On August 31, Qifeng Technology (836709) announced that on August 29, the company signed a sapphire furnace equipment purchase agreement with Shandong Hengtong Crystal Materials Co., Ltd. The total amount of the agreement is 33 million yuan, and the subject matter of the agreement is the ISS series sapphire crystal growth furnace (including thermal field).
The company said that the signing of the agreement is of great significance to the development of the company's sapphire business, further consolidating the company's market position in the sales of sapphire equipment and enhancing the brand influence of the company.
Haofeng Technology is committed to the development, production and sales of sapphire crystal growth and processing equipment, high-hard brittle material processing equipment and sapphire crystal materials. The main products include sapphire crystal furnace, sapphire rod machine, sapphire slicer and diamond wire. Equipment such as square machine, and crystal materials such as sapphire ingots and wafers.
It is understood that on April 27, 2016, Fufeng Technology successfully listed the new three boards and became a veritable “sapphire concept stockâ€.
According to financial report data, Gaogong LED realized that its operating income in the first half of 2017 was 46.214 million yuan, an increase of 1.95% year-on-year; operating profit was 6.143 million yuan, a year-on-year increase of 22.24%. Affected by the decrease in government subsidies in the first half of the year, the net profit attributable to the listed company's shareholders was 8,292,700 yuan, down 44.33% year-on-year; the net profit attributable to the listed company's shareholders after deducting non-recurring gains and losses was 6,168,300 yuan, a year-on-year increase. 41.77%.
According to the report, Qifeng Technology realized the mass sales of sapphire crystal growth equipment in the first half of the year, consolidating its position in the industrial chain of LED substrates and accelerating the cutting into emerging applications such as consumer electronics, optical components and medical beauty. Due to the certain period of equipment acceptance, some of the equipment shipped during the reporting period has not yet confirmed revenue.
Fufeng Technology fully utilizes the advanced equipment manufacturing technology and long crystal technology independently researched and developed to promote the coordinated development of the long crystal equipment and crystal materials business, orderly expand the material production capacity and enhance the market response capability.
It is worth mentioning that the basic construction of the Suzhou Hengjia 4 workshop in the first half of the year was completed. It is expected to be put into use in the fourth quarter of 2017. In the future, it will be mainly used for the research and development of large-size sapphire after-pass processing technology. The basic construction of the subsidiary Hengjia No. 1 workshop in Inner Mongolia was completed. The installation and commissioning of the equipment was carried out in an orderly manner. It was gradually put into operation in August. After the project is put into production, it will make full use of the local low power cost and mature large-scale crystal growth technology to become the company's important sapphire. Crystal material growth base.
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