Brief Introduction

Circuit Fabology Microelectronic Equipment Co., Ltd. (CFMEE), was founded in June 2015 with a registered capital of RMB 120.8 million. It locates in the Integrated Circuit Industrial Park of National High-tech Industry Development Zone, Hefei. The company, with its core competence in micro-nano direct imaging technologies, engages in design, development, manufacture, and marketing industry-leading direct imaging (DI) lithography systems, serving IC, photo mask, high-end PCB, IC packaging, and flat panel display markets among others.

CFMEE is a R&D driven company, owns a strong intellectual property portfolio of 79+ patents. Backed by its superior innovative solutions, the company has established "Foreign Expert Studio" and "Postdoctoral Research Station" upon government approval.

Since establishment in 2015, we have successively won a series of honor including "Little Giant of Science & Technology Cultivation Enterprises", "Hefei Direct Writing Lithography Equipment Engineering Research Center", "National High-Tech Enterprises" , "2018 Top 100 Enterprises in China's PCB Industry" and many other awards, including National Second Prize in 2019 "Maker in China" SME Innovation Entrepreneurship Competition and National Second Prize in the Innovation Entrepreneurship Competition for Advanced Manufacturing Industries in China.

CFMEE focuses on serving customers in the PCB and pan-semiconductor industries. With its superior products, it helps its customers achieving digitization, automation and intelligent manufacturing through product quality enhancement and cost saving. After many years of innovative research and development, our products have served morethan100 customers, including Shennan Circuits Co., Ltd. , Tripod Technology and other industry leading enterprises.To strengthen customer relations, CFMEE signed strategic cooperation agreements with its core customers, including some public listed companies.

We aim to "meet and exceed customer expectations". The company continuously improves its sales and after-sales service system. Currently, the company has set up three service offices located in Shenzhen, Suzhou, and Taiwan, respectively, to provide customers with 24/7 onsite technical support.

In 2020, the company built a 35,000㎡ facility that integrates R&D, manufacturing, and administration office together. It marks a new milestone in the path of CFMEE's growth. We will continue to pursue innovative strategies in technology development, corporate operation, talent acquisition and management, and create social and commercial values through technical innovation.

Company Overview

Full name Circuit Fabology Microelectronics Equipment Co.,Ltd.
Abbreviations CFMEE
Code 688630
Founded 2015-06-30
Listing 2021-04-01
Domicile Hefei,Anhui
Website www.cfmee.cn
Email yzwei@cfmee.cn
STAR Theme High-end Equipment
CSRC Sector Manufacturing
Has weighted voting rights structure? No

Financials

Highlights

  2020 2019 2018
Earnings Per Share 0.78 0.6 Not applicable
R&D expenditure as a % of operating revenue 10.95% 14.12% 19.45%
Operating Revenue 310.09 202.26 87.30
Net Income 71.04 47.63 17.29

Income Statement (Unit: RMB mn)

  2020 2019 2018
Operating Revenue 310.09 202.26 87.3
Operating Costs 245.67 155.43 78.51
Operating Income 63.49 51.38 17.82
Pretax Income 79.48 54.95 20.42
Income Tax 8.44 7.33 3.12
Net Income 71.04 47.63 17.29

Balance Sheet(Unit: RMB mn)

  2020 2019 2018
Assets
Current Assets-Total 536.31 440.12 152.37
Non-current Assets-Total 86.22 27.61 15.69
Total Assets 622.53 467.73 168.06
Liabilities
Current Liabilities-Total 172.01 117.26 46.55
Non-current Liabilities-Total 41.92 13.13 8.86
Total Liabilities 213.93 130.39 55.41
Stockholder's Equity
Share Capital 299.98 299.98 113.19
Retained Profits 108.61 37.35 -0.54
Total Owners' Equity 408.59 337.33 112.65

Cash Flow Statement (Unit: RMB mn)

  2020 2019 2018
Net Cash Flows-Operating -59.71 -15.88 1.82
Net Cash Flows-Investing 55.76 -91.69 -21.05
Net Cash Flows-Financing 13.61 164.59 27.96

Top 10 Shareholders

Name No. of Shares Held (mn) % of Shares Held
CHENG ZHUO 36.79 30.46
Hefei Yage Semiconductor Technology Partnership(L.P.) 12.6 10.43
Jingning Dingqing Electronic Technology Partnership(L.P.) 7.98 6.61
Suzhou Zhonghe Chunsheng No. 3 Investment Center(L.P.) 4.99 4.13
Hefei Kangtong Equity Investment Partnership(L.P.) 4.61 3.82
Shanghai Juyuan Juxin Integrated Circuit Industry Equity Investment Fund Centre(L.P.) 3.64 3.01
海通资管汇享芯碁微装员工战略配售集合资产管理计划 3.02 2.5
Hefei Innovation Sci-tec Venture Capital Co., Ltd. 2.60 2.15
SDIC(Ningbo)Science and Technology Achievements Transformation Venture Capital Investment Partnership(L.P.) 2.36 1.95
Shenzhen Qifu Guolong Small and Medium Micro-Enterprise Equity Investment Fund Partnership(L.P.) 2.22 1.84
As of 2021-04-01

Legal Statement

All information contained herein is provided by the underlying company itself and is for informational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. The Shanghai Stock Exchange does not guarantee its accuracy and reliability and shall under no circumstance be responsible or liable for any error or for any loss directly or indirectly arising from any inaccuracy or omission or from any decision, action or non-action based on or in reliance upon the information herein.

Users may view and download the information herein for personal and non-commercial use free of charge subject to the laws of the People's Republic of China and the Legal Statement. No part of the information herein may be copied, downloaded, stored in a retrieval system or transmitted in any form or by any means, rented, displayed, performed, reproduced, photocopied, altered, sold, broadcast, published or otherwise in whole or in part in any manner for commercial purposes, without the prior written consent of the Shanghai Stock Exchange.

Users are hereby reminded that the Legal Statement represents your legally binding agreement with the Shanghai Stock Exchange. By accessing or using this website, you are also signifying your agreement with and acceptance of all the contents in the Legal Statement. The Shanghai Stock Exchange reserves the right to amend and interpret the Legal Statement.