Archive by category: connector company

Today, when I read the news about connectors, I saw a copy of Connector company After reading the ranking article, I found that the content was relatively pertinent, so I specially reprinted it to share with the company's users. Although the company I work for is not on the list, I believe that Deso Electronics will also be on the list one day. If you want to purchase cost-effective connector products, you can call us directly at 400-6263-698. A professional connector technician will answer your questions.

In late August, domestic plug-in listed enterprises successively released their semi annual financial reports for 2020. Compared with the first quarter, with the gradual recovery of the domestic epidemic, the performance of the enterprise recovered. At the same time, most enterprises conform to the development of the times and national policies, actively adjust their own development strategies, and extend into 5G and new infrastructure related fields, making enterprises develop positively.

Lixun Precision: Both operating revenue and net profit are the first, tripling in two years

During the reporting period, Lixun Precision achieved an operating revenue of 36.452 billion yuan, an increase of 70.01% over the same period of the previous year; The net profit attributable to shareholders of the listed company was 2.538 billion yuan, an increase of 69.01% over the same period last year.

It is worth noting that among the 13 listed connector companies, Lucent Precision ranked first in terms of operating revenue, net profit and R&D investment, and its operating revenue was 16.7 billion yuan more than the total operating revenue of the other 12 companies. According to the 18 year semi annual report, Lixun Precision achieved a revenue of 12.025 billion in the first half of the year, ranking first; Aerospace Appliances ranked second with a score of 6.071 billion yuan. The business income has tripled in two years, especially in the case of economic downturn affected by the epidemic this year, which shows the rapid development momentum.

According to the report, the revenue of its consumer electronics business increased to 31.084 billion yuan in half a year, accounting for 85.27% of the total, up from 77.71% in the same period last year. The main products of Lixun Precision in this field include Type-C, Airpods, TWS, linear motors, mobile phone antennas, wireless charging, etc. The main driver of its growth is smart wearables with strong demand.

In the past two years, with Lixun Precision becoming the main supplier of Apple AirPods, the annual revenue and market value have increased accordingly.

It is understood that Lixun has taken 60% to 70% orders from Apple AirPods. Since this year's new iPhone 12 will not give away wired headsets, and Apple will launch AirPods 3, it is estimated that the total shipments of AirPods this year and next year will reach 90 million and 120 million respectively. In addition, Counterpoint Research predicts that the global wireless headset market will reach 120 million this year, and is expected to grow by 90% to 230 million next year. Lucent Precision, which has high-end precision wireless headset manufacturing technology, benefits from the trend.

As for Apple OEM, in the middle of July, Lixun Precision announced that it planned to invest 3.3 billion yuan to acquire 100% equity of Jiangsu Wistron, a subsidiary of Wistron Zitong, and 21.88% equity of Kunshan Wistron. If this acquisition is successfully completed, it will focus on the assembly of the complete iPhone. This acquisition will expand the existing business scope of the company and enhance its market competitiveness. It is understood that Lixun Precision has always been an important supplier of Apple connectors, providing components for MacBook, iPad and iWatch, and will become the main agent of iPhone+AirPods+AppleWatch in the future.

Lixun Precision has always placed R&D and innovation at an important position in enterprise development. During the reporting period, its R&D investment was 2.569 billion yuan, up 62.74% year-on-year. At the same time, in its semi annual report, it predicted that the net profit in the first three quarters would be 4.043 billion to 4.62 billion yuan, up 40% to 60% year on year.

Yihua Shares: Both revenue and profit rose, and high-speed communication connectors were distributed

During the reporting period, Yihua realized an operating income of 1.667 billion yuan, up 155.34% over the same period of the previous year; The net profit attributable to shareholders of the listed company was 128 million yuan, an increase of 391.43% over the same period last year.

Yihua Co., Ltd. ranked the 7th among 13 plug-in listed enterprises in terms of operating revenue, but its revenue growth rate ranked the first year on year, and its net profit ranked the second year on year. Yihua Shares said that the double growth of business and profit was due to the merger and increase of its subsidiary Yueqing Yihua New Energy Technology Co., Ltd. from December 2019.

According to the report, Yihua's domestic revenue in the first half of the year was 582 million yuan, up 35.70% year on year, mainly due to the significant increase in its high-speed connector business volume due to the full spread of domestic 5G construction; The foreign operating revenue was 1.014 billion yuan, up 482.06% year on year, mainly because the main customers of its wholly-owned subsidiary, Yihua New Energy, were overseas companies. After its merger, the company's foreign operating revenue increased significantly compared with the same period last year.

Yihua Co., Ltd. is deeply involved in the field of connectors, with communication connectors as the core, consumer electronic connectors as an important component, and other connectors such as automobiles as an extension. At present, under the premise of continuously consolidating the low-speed communication connector market, we are actively laying out high-speed communication connectors. The advantageous products are represented by SFP and SFP+optical connectors.

Yihua believes that the main development trend of high-speed connectors is miniaturization, long distance, hot plug, low power consumption, high speed, and the speed is more than 100Gps. Due to the characteristics of multiple varieties and small batch of connectors in the current market, latecomers need to invest a lot of money, manpower and time costs in product development and market development, and the threshold for entry is relatively high. Yihua shares have a first mover advantage in this emerging field.

In the future, 5G development and domestic substitution will bring new opportunities. In the context of Sino US trade friction, the localization trend of high-end connector supply chain is obvious. In the field of high-speed communication connectors, Yihua Holding Co., Ltd. has grasped the opportunity of industry development and focused on the R&D and manufacturing of 5G, 6G and optical communication modules. At present, high-speed products such as SFP28, QSFP28, and CXP have been mass produced.

Derun Electronics: "Upwind upturn", net profit attributable to parent increased by 523.68% year on year

During the reporting period, Derun Electronics achieved an operating revenue of 3.055 billion yuan, down 6.17% year on year; The net profit attributable to shareholders of the listed company was 171 million yuan, up 523.68% year on year.

Derun Electronics' net profit attributable to the parent company increased significantly. According to the past financial reports, Derun Electronics realized a net profit attributable to the parent company of 260 million yuan in 2018, an increase of 49.37% over the same period of the previous year; In the first half of 2019, the net profit attributable to the parent company was 27.4592 million yuan, down 47.65% from the same period last year; The 2019 annual report shows that the net profit loss attributable to the parent company is 584 million yuan, down 323.55% from the same period last year; In the first quarter of 2020, the company's net profit attributable to the parent company was 12.79 million, a year-on-year decrease of 41.3%. Therefore, from the beginning of 19 to the beginning of 20 years, Derun Electronics has been in a state of poor profitability. As explained in the report, due to the increasing downward pressure of the domestic economy, the revenue of household appliances and consumer electronics business declined to a certain extent; In addition, due to the declining prosperity of the automobile industry, especially the domestic automobile industry, the electrical system business revenue declined slightly;

However, in this year's semi annual report, Derun Electronics achieved a "headwind turnaround", turning losses into profits. According to the report, the growth was mainly due to the explosive growth and order delivery of new energy vehicles in Europe. The company's new energy vehicle charger business grew significantly over the same period last year.

It is understood that Derun Electronics has two basic sectors: household appliances, consumer electronics and automotive electrical systems, and is deeply expanding the new energy automotive electronics and Internet of Vehicles sectors. Moreover, during the reporting period, the business segments of automotive electronics and new energy vehicles maintained rapid growth, accounting for 20.35% of the business.

In the future, Derun Electronics will continue to strengthen the R&D investment in new energy vehicle products and high-end precision connector products. Its automotive products mainly include automotive connectors and harnesses, automotive electronics, on-board charging modules and the Internet of Vehicles.

According to investors' questions and answers, in the new energy vehicle on-board charger business segment, Derun Electronics is currently focusing on developing the European market, mainly supplying products for BMW, PSA, etc., and will continue to expand market customers.

In addition, Derun Electronics expects its net profit in the first three quarters to be 240 million to 310 million yuan, an increase of 400.26% to 546.18% year on year.

Electric connection technology: focus on the R&D of micro RF connector and cable connector components

During the reporting period, the operating revenue of the power connection technology was 1.078 billion yuan, up 19.84% year on year; The net profit attributable to shareholders of the listed company was 85.4738 million yuan, down 13.18% year on year.

Among them, the operating revenue of connector business was 373 million yuan, down 15.51% over the same period of the previous year; The operating revenue of electromagnetic compatibility business was 362 million yuan, an increase of 29.48% over the same period of the previous year. The operating revenue of other connector businesses was 217 million yuan, an increase of 423.62% over the same period of the previous year. The operating revenue of other businesses was 118 million yuan, a decrease of 8.56% over the same period of the previous year.

The growth of revenue is mainly due to the large-scale application of 5G mobile phones, the increase of single machine usage of main products and the increase of market share of the supplier of the core components of the main mobile phone customers, whose main customer shipments in the first half of 2020 have increased compared with the same period in 2019.

Interconnection technology focuses on the R&D of micro RF connectors and cable connector components, and its R&D investment ranks first among 13 listed companies. During the reporting period, the R&D investment was 122 million yuan, accounting for 11.32% of the operating revenue. By the end of the reporting period, the company had 113 domestic patents, including 16 domestic invention patents, 80 utility model patents and 17 appearance patents; There are 6 overseas patents and 14 applications. In terms of product quality and performance, it keeps pace with the international leading suppliers.

In the future, the power connection technology aims at the broad prospects of 5G development and constantly increases the layout of 5G related products. In the 5G era, electronic sub components are rapidly updated. Meanwhile, the emerging industries of 5G application scenarios, such as the Internet of Vehicles, the Internet of Things, wearable devices, and smart home appliances, are developing rapidly. The demand for related radio frequency connections has increased significantly, helping to expand the market demand for micro electrical connectors, interconnection systems, and related iterative products.

AVIC Optoelectronics: double "blossom" in the civil field, seize the opportunity of communication field and data center construction

During the reporting period, AVIC Optoelectronics realized an operating revenue of 4.810 billion yuan, up 4.46% over the same period last year; The net profit attributable to shareholders of the listed company was 663 million yuan, up 15.71% over the same period last year. The revenue in the second quarter was 3.01 billion yuan, up 23.31% year on year; The net profit attributable to the parent company was 499 million yuan, up 46.76% year on year.

The report shows that the main source of performance is the revenue of electrical connectors of 3.627 billion yuan, up 0.94% year on year, accounting for 75.41% of the revenue; The revenue of optical devices and optoelectronic equipment was 955 million yuan, up 16.68% year on year, accounting for 19.86% of the revenue; The revenue from other products was 228.7 million yuan, up 23.37% year on year, accounting for 4.73% of the revenue.

According to the report, in terms of technological innovation, AVIC Optoelectronics made technological breakthroughs in high-speed transmission, deepwater sealing, wireless transmission, intelligent interconnection and other fields in the first half of the year. In terms of market development, we should seize the opportunities of communication field and data center construction, and tap market demand in rail transit, power, medical, industry and other segments.

In the future, with the increase of planned demand in the defense field and its continuous layout in 5G and new energy vehicles, the annual goal of AVIC Optoelectronics will exceed expectations.

Defense field: The defense products of AVIC Optoelectronics involve almost all industrial and defense products markets, such as aerospace, ships, communication command, and military uniforms. It is expected that with the accelerated release of China's demand for upgrading weapons and equipment, the improvement of informatization will drive the growing demand for connector systems; This year is the end of the "13th Five Year Plan". The trend of localization and substitution will weaken the negative impact of overlay processing, and the demand for technology in the defense field will increase.

5G communication connector field: the 56Gpbs high-speed board to board developed by AVIC Optoelectronics with independent intellectual property rights has passed the whole project test and detection and the application verification and use of users, with stable performance and technology reaching the international advanced level. At the same time, it has independently developed more than 10 high-speed connector fully automatic production lines, The large-scale production capacity of more than 10 million high-speed connectors of various models has been realized. It is understood that AVIC Optoelectronics is an important supplier of Huawei, ZTE, Samsung, Ericsson and other major manufacturers at home and abroad.

High voltage connector field of new energy vehicles: AVIC Optoelectronics is an early developer of new energy vehicles in China Connector At present, the business enterprise can provide a comprehensive solution for high-voltage interconnection and charging system of new energy vehicles for the automotive industry. The semi annual report shows that in the first half of the year, AVIC Optoelectronics completed several key new model projects in the field of new energy vehicles, and carried out the construction of automated and intelligent production lines.

Changying Precision: overweight 5G intelligent products and new energy vehicles

During the reporting period, Changying Precision realized an operating revenue of 4.006 billion yuan, an increase of 1.20% over the same period last year, and a net profit attributable to shareholders of listed companies of 229 million yuan, an increase of 91.10% over the same period last year. In the second quarter, the company's operating income was 2.251 billion yuan, up 1.72% year on year, and the net profit attributable to the parent company was 146 million yuan, up 90.86% year on year.

Despite the epidemic situation and the downward impact of the mobile phone industry, the company still achieved a small growth, which can be attributed to its continuous promotion of "double adjustment", namely customer structure adjustment and product structure adjustment.

In terms of customer structure, the company has actively expanded international customers since 2017, and now has entered the industrial chain of major customers such as Apple, Samsung, Tesla, etc; In terms of product structure, the company continued to increase the development of non mobile phone business. During the reporting period, the company's non mobile phone business revenue accounted for more than 50%.

In terms of production of epidemic prevention materials, the daily production of masks can exceed 3 million, which has a positive effect on the company's performance.

Changying Precision constantly promotes new business, new products and new layout. During the reporting period, the company and its holding subsidiaries granted 177 patents (including 85 invention patents) and 245 new patent applications; A number of new businesses have grown, including intelligent wearable products, robots and industrial Internet.

In addition, the company also released the performance forecast for the first three quarters. It is estimated that the net profit attributable to the parent company in the first three quarters of 2020 will be 389 million to 409 million yuan, with a year-on-year increase of 106.78% to 117.41%. The net profit attributable to the parent company in Q3 was 160 million to 180 million yuan, with a year-on-year growth of 135.29% - 164.7%.

It is understood that Changying Precision plans to raise no more than 1.9 billion yuan in 2020 to increase the layout of 5G and new energy vehicle business. In the field of new energy vehicles, Changying Precision, with the support of the Shanghai government, established Shanghai Lingang Changying New Energy Technology Co., Ltd., which is close to Tesla's Shanghai factory, and is the most important part of Changying Precision's industrial layout in the new energy vehicle cluster in East China. In terms of 5G, Changying Precision has also set up a dedicated 5G module business department.

As for the future, Chen Xiaoshuo, the general manager and CEO of Changying Precision, said: "Our consumer electronics business is expected to reach the scale of 10 billion yuan next year. We hope that the goal of 10 billion yuan for consumer electronics and 10 billion yuan for new energy vehicle business can be achieved as soon as possible in the context of" two zones "."

S&W communication: 5G communication and wireless charging

During the reporting period, Xinwei Communication achieved a revenue of 2.557 billion yuan, an increase of 30.84% over the same period of the previous year; The net profit attributable to shareholders of the listed company was 329 million yuan, down 10.85% over the same period last year; The operating revenue in the second quarter was 1.513 billion yuan, an increase of 75.88% over the same period of the previous year; The net profit attributable to shareholders of the listed company in the single quarter was 266 million yuan, up 108.66% year on year.

With the development trend of RF communication industry becoming increasingly high-frequency, high-frequency means that the requirements for RF materials are getting higher and higher, which requires us to pay more attention to the capacity building of RF materials.

In recent years, S&W Communications has continued to increase its investment in research and development of basic materials and technologies. During the reporting period, the R&D investment of SINOVEN Communication was 258 million yuan, up 45.75% over the same period last year, accounting for 10.10% of the operating revenue. As of the end of the reporting period, the company had applied for 1365 patents, of which 227 were newly applied in the first half of 2020, including 10 BAW and 6 SAW RF front-end patents, 47 5G antenna patents and 10 LCP patents.

In the future, the key new businesses of the communication include 5G antenna, wireless charging business, LCP business and filter business.

With regard to the wireless charging business, since its layout in 2014, SINOVA has become the only core wireless charging supplier covering the world's top mobile phone manufacturers and world famous automobile manufacturers. At the same time, it is actively expanding the customers of global smart home manufacturers to provide customers with one-stop wireless charging solutions from materials to processes to products.

With regard to LCP business, SINOPEC has comprehensive capabilities from materials to processes to LCP modules. At present, it is cooperating with more than a dozen customers at home and abroad on projects, and some of them have achieved batch shipment. The company is building a medium scale LCP production line. With the implementation of the production line, its LCP business scale is expected to further expand next year.

As for the filter business, the idea for the layout of the RF front-end of the SVW communication is clear, and the filter will be used as a breakthrough to integrate the filter PA、Tuner、Swtich， Finally, RF front-end module will be developed to provide complete solutions for terminal manufacturers. At present, the focus of development is on filters. It is reported that SINOPEC is developing dozens of filters this year, and the products basically cover the frequency band of 2G communication to 5G communication.

Aerospace Appliances: focus on developing high-speed connectors

During the reporting period, Aerospace Appliances achieved an operating revenue of 1.878 billion yuan, up 15.99% year on year; The net profit attributable to shareholders of the listed company was 185 million yuan, down 1.21% from the same period last year. The revenue in the second quarter was 1.118 billion yuan, up 17.99% year on year; The net profit attributable to the parent company was 112 million yuan, up 2.28% year on year.

During the reporting period, Aerospace Appliances continued to increase its investment in the development of new products such as 5G connectors, high-speed connectors, inter board RF connectors, optical backplane and transmission integration, and overall links. The R&D expenditure in half a year was 155 million yuan, an increase of 28.24% over the same period last year.

As the orders of high-end electronic components have the characteristics of small batch and multiple varieties, the production of aerospace electrical products adopts the mode of "fixed production based on sales". The report shows that the connector revenue was 1.258 billion yuan, accounting for 66.97% of the revenue, an increase of 26.49% over the same period of the previous year; The motor revenue was 430 million yuan, accounting for 22.90%, down 0.27% year on year.

Industrial defense field: more than 70% of aerospace appliances products are sold to high-end customers in aerospace, aviation, electronics, ships, weapons and other fields. Industrial defense products basically cover all industrial defense equipment fields, and aerospace business accounts for a high proportion and has advantages.

Civil field: civil products of aerospace appliances are mainly supported by communication, petroleum, rail transit, electricity, security and household appliances markets. Benefiting from the 5G base station drive, in 2020, Aerospace Appliance will provide connectors for 5G base stations for mainstream communication equipment manufacturers at home and abroad. At the same time, it is accelerating its business expansion in multiple fields, such as optical transmission, high-speed interconnection, and new energy. Benefiting from the opportunities brought by domestic substitution, it focuses on developing high-speed connectors.

At the beginning of June this year, the South China Base of Aerospace Appliances held a ceremony for the commencement of construction, and plans to invest 2 billion yuan to build a research and production base that gathers electronic components in 5G communications, the Internet of Things, new energy vehicles, consumer terminals and industrial control.

Wutong Holdings: Both revenue and profit have declined, and continue to adhere to the two wheel drive strategy

During the reporting period, Wutong Holdings realized an operating income of 1.605 billion yuan, down 13.07% year on year; The net profit attributable to shareholders of the listed company was 28.5137 million yuan, down 72.83% year on year.

Under the situation of loss in the first quarter due to the impact of the COVID-19 epidemic, Wutong Holdings made efforts to overcome difficulties and focus on 5G products and businesses. The revenue and net profit in the second quarter increased significantly month on month, and also increased to a certain extent year on year, making its overall performance in the first half of the year turn loss into profit.

With the arrival of the 5G era, higher requirements are put forward for wireless transmission and coverage. Under the wave of mobile Internet development, Wutong Holdings took the initiative to implement strategic transformation, expanding its business field from communication infrastructure connection to Internet application connection, and establishing a dual wheel driven development strategy of communication intelligent manufacturing and Internet mobile information service.

"The company will continue to adhere to the two wheel drive strategy, vigorously develop the two business segments of communication intelligent manufacturing and Internet information services, and continue to improve the industrial layout around the" big connection ". At the same time, it will actively comply with the development trend of TMT industrial integration, and increase the strategic layout and R&D investment in 5G related key products and applications." The relevant person in charge of Wutong Holdings said.

Wutong Holdings focuses on future 5G products and businesses, such as 5G core devices, industrial intelligent devices, etc.

In 2020, Wutong Holding will focus on supporting the construction needs of 5G communication projects, and cooperate with ZTE, Guoren, Mobi and other customers to develop: antenna system outdoor protection products, inter board test anti swing connection products, antenna floating test Pogo pin products, large-scale array inter board connection SMP connector series, etc., laying a good foundation for its future product business growth, It also caters to the requirements of the development trend of the connector industry.

Jinxinnuo: both revenue and profit drop, and layout in the satellite Internet field

During the reporting period, Jinxinuo realized an operating revenue of 1.033 billion yuan, a year-on-year decrease of 20.81%; The net profit attributable to shareholders of the listed company was 14.5019 million yuan, down 52.51% year on year.

The main business of Kincino is medium and high-end RF coaxial cables, connectors, and printed circuit boards. Affected by the epidemic, except for the PCB series, the revenue of communication cables, optical fiber cables and communication components of Kincino's main business in the reporting period showed a negative growth year on year.

At present, Kinsino is committed to product innovation and technology leadership in the subdivided fields, such as the high-frequency and high-speed PCB field of signal interconnection products, the wiring harness and electromagnetic compatibility design field of special science and engineering, which are new products in the subdivided fields outside the field of RF coaxial cables.

In the field of high frequency and high speed, Kingsignor is comprehensively laying out the high-speed cable and component market from "internal line" to "external line", rapidly completing the construction of the whole industrial chain of miniSAS HD and Slimline series products, and realizing the independent research and development and industrialization process of QSFP28 series DAC components.

Kincino's product solutions cover communication, transportation, IoT (Internet of Things), special science and engineering and other fields. In the communication field, it provides deep coverage solutions (4G/5G communication solutions, indoor coverage solutions, satellite communication solutions) and ultra wideband solutions. The report shows that at the current stage, Kingsignor focuses on the R&D and manufacturing of 5G products. On August 14, it released a new product of intelligent portable satellite communication terminal, which is distributed in the field of satellite Internet.

As of the end of the report period, Kingsignor had 377 patents, including 37 invention patents, and drafted 13 international standards which were reviewed and issued by the International Electrotechnical Commission (IEC).

Yonggui Electric Appliances: both revenue and profit drop, seize the strategic development opportunity of "civil integration"

During the reporting period, Yonggui Electric realized an operating revenue of 494 million yuan, down 2.18% year on year; The net profit attributable to shareholders of the listed company was 42.9891 million yuan, down 24.23% year on year.

The report shows that the main reason for the decrease in net profit is that during the reporting period, the company sold 100% of the equity of its wholly-owned subsidiary Yiteng Electronics, and completed the asset delivery procedures in May 2020. In June 2020, Yiteng Electronics' revenue and profits were no longer included in the scope of consolidated statements, resulting in profits and losses of -8632100 yuan.

During the reporting period, the company closely followed the national strategy and steadily promoted and developed in depth in the three business segments of rail transit and industry, vehicle and energy information, industrial defense and aerospace.

In the rail transit and industry sector, the revenue during the reporting period was 266 million yuan, up 32.24% from the same period last year, of which the revenue of rail transit connectors grew steadily, and the rail transit door system and battery box products in the incremental business released their performance during the reporting period.

In the vehicle and energy information sector, the revenue during the reporting period was 184 million, down 25.42% compared with the same period last year. In addition, the industrial defense and aerospace businesses were affected by the epidemic, and their income also declined.

Yonggui Electric occupies a leading position in the segment of domestic rail transit connectors. In recent years, it has continuously expanded in depth, and has formed seven major rail transit product layouts, including connectors, door systems, shock absorbers, gangways, axle counter signal systems, pantographs, and battery boxes. In addition, it seized the opportunity of rapid development of the industry in the field of vehicle and energy information; Seize the strategic development opportunity of "civil integration" in the field of industrial defense and aerospace.

Shenglan Shares: expand the market of new energy vehicle connectors and components, optical lenses

During the reporting period, Shenglan realized an operating income of 321 million yuan, an increase of 6.73% over the same period of the previous year; The net profit attributable to shareholders of the listed company was 38.75 million yuan, up 30.06% year on year.

Shenglan was founded in 2007 and listed on the Science and Technology Innovation Board in June 2020. Its main products include consumer electronic connectors and components, new energy vehicle connectors and components, optical lenses, etc., which are used in the fields of consumer electronics and new energy vehicles.

The report shows that due to COVID-19 and other factors, the overall sales of consumer electronics and new energy vehicles in the first half of 2020 showed a downward trend. Affected by this, the sales revenue of consumer electronic connectors and components of Shenglan Co., Ltd. slightly increased by 6.58% over the same period of last year, while the sales revenue of new energy vehicle connectors and components decreased by 14.82% over the same period of last year.; The sales revenue of optical lens products developed in 2019 increased by 30.86% year-on-year.

In the first half of the year, Shenglan's R&D expenditure was 18002300 yuan, a year-on-year increase of 20.48%, accounting for 5.60% of the operating revenue. It is understood that the Type-C product developed by the company with high current and anti electrolyte corrosion has begun to ship in small quantities; SlimSAS high-speed connector products developed are undergoing small batch trial production.

According to the report, Shenglan continued to adhere to the strategy of key customers and actively maintained the cooperative relationship with key customers such as BYD, Foxconn, Lixun Precision, Huawei, OPPO, VIVO, Nippon Electric and SAIC GM Wuling; At the same time, adhere to the customer demand orientation, continue to tap customers through various ways such as "old customers, new products, old products and new markets", and actively explore customers in automobile, communication, industry, medical and other fields to cope with the impact of COVID-19 epidemic and uncertainties at home and abroad, and maintain the continuous and stable growth of the company's performance.

Laimu Shares: focus on the layout of the automobile connector market

During the reporting period, Laimu realized an operating income of 217 million yuan, up 0.79% year on year; The net profit attributable to shareholders of the listed company was 19.5735 million yuan, down 14.35% year on year.

During the reporting period, the revenue of auto precision connectors, components and accessories was 102 million yuan, down 18.93% year on year; The revenue of mobile phone precision connector was 12.073 million yuan, up 29.62% year on year. At the beginning of the year, Laimu Co., Ltd. independently developed a production line for masks and melt blown fabrics to help enterprises resume production.

At present, China is the world's largest automobile producer and the world's largest mobile communication terminal producer, which has led to the rapid development of precision electronic component industry, including automobile and mobile phone connectors and shielding covers. It is understood that Laimu has realized the supply of well-known companies in the automotive field, such as Valeo Group, Costa Group, Visteon, BYD, Harman, Continental Automotive Electronics, Trina Solar, Magna, and Ningde Times.

In the field of automotive electronics, the company has grasped the development trend of automotive production platformization, modularization and lead-free and the opportunity of global supply chain restructuring in the automotive parts industry, constantly launched high-quality products that meet the needs of domestic and foreign markets, developed new electronic module connectors synchronously with tier one suppliers and mainstream vehicle manufacturers, and further cooperated to develop high-speed and high-definition transmission connectors High voltage and high current connectors, high-frequency connectors, etc.

summary

In the first half of 2020, the severe economic situation at home and abroad and the COVID-19 epidemic have caused certain pressure and impact on the operation of companies. However, with the development of 5G communication, computing technology, new energy and other emerging industries, downstream smart phones, Internet of Things products, industrial robots, autonomous vehicles, new energy vehicles and other markets have developed rapidly, The upgrading of the electronic component industry is also accelerating, and the connector market has a good prospect.

In addition, in addition to continuing to deepen their main business, almost all connector listed enterprises have set foot in 5G communication, intelligent interconnection and new energy vehicles, and have increased the research and development of high-frequency and high-speed connectors. The overall technical level of connectors in China is developing towards a higher direction, and the competitive advantage of enterprises with strong R&D strength is increasingly prominent.

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