On April 17, Nanjing Sanchao New Materials Co., Ltd. released its 2017 annual report. According to the report, benefiting from the overall prosperity of the downstream PV industry, and with the continuous maturity of diamond wire cutting + black silicon technology, the electroplated diamond wire has rapidly spread to large-scale application in the field of polysilicon chipping, and the demand for diamond wire market has exploded. Growth situation. In 2017, the company realized operating income of 289.139 million yuan, an increase of 82.16% over the same period of last year; the net profit attributable to shareholders of listed companies was 86.126 million yuan, a year-on-year increase of 127.14%. Among them, diamond wire business accounted for more than 85% of operating income, up 91.56% year-on-year.
The overall situation of Nanjing Sanchao New Materials' operating income in 2017
Is an opportunity and a challenge
In 2017, the application of diamond wire in the field of polysilicon cutting is progressing rapidly, and the market demand is exploding. How to seize the opportunity, rapidly increase production capacity and meet market demand, become the focus of the annual work of Sanchao New Materials. In response to this situation, Sanchao Materials adopted a number of measures to accelerate the implementation of the fundraising project and the expansion of the project. Based on the production of the 1 million-kilometer diamond wire saw fundraising project, the production line was speeded up and the existing plant was fully utilized. And the rental plant is further expanded. Since the second half of 2017, the production capacity of Sanchao New Materials has been rapidly and continuously improved and released, and its performance has been greatly improved.
Increase R&D investment and enhance product competitiveness
With the continuous release of the production capacity of diamond wire production enterprises in 2018, the diamond wire enters the Red Sea from the blue sea, and the diamond wire supply exceeds demand. The diamond wire enterprises enter the stage of product quality and cost performance. Some enterprises with backward technology and high cost will Will be eliminated. Three super new materials are not complacent because of the high profits, knowing that the market competition pressure is great. By increasing R&D investment, continuously upgrading and improving equipment and adopting a number of technical reform measures, while improving the production efficiency of diamond wire, the product quality and yield rate have also been greatly improved, the production cost has been further reduced, and the product market competitiveness has been further improved. To prepare for the future price war of diamond wire.
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