PCB equipment factory Chuanbao Technology Zixiangming completed the acquisition of 100% of Baohong Technology's equity. Baohong Technology's revenue has been included in Sichuan Bao Technology's revenue since August. Sichuan Bao Chairman Zhang Hongming pointed out today.

PCB equipment factory Chuanbao Technology has completed the acquisition of 100% of Baohong Technology's equity from Xiangming. Baohong Technology's revenue has been included in Chuanbao Technology's revenue since August. Chuanbao Chairman Zhang Hongming pointed out today (25th) that while the PCB industry is booming, Chuanbao will drive high growth with the double arrows of the PCB and semiconductor industries.

legal person circle estimates that after Sichuan Bao included Baohong Technology, Baohong's annual revenue will be included in Sichuan Bao Technology. Coupled with the launch of its new PCB exposure equipment, its revenue next year is expected to double from 760 million yuan in 2016.

Zhang Hongming was interviewed and made the above statement before the unveiling of today's TPCA Show 2017.

Zhang Hongming said that Baohong Technology, which is engaged in semiconductor equipment repair and renovation business, has been included in Sichuan Bao Technology's revenue since August. In fact, with Baohong Technology's team and its core technologies, it may not be limited to the maintenance business of semiconductor equipment in the future. With the current market's strong investment in the semiconductor industry, it will still be able to further develop in this regard.

For Chuanbao Technology's PCB exposure equipment business, Zhang Hongming said that the current PCB market is booming, and the market demand for Chuanbao's exposure equipment has increased significantly since this year. At present, Chuanbao Technology has received orders in December and is now accepting orders in January and February next year. At the same time, new products will be launched next year for advanced direct imaging exposure technology that undertakes American technology.

Chuanbao's revenue in the first half of the year was RMB 607 million, gross profit margin was 35.23%, and the after-tax net profit was RMB 72.79 million, an annual increase of 1.19 times, and the pure profit per share was RMB 1.79. Sichuanbao has been merged into Baohong's revenue since August. The company's revenue in September was 134 million yuan, a record high in 30 months, with a monthly increase of 21.1% and a year-on-year increase of 1.49 times, and its revenue in the first nine months was 940 million yuan, a year-on-year increase of 59.33%. Sichuanbao's third quarter revenue was RMB 332 million, a record high in the ninth quarter, with a quarterly increase of 1.4% and an annual increase of 80.1%.