Zhitong Financial APP learned that recently, 688376.SH said in a research activity that at first, foreign brands in the field of semiconductor clean rooms in China accounted for a relatively high proportion, but with the upgrading of domestic science and technology and industrial optimization, domestic brands are slowly occupying a dominant position in the field of domestic semiconductor cleanrooms.The company currently ranks first in the semiconductor clean room field, with a market share of 30%.In addition, Mei-E Technology said that the company will strengthen its future deployment in the atmospheric emissions, pharmaceutical industry and overseas markets.
According to the research data of Sullivan, a consultancy, the market size of clean room equipment in China has exceeded 90 billion yuan in 2019 and will exceed 140 billion yuan by 2024. According to the research data of Zhongyan, the size of China's air filter market is expected to exceed 15 billion yuan in 2025, and the market is expected to be good.
Meier Science and Technology pointed out thatAt present, the revenue mainly involved in the field is the semiconductor clean workshop, which accounts for about 50-60% of the revenue to the company.Biopharmaceuticals account for about 5-10% of revenue, commercial equipment sales account for about 5-12%, and follow-up services such as consumables replacement, equipment maintenance, equipment cleaning and system upgrading account for about 20%. With the company's deep ploughing, research and development in the air control market, the revenue from air emission control also accounts for 5-10%.
As for technical barriers, Meier Science and Technology pointed out that the company's core technology, patents and production processes are reflected in the company's ability to provide all-round air purification products and solutions under specific application scenarios. The company serves the field of clean room air purification, biological clean room and biosafety protection in the semiconductor cutting-edge process environment. The cleanable pollutants include gaseous molecular pollutants with aerodynamic diameter less than 0.001 microns, fine particles less than or equal to 2.5 microns, and heavy industrial dusts greater than 100 microns. Specific types include gaseous pollutants, fine particles, oil mist, soot, microbial viruses, heavy industrial dust and so on.
In terms of customers, Meier Technology saidSemiconductor Manufacturing International Corporation, Shanghai Microelectronics, BOE, Huaxing Optoelectronics and Tianma and other domestic high-end semiconductor and liquid crystal manufacturers are all customers of the United States and Egypt.The company's clean room air purification technology has reached the ISO1 standard and can fully meet the current requirements for the highest level of clean workshops in the semiconductor industry. "
As for the reasons for the decline in revenue growth in the past few years, Mei-E Technology explained that the company's revenue recognition methods are divided into two categories: one is the receipt of delivery, that is, the revenue of receipt; the second is that the revenue will not be recognized until the completion of the project acceptance after the delivery of the goods, that is, the acceptance income.Affected by the epidemic in recent years, the acceptance cycle of the company's products and the overall project has been lengthened, so the growth rate of acceptance income has fluctuated.