China's electronic precision components and modules invisible champion enterprise, SZCY Precision Technology Group, SZCY's higher value-added precision connectors and electronic module products contributed to 2.306 billion yuan in revenue in 2018, an increase of 42.69% year-on-year, accounting for all revenue The proportion has also increased from 19% in the previous year to 26.74% in the current period. The financial report shows that the gross profit margin of the company's precision connectors and electronic module products reached 28.05% in 2018, which was 10.84% higher than the gross profit margin of traditional consumer electronic ultra-precision parts and module products. The continued increase in sales of high value-added products is expected to drive the increase in the overall gross profit margin of Everwin Precision.
In terms of specific products, SZCY introduced that through continuous R&D investment and technological innovation, the periscope structural components developed by the company have changed the previous presentation of smart phone camera modules and realized a true full screen of smart phones. As OPPO Find X, vivo Nex, Huawei P30 and other high-end mobile phones successively adopt camera modules with periscope structure, the periscope structure may become the mainstream trend of smart phones in the future, and Changying Precision is expected to become one of the biggest beneficiaries.
The folding screen hinge developed by SZCY has entered the customer verification stage. The technical goal of this product is to solve the problem of the screen rotation is not pulled and 180° flat. Insiders pointed out that the folding screen hinge that SZCY is developing will be applied to the next generation of folding screen mobile phones in the future. If folding screen phones become the mainstream form of smart phones in the future, SZCY, as one of the few companies that can produce folding hinges, may continue to benefit.
"In addition to the optimization of product structure, Everwin Precision's customer structure in 2018 is also continuously optimized. The proportion of overseas sales (international customers) has increased from 14.56% in 2017 to 26.63% in 2018, and its dependence on the domestic market has further reduced. "The person in charge said.
SZCY's main business is the research and development, production and sales of precision electronic components. The company takes product design, precision mold design and manufacturing as its core competitiveness, and expands and improves the company’s business and product system, and gradually develops from precision manufacturing to ultra-precision manufacturing. The company’s service areas have also expanded to mobile communication terminals and new energy. Auto parts, robotics and other markets have become a large-scale manufacturing enterprise that develops, produces, and sells intelligent terminal parts, new energy vehicle parts, intelligent equipment and system integration.
±2μm Grade Processing Equipment and Capabilities
Products
Intelligent Terminal Components
Dielectric Waveguide Filter
Laptop type LDS antenna
Backlight
TYPE-C connector
Mg-Al alloy die-casting / plastic component
Composite shield
Precision Metal frame
TEM Dielectric Filter
Laptop type LDS antenna
Ultra-thin card
Hardware steel sheet
Smart speaker magnesium alloy die-casting
Wearable silicone, plastic composite parts
RGB class
High current connector
Phone back cover
Stainless steel stamped middle plate
Hardware shrapnel
….
EV Components
Busbar
Power battery cover
Rechargeable gun-double gun
Metal bipolar plate-stainless steel air cooling plate
Soft link
…
Customer Reference
Tesla, Magna, Apple, Huawei, Samsung…