MLCC is one of the largest passive components in the world. In recent years, accelerating the development of the semiconductor industry has become a national strategy, and the proportion of localization of Electronic components will be greatly increased. Driven by the new infrastructure applications LED by 5G applications and the substantial increase in localization replacement demand, my country’s electronic components application demand volume will increase substantially.
Especially in the context of the lack of cores in the electronics industry and the price increase this year, the localization of electronic components is also accelerating, driving the rapid growth of MLCC manufacturers’ revenue.
On August 26, Fenghua Hi-Tech released a semi-annual performance report saying that in the first half of 2021, the operating income was about 2.697 billion yuan, a year-on-year increase of 51.85%. , reaching a record high in a single quarter; the net profit attributable to the parent was 506 million yuan, a year-on-year increase of 98.77%, of which the profit from the main business in the second quarter hit a record high.
△Source: Screenshot of Fenghua Hi-Tech’s financial report
In the first half of 2021, Fenghua Hi-Tech will accelerate the construction of main product investment projects, and accelerate the progress in batches and steps. The first phase of its new high-end capacitor base project with a monthly output of 45 billion has been successfully put into production; the technical transformation and expansion project of a new monthly production of 28 billion chip resistors has completed most of the equipment selection, plant decoration and part of the process relocation. advance in sequence.
According to the data, Fenghua Hi-Tech is a high-tech enterprise specializing in high-end new components, electronic materials, electronic special equipment and other basic electronic information products, including MLCC, chip resistors, chip inductors, ceramic filters, semiconductor devices, Thick film integrated circuits, varistors, etc., products are widely used in consumer electronics, communications, computers and intelligent terminals, automotive electronics, power and industrial control, medical and other fields.
Fenghua Hi-Tech’s main product is called “industrial rice”, which is the basic product of the semiconductor industry and electronic information industry. Accelerating the development of the semiconductor industry and increasing the proportion of localization in the industry chain has become a national strategy. In the future, with the comprehensive development of the new generation of 5G communication technology Promotion and application, automotive electronics, industrial automation, big data and other growing market applications have increased demand, providing a very broad market growth space for electronic components.
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