Changguang Huaxin's revenue in the first half of the year was 142 million yuan, and its net profit decreased by 117.97% year-on-year

On August 30th, Changguang Huaxin released its results for the first half of 2023. In the first half of this year, the company achieved a revenue of 142 million yuan, a year-on-year decrease of 43.23%; Net profit attributable to shareholders of the listed company -10.6374 million yuan, a year-on-year decrease of 117.97%.

Due to macroeconomic factors such as a slowdown in economic growth, market confidence is insufficient, and the demand for lasers in the first half of the year remains relatively weak. Coupled with the impact of the company's product price strategy adjustment, operating revenue has decreased year-on-year; At the same time, the company's capacity utilization rate is insufficient, resulting in higher amortization costs.

Changguang Huaxin focuses on the semiconductor laser industry, always focusing on the research and development, design, and manufacturing of semiconductor laser chips. Its main products include high-power single transistor series products, high-power bar series products, high-efficiency VCSEL series products, and optical communication chip series products, gradually achieving the localization of high-power semiconductor laser chips.

The company is closely following the development trend of downstream markets, continuously developing leading products, innovating and optimizing production processes, and laying out production lines. It has formed a matrix of four major categories and multiple series of products composed of semiconductor laser chips, devices, modules, and direct semiconductor lasers, and is a vertical industry chain company in the semiconductor laser industry.

Changguang Huaxin's core products are semiconductor laser chips, and relying on the design and mass production capabilities of high-power semiconductor laser chips, it extends vertically to downstream devices, modules, and direct semiconductor lasers, and horizontally to semiconductor laser chips such as VCSEL chips and optical communication chips. Its main products include high-power single transistor series products, high-power bar series products, high-efficiency VCSEL series products, and optical communication chip series products.

In terms of core technology, Changguang Huaxin covers the most core areas of the semiconductor laser industry, including device design and epitaxial growth technology, FAB wafer process technology, cavity surface passivation treatment technology, and high brightness beam combining and fiber coupling technology. The company has built mass production lines for 2-inch, 3-inch, and 6-inch semiconductor laser chips, and has a set of equipment related to epitaxial growth, wafer manufacturing, packaging testing, and reliability verification. It has also broken through key core technologies and processes in crystal epitaxial growth, wafer processing, packaging, and testing.

At present, the 2-inch production line is mainly used for the company's new direction of gallium nitride. The 3-inch production line is the mainstream production line specification in the semiconductor laser industry, while the 6-inch production line is the largest production line in the industry, equivalent to a 12 inch production line for silicon-based semiconductors. Most of the process steps have achieved production automation, achieving the development and mass production of high-power semiconductor laser chips. Important indicators such as chip power, efficiency, and brightness have reached international advanced levels.

In terms of team building, the company has always been based on its own platform, aiming to cultivate a new growing technological force. It has signed industry university research cooperation agreements with domestic universities and research institutes such as Sichuan University, a domestic university, Nanjing Laser Advanced Research Institute, Southeast University, and Suzhou Nanometer Institute of the Chinese Academy of Sciences, established joint laboratories, and promoted high-power semiconductor laser chip manufacturing technology, packaging technology We will conduct in-depth research on laser technology at various levels, including optical beam combining technology and fiber coupling technology, to further create a professional technical team with significant international influence.

Source: OFweek