On March 30, Huate Gas released its annual performance report that in 2021, the company achieved revenue of 1.347 billion yuan, an increase of 34.78% year-on-year; the net profit attributable to shareholders of listed companies was 129 million yuan, an increase of 21.46% year-on-year.
In recent years, benefiting from the continuous development of emerging fields such as 5G, big data, Internet of Things, and new energy, the global semiconductor industry market has continued to grow. At present, the global fab has entered the accelerated investment and construction stage, with the rapid growth of domestic chips, the demand for semiconductor materials is more exuberant. The electronic special gas produced by Huate Gas is an indispensable key material in the production and manufacturing process of the semiconductor industry, and in the expansion of categories, it has increased research and development efforts, consolidated substitution capabilities, and helped the country accelerate the process of localization.
With the accelerated expansion of global fabs and the gradual release of production capacity, the downstream market demand for electronic special gases is broad, and the market space for electronic special gases continues to expand. In addition, with the rise of semiconductor manufacturing in mainland China, it has also accelerated the localization process of semiconductor materials. Electronic special gas accounts for about 70% of semiconductor wafer manufacturing applications, followed by panel display market accounting for about 20%. In addition, electronic special gas is also widely used in LED, optical fiber communication, solar cells, medical and health and other fields.
In 2021, Huate Gases will increase its market share through several aspects, such as new import categories, capacity release, increased customer sales and new semiconductor customers. The company has achieved good results in the proportion of downstream customers and the introduction of new products. In 2021, the company's supply to a single semiconductor customer exceeded 100 million yuan. With the increase in customer volume, in 2021, the company's top five customers sold 320.0562 million yuan, accounting for 23.75% of the operating income, an increase of 65.47% over the same period last year, the concentration of head customers was significantly improved, and the position of major customers was further strengthened.
In terms of product development, Huate Gases has formed a strong competitive barrier in special gas product categories, core technology research and development, semiconductor customer coverage of more than 8 inches, warehousing, logistics networks, and supporting services. During the reporting period, the company's special gas revenue was 796.8282 million yuan, an increase of 45.31% year-on-year, accounting for 59.82% of the main business income. Restricted electricity policy, raw material prices rose sharply and other factors, the company's net profit increased by 21.46% year-on-year, mainly due to the management team's accurate judgment of market development and the early layout of product expansion, which fully reflects the company's competitive advantage in the industry. (Proofreading | Lee)