Wanye Enterprise released its 2023 annual report and 2024 first quarter report. Its integrated circuit business increased by nearly 70% year-on-year and its transformation has achieved remarkable results.
Wanye Enterprise (600641) released its 2023 annual report and 2024 first quarter report. In 2023, the company will achieve operating income of 965 million yuan and net profit attributable to the parent company of 151 million yuan. Among them, the company's integrated circuit equipment manufacturing business revenue increased significantly by 67.53% compared with the same period last year, and the company's strategic transformation towards the integrated circuit field has achieved significant results. In the first quarter of 2024, the company achieved operating income of 99.1253 million yuan, deducting non-attributed net profit of 12.8197 million yuan. Keshitong delivered the first large-beam ion implanter for CIS and shipped a total of 8 units to multiple repeat order customers. For ion implanter equipment, several new customers added repeat orders in April, achieving a "good start" and showing strong "core" momentum again.
In 2023, the semiconductor industry will show a downward cyclical trend under the influence of the macroeconomic situation. At the same time, the company is in a period of conversion of old and new industrial momentum, the real estate sector has entered the final stage, and the company is in a period of high investment in the semiconductor equipment business. During the reporting period, the company's high investment in R&D, which increased by more than 50% year-on-year, helped the company extend its independent and controllable core equipment matrix, and was committed to developing a full range of ion implanter products, including large-beam implanters and medium-beam ion implanters for CIS. New products such as machine, hydrogen ion large beam implanter and high-temperature ion implanter for silicon carbide continue to lead the industrial application of domestic high-end ion implanters. In addition, multiple regional R&D and manufacturing bases across the country for Keshitong and Jiaxin Semiconductor have been completed and put into operation. Product research and development and market development are progressing simultaneously, accumulating strong momentum for leading the industry. As the current semiconductor industry undergoes a structural recovery, the company's integrated circuit business may experience massive growth.
Keshitong and Jiaxin Semiconductor are making progress together in "core" and are rapidly and steadily climbing to new heights of development.
As the leader in the domestic ion implanter industry, Keshitong is currently the only domestic supplier that truly achieves full coverage of the 28nm low-energy ion implantation process, and is the first to complete the verification and acceptance of the domestic high-energy ion implanter production line. Relying on the excellent performance of its products and equipment, Keshitong has added a number of new 12-inch chip wafer manufacturing factory customers since 2023, with the new order amount exceeding 270 million yuan. In the first quarter of 2024, Kashitong shipped a total of 8 ion implanter equipment to multiple customers with repeated orders. In April, several new customers placed repeated orders. At the same time, based on the concepts of forward design and independent innovation, Kaishitong continues to increase investment, persists in segmented fields, and continues to upgrade and optimize existing products and develop related new products around leading industries, including large-scale CIS-oriented products. Flow implanters, medium-beam ion implanters, hydrogen ion large-beam implanters and high-temperature ion implanters for silicon carbide, accelerating the construction of a full range of ion implanter product matrix. In the first quarter of 2024, Keshitong successfully delivered a large-beam ion implanter for CIS. Facing the broad development prospects of CIS, it established another new fulcrum for business growth. In addition, in 2023, the dual core of Kaishitong Jinqiao and Beijing new bases will be launched to further consolidate the company's comprehensive competitiveness such as R&D strength, customer service level, and production capacity guarantee.
Wanye Enterprise, Jiaxin Semiconductor was co-founded by the company and important experts. It has gathered a group of domestic and foreign mature technical teams, with the purpose of comprehensive process control, focusing on technology research and development, and the product line now covers CVD/PVD/ We are committed to creating one-stop equipment solutions for customers including etching, rapid heat treatment and other major process equipment. Since 2023, Jiaxin Semiconductor's new order amount has exceeded 130 million yuan, and the cumulative order amount since its establishment has been approximately 470 million yuan. In November 2023, Jiaxin Semiconductor's 140,000-square-meter equipment manufacturing base with an area of 109 acres was officially put into operation in Jiashan County, Zhejiang Province, further enriching the company's "1+N" semiconductor equipment product platform matrix, collaborating with the existing production research and service layout, in A nationwide trend of “locking fingers into fists and coordinating development” has formed, accelerating to seize the commanding heights of the industry.
