JSSD Advanced Materials Technology Group is a leader in China's functional coating composite materials industry. In the future, it will seize the high-margin electronic-grade adhesive material market through OCA material fundraising projects and is expected to expand into the new energy vehicle lithium battery heat dissipation material market , And gradually realize domestic substitution in the field of high-end materials. It is long-term optimistic that the company will grow into a global leader in the field of functional coating composite materials in China. Its products are mainly used in consumer electronics, automotive electronics and other industries. With the rapid growth of downstream markets such as smartphones, tablet computers, wearable devices, automotive electronics, and power batteries, the application space for the company's products continues to open up.
The company has established long-term and stable cooperative relations with benchmark companies such as Apple, Huawei, Samsung, Panasonic, ZTE, OPPO, and LG.
With the expansion of downstream market applications, JSSD plans to invest 1.767 billion yuan to build six key projects in 2020 to increase production capacity while extending the layout of high-end products.
After the completion of the project, it is estimated that 6.289 billion new revenue and 709 million profit will be added each year, which is more than 6 times the profit scale of 1.11 in 19 years.
The focus is on OCA optical adhesive film, which is mainly used for touch screen bonding. It is mainly monopolized by overseas markets. STICK has begun to break through. Not only has it completed Apple, Tesla, and Facebook certifications, it is also the sole supply of Facebook's VR glasses. It is expected that the company will use OCA materials to invest in the field of electronic-grade adhesive materials. In the future, it is expected to enter the new energy vehicle lithium battery heat dissipation material market, and gradually enter the high-end material market.