As a global leader in nonlinear optical crystals, FJFJ Optical Materials Technology Group has built extremely high technical barriers in the subdivision field.
FJFJ is the world’s largest supplier of LBO and BBO crystals, and also an important global supplier of Nd:YVO4 crystals. At present, FJFJ has expanded its business into three major businesses: crystal components, precision optical components and laser devices. The company’s LBO and BBO global market share The rates are about 70% and 50% respectively, and the global market in segmented areas is far ahead.
Industrial upgrading in the electronics industry, precision manufacturing drives the rapid development of the laser market
The laser industry has formed a complete and mature pyramid-shaped industrial chain distribution. FJFJ has taken the lead in the upstream links of laser materials and supporting optical components, and has established a strong technology and customer system moat. We see that laser precision machining is being applied in more and more fields, such as electronics, medical treatment, new energy, new materials, etc. With the continuous integration and intelligence of electronic products, precision manufacturing in the electronics industry has been in the upgrading stage. As 5G brings new applications for the Internet of Everything, we will see more products processed by laser. According to Industry Perspective forecasts, the demand for laser cutting will continue to grow at a relatively high rate. It is estimated that by 2023, the overall market for laser cutting equipment in China will reach 40.37 billion yuan.
Extend and expand existing technologies, and develop precision optical components and laser devices to bring new growth momentum
The company is expanding vertically in accordance with the strategic path of "materials-components-components-devices". It has now developed into three major businesses: crystal components, precision optical components and laser devices. In the first half of 2020, the revenue of optical components and laser devices has been separated. Accounted for 30.06% and 15.87%, FJFJ masters the core technology of upstream crystals, and extends downstream based on its own material advantages. The company will maintain the high added value of its products. In the first half of 2020, the company’s nonlinear optical crystals, laser crystal components and optical components will be The interest rates are 77.38%, 50.34%, and 42.73%. The vertical extension of the company's products will bring new growth space and power to the company.