On February 20, ZJLX Technology issued an announcement saying that in order to meet the needs of the company's main business development, the company's strategic emerging industries were developed with new technologies and new products. The company successfully developed silicon carbide crystal growth equipment with the support of the original sapphire production technology. On this basis, the company is planning a non-public stock issue. The funds raised from the non-public offering of shares are mainly used to invest in silicon carbide crystal materials and preparation projects.
It will continue to focus on the third-generation semiconductor crystal industry and expand the application of silicon carbide in 5G GaN-on-SiC HEMT, SiC SBD, SiC MOSFET, SiC IGBT and other component chips. The product is initially planned to be 4-6 inches Insulation sheets, 4H crystal N-type conductive silicon carbide substrates and other products, specific project budgets and product plans are being prepared.
According to the performance forecast, Luxiao Technology estimates that the company will realize net profit of 32 million to 48 million yuan in 2019. With the continuous improvement of the profitability of the main business, Luxiao Technology began to enter the field of high-end silicon carbide manufacturing for 5G communications.
On December 24 last year, ZJLX Technology signed a "Semi-Insulated Silicon Carbide Materials, Equipment R & D and Application Cooperation Agreement" with Beijing Zhongke Steel Research Institute and Guohong Zhongyu in Beijing. Carry out in-depth industrial chain technology and business cooperation in the technical research and development and industrial application of silicon carbide substrate wafers, epitaxial wafers, and related core process equipment.