to produce liquid metal hinges. So far, the company has provided two liquid metal hinges for China's largest mobile phone terminal customer, Huawei, which are defined as the first and second generations.
DGYA is also the only company in the world that applies liquid metal to the automotive industry. The company's liquid metal materials are not only used in new energy vehicles, consumer electronics and other fields, but also in robotics and intelligent manufacturing. As of the end of the reporting period, the company's cooperation with well-known domestic and foreign customers such as Tesla, Green, Xiaomi, Huawei, OPPO, Lens Technology, ABB, and Sony has further strengthened.
For medical magnesium alloys, the DGYA R&D team "Biodegradable Magnesium Alloy and Related Implant Device Innovation R&D Team" is the second batch of innovative R&D teams introduced by Guangdong Province, and is an enterprise with core competitiveness in the field of biomedical materials. In 2018, the European Union (CE) registration application was filed. In April 2019, the company's biodegradable magnesium internal fixation screw project obtained the ISO13485:2016 system certificate. In July 2019, the company's degradable magnesium internal fixation screw clinical trial approval was officially passed, becoming the first domestic biodegradable metal screw approved for clinical use, marking a new stage in the industrialization of degradable metal implants.
It is understood that during the reporting period, DGYA's total investment in research and development was 61.107 million yuan, an increase of 23.35% compared to the same period last year. The company has a total of 101 authorized patents, including 27 invention patents, 65 utility model patents, 1 appearance design patent, and 8 foreign registered patents. The technological innovation advantage is further highlighted.
DGYA investment projects have invested a total of 262,684,100 yuan (including 168,502,200 yuan for the YAYH light alloy precision die casting production base project, 94.107 million yuan for the industrial expansion project of amorphous alloy (liquid metal) precision structural parts, and amorphous alloy (Liquid metal) R&D center construction project invested 74,400 yuan).