On the afternoon of September 4, Huagong Technology held a 2018 semi-annual performance briefing. According to reports, this year, Huagong Technology has focused on key industries, cultivating product leadership capabilities, focusing on new growth points in new energy and 5G industries, and expanding overseas business layout.
In the new energy industry, the revenue of Huagong Technology's new energy vehicle business in the first half of the year increased by 175% year-on-year. In April this year, the subsidiary Huagong Laser New Energy Equipment Division was put into operation in Shenzhen and signed a strategic cooperation agreement with the industry chain partners.
Huagong Laser combines laser welding technology with automation and intelligent systems to create a fully automatic sealing line for automotive power batteries. In June, the first phase of the BYD Xining Power Battery Factory was officially put into production, and 14 automated battery production lines came from Huagong Technology. In addition, in the field of thermal management of new energy vehicles, Huagong Gaoli, a listed company, took the lead in China and occupied more than 60% of the domestic market share. In the first half of the year, Huagong Gaoli products successfully entered Dongfeng Nissan.
In terms of high-end laser pointer, in the first half of the year, Huagong Technology's picosecond lasers were standardized for mass production, and ultra-fast laser core seed sources were internally packaged and exported, and realized in the consumer electronics and display panel industries. At the Shanghai Light Expo in Munich in March this year, Huagong Technology launched a femtosecond laser, which is also currently being produced in small batches. In addition to industrial precision machining, it has also been applied in the medical industry.
5G application field, at the end of 2017, Huagong Zhengyuan, a subsidiary of Huagong Technology, invested 60 million to establish a light chip joint venture company, specializing in semiconductor laser chips for communication. The company expects that 10G optical chips will be mass-produced this year, and 25G optical chips will also be in 2019. Achieve mass production.
In addition to the continuous introduction of new products to adapt to the market, Huagong Technology's "laser + system solution" strategy is also vigorously promoted. Recently, Huagong Technology and Wuchuan Heavy Industry reached a strategic cooperation, based on its "laser + automation" solution and Huagong Saibai's intelligent manufacturing information technology, to create "intelligent production line" and "smart factory" for Wuchuan.