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Source: Changjiang Business Daily
Changjiang Business Daily reporter Zhang Lu
Domestic leading enterprise of clean room equipment—— Meiai Technology (688376. SH).
On May 22, Meiai Technology announced that it planned to invest about 1 billion yuan to build a high-end environmental protection equipment production base project (Phase I) to further meet the growing market demand and expand the company's product market influence.
Meiai Technology has more than 20 years of professional experience in providing air purification solutions. The company has a leading position in ultra clean technology in semiconductor, biopharmaceuticals, public health and other fields. The company has 7 domestic production bases and 2 overseas production bases, and its customers cover well-known semiconductor enterprises at home and abroad.
In recent years, relying on overseas production bases and overseas sales, Meiai Technology's overseas revenue scale has grown rapidly. In 2023, its overseas business contributed revenue of 171 million yuan, a year-on-year increase of 30.79%, and its gross margin reached 26.69%.
The company has also maintained a strong investment in research and development. From 2021 to 2023, the company's research and development expenses have accumulated to 169 million yuan.
Invest 1 billion to build environmental protection equipment base
A few days ago, Meiai Technology announced that the company plans to invest about 1 billion yuan to build a high-end environmental protection equipment production base project (Phase I), and the final investment amount is subject to the actual investment in project construction.
The announcement shows that the project site is located in the Airport Economic Development Zone, Jiangning District, Nanjing City, Jiangsu Province. The main products include medical purification equipment, biosafety filtration equipment, etc. The construction period of the project is expected to be 3 years.
The reporter of Changjiang Business Daily noticed that in recent years, with the help of semiconductor ultra clean technology, Meiai Technology has further expanded its air clean technology, and now has the ability to provide high-quality products and services to domestic and foreign leading enterprises in the fields of GMP biopharmaceuticals, photovoltaic, new energy, etc.
According to the 2023 financial report data, at present, the cleanroom air purification business accounts for the largest proportion in the total revenue of Meiai Technology, about 75%, followed by the indoor air quality optimization business, accounting for about 22% of the revenue, and the air pollution emission control business accounting for about 3% of the revenue.
In the announcement, Meiai Technology said that this project provides air filtration solutions required by waste gas treatment equipment, medical purification equipment and biosafety industry, which can form high value-added manufacturing products and industrial products, provide a full set of air purification treatment solutions for downstream fields, realize the perfect layout of the business chain, and improve the market share of downstream markets.
Double growth of revenue and net profit in 2023
According to public data, Mei'ai Technology was founded in 2001, devoted itself to the field of high-level air purification, focusing on the R&D, manufacturing, sales and service of semiconductor cleanroom environmental technology and products. In 2022, the company was successfully listed on the Science and Technology Innovation Board.
In recent years, with its profound technology accumulation in the semiconductor field, Mei'ai Technology has been based on the Chinese market, and has constantly distributed to the emerging semiconductor industry regions. At present, it has seven domestic production bases and two overseas production bases, and its customers cover well-known semiconductor leading manufacturers at home and abroad.
At the same time, the overall performance of Mei'ai Technology also maintained rapid growth. According to Wind data, from 2019 to 2022, the revenue scale of Meiai Technology will increase from 792 million yuan to 1.227 billion yuan; Net profit increased from 70 million yuan to 123 million yuan, and non net profit deduction increased from 70 million yuan to 113 million yuan.
In 2023, Meiai Technology will achieve a revenue of 1.505 billion yuan, a year-on-year increase of 22.68%, and a net profit of 173 million yuan, a year-on-year increase of 40.76%. The reporter of Changjiang Business Daily noticed that in recent years, relying on overseas production bases and overseas sales, the overseas income scale of American Egyptian Technology has grown rapidly.
According to the financial report, the company's overseas business contributed revenue of 171 million yuan last year, with a year-on-year growth of 30.79% and a gross margin of 26.69%. It is reported that Mei'ai Technology has established and acquired Mei'ai Manufacturing, Mei'ai Singapore, Mei'ai Thailand, Mei'ai Japan Research Institute, CA and other companies, respectively responsible for developing Southeast Asian markets such as Malaysia, Singapore and Thailand.
At present, Meiai Technology is accelerating its layout in the Southeast Asian market and has entered the supply chain of some core international customers.
In addition, Meiai Technology has also kept a strong investment in research and development. From 2021 to 2023, the company's research and development expenses were 46.8683 million yuan, 51.6979 million yuan and 70.1123 million yuan, showing a rising trend, with a cumulative total of 169 million yuan in three years. In terms of achievements and applications, by the end of 2023, the company has obtained 307 patents, including 26 invention patents.
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