Qingdao Gaoce Technology is now specialized in R&D, production and sales of cutting equipment for hard and brittle materials and cutting tools. The products are mainly used on silicon wafer for photovoltaic industry.
Based on its own core technology, Qingdao Gaoce has been continuously promoting R&D and application of diamond wire cutting technology in processing field of more and more high hardness and britle materials such as photovoltaic silicon materials, semiconductor silicon materials, sapphire materials, magnetic materials and other hard and britle materials processing fields, which aims at helping customers with cost reduction, improments. On productivity and quality.
Qingdao Gaoce is dedicated to provide integral cutting solution combined with cutting equipment, tools and processes for cutting and processing of hard and britle materials.
In the future, the company shall grasp any opportunities in the market and focus on the application of cutting solutions for hard and britle material systems in the photovoltaic industry based on core technology and in the meantime, shall continue to promote cutting solutions for hard and britle material systems in the photovoltaic industry and semiconductor Industry, sapphire industry, and magnetic materials industry to promote product and business innovation.
Qingdao Gaoce shall strive to become a global innovator and leader in terms of the application of diamond wire cutting technology, who provides competitive cutting solutions for hard and brittle materials all over the world.
| Full name | Qingdao Gaoce Technology Co., Ltd |
|---|---|
| Abbreviations | Gaoce |
| Code | 688556 |
| Founded | October 20, 2006 |
| Listing | August7,2020 |
| Domicile | Qingdao |
| Website | www.gaoce.cc |
| zq@gaoce.cc | |
| STAR Theme | High-end Equipment |
| CSRC Sector | Manufacturing |
| Has weighted voting rights structure? | No |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Earnings Per Share | 0.43 | 0.27 | 0.51 |
| R&D expenditure as a % of operating revenue | 11.52% | 9.91% | 9.66% |
| Operating Revenue | 746.10 | 714.24 | 606.70 |
| Net Income | 58.86 | 32.02 | 53.53 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Operating Revenue | 746.10 | 714.24 | 606.70 |
| Operating Costs | 473.80 | 459.71 | 373.46 |
| Operating Income | 56.55 | 30.01 | 58.29 |
| Pretax Income | 55.95 | 29.29 | 57.58 |
| Income Tax | -2.91 | -2.73 | 4.04 |
| Net Income | 58.86 | 32.02 | 53.53 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Assets | |||
| Current Assets-Total | 1539.57 | 1168.03 | 623.57 |
| Non-current Assets-Total | 379.64 | 277.58 | 197.29 |
| Total Assets | 1919.22 | 1445.61 | 820.86 |
| Liabilities | |||
| Current Liabilities-Total | 912.17 | 1020.48 | 560.37 |
| Non-current Liabilities-Total | 22.65 | 31.52 | 43.73 |
| Total Liabilities | 934.82 | 1052.00 | 604.10 |
| Stockholder's Equity | |||
| Share Capital | 789.87 | 259.36 | |
| Retained Profits | 194.53 | 134.25 | 101.93 |
| Total Owners' Equity | 395.03 | 393.61 | 216.77 |
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Net Cash Flows-Operating | 3.82 | 15.30 | 1.82 |
| Net Cash Flows-Investing | -42.51 | -64.76 | -66.22 |
| Net Cash Flows-Financing | 48.22 | 49.07 | 64.24 |
| Name | No. of Shares Held (mn) | % of Shares Held |
|---|---|---|
| 张顼 | 41.49 | 25.63% |
| 红线资本管理（深圳）有限公司－潍坊善美股权投资基金合伙企业（有限合伙） | 15.83 | 9.78% |
| 青岛知灼创业投资有限公司 | 8.38 | 5.18% |
| 青岛火山投资合伙企业（有限合伙） | 8.27 | 5.11% |
| 王东雪 | 5.01 | 3.09% |
| 尚华 | 4.90 | 3.03% |
| 胡振宇 | 4.90 | 3.03% |
| 金永焕 | 4.24 | 2.62% |
| 赵焕荣 | 3.77 | 2.33% |
| 青岛华资达信创业投资有限公司 | 3.40 | 2.10% |
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