Brief Introduction

Shenzhen Xinyichang Technology Co., Ltd.., founded in June 2006, is one of the few intelligent manufacturing equipment enterprises with independent R&D and production capacity of core components in China. It mainly engages in R&D, production and sales of intelligent manufacturing equipment for LED, capacitors, semiconductors, lithium batteries and other industries.

After years of development and accumulation, the company has become a leading enterprise in the field of LED die bonder and capacitor aging test intelligent manufacturing equipment in China. Meanwhile, with profound research and development strength and continuous technological innovation ability, the company has successfully entered the field of semiconductor s die bonder and lithium battery equipment. In addition, some of the core parts of intelligent manufacturing equipment products, such as drivers, high-precision reading heads, linear motors, voice coil motors, etc., have been developed and produced by ourselves.

With excellent product quality, technological innovation ability and efficient and high-quality supporting service ability, the company has accumulated rich quality customer resources and built a good brand image, becoming the preferred partner of many well-known enterprises at home and abroad. In the field of LED, the company's customers include NATIONSTAR(国星光电)、Suzhou Dongshan Precision Manufacturing(东山精密)、Shenzhen MTC(兆驰股份)、San'an Optoelectronics(三安光电)、Tianshui Huatian Technology(华天科技)、HONGLITRONIC(鸿利智汇)、Shenzhen Refond Optoelectronics(瑞丰光电)、Ledman(雷曼光电)、XINDECO(厦门信达)、Shenzhen Kinglight(晶台股份) and other well-known companies, and maintain good cooperation with international well-known manufacturers such as SAMSUNG、EVERLIGHT Electronics(亿光电子). In the field of capacitors, the company's customers include Aihua Group(艾华集团)、Nantong Jianghai Capacitor(江海股份) and other well-known companies. In the field of semiconductor, the company's customers include Jingdao Microelectronics(晶导微)、Orient Chip(灿瑞科技)、Yangzhou Yangjie Electronic Technology(扬杰科技)、TongFu Microelectronics(通富微)、Good-ark Electronics(固锝电子) and other well-known companies.

In the future, the company will continue to strengthen investment in research and development, while consolidating the competitiveness of the existing products, and continue to expand its product chain in depth, committed to become a leading provider for complete set of solutions in the field of intelligent manufacturing equipment.

Company Overview

Full name Shenzhen Xinyichang Technology Co., Ltd
Abbreviations Xinyichang
Code 688383
Founded 28th June 2006
Listing 28th April 2021
Domicile Shenzhen
Website http://www.szhech.com/
Email xinyc@szhech.com
STAR Theme High-end Equipment
CSRCSector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 1.40 1.17 -
R&D expenditure as a % of operating revenue 7.00% 6.33% 4.83%
Operating Revenue 704.33 655.30 698.93
Net Income 107.52 87.75 102.15

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 704.33 655.30 698.93
Operating Costs 448.82 418.33 474.99
Operating Income 121.68 104.04 119.23
Pretax Income 121.50 104.10 118.65
Income Tax 13.98 16.35 16.49
Net Income 107.52 87.75 102.15

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 1022.73 742.95 729.41
Non-current Assets-Total 269.09 156.42 79.31
Total Assets 1291.82 899.37 808.73
Liabilities
Current Liabilities-Total 633.28 385.02 458.32
Non-current Liabilities-Total 83.33 47.93 5.06
Total Liabilities 716.61 432.95 463.38
Stockholder's Equity
Share Capital 407.80 407.80 97.10
Retained Profits 167.41 58.62 247.08
Minority Interests 0 0 1.16
Total Owners' Equity 575.20 466.42 345.35

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating 121.50 44.33 7.40
Net Cash Flows-Investing -60.65 -89.94 -34.00
Net Cash Flows-Financing 3.25 38.99 16.82

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
胡新荣 37.63 36.85%
宋昌宁 30.79 30.15%
深圳洲明时代伯乐投资管理合伙企业(有限合伙) 3.64 3.56%
深圳市春江投资合伙企业(有限合伙) 2.25 2.20%
李国军 1.60 1.57%
颜耀凡 0.69 0.68%
中国工商银行-广发大盘成长混合型证券投资基金 0.59 0.58%
中国平安人寿保险股份有限公司-投连-个险投连 0.58 0.57%
林蔚山 0.57 0.57%
中国银行股份有限公司-宝盈新锐灵活配置混合型证券投资基金 0.50 0.54%
As of 20th May 2021

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