Zhitong Finance App learned that on March 25, due to Ningxia Dunyuan Juxin Semiconductor Technology Co., Ltd. (abbreviation: Dunyuan Juxin) and the sponsor voluntarily applied to suspend the issuance and listing review process, in accordance with the relevant provisions of Section 59 of the “Shenzhen Stock Exchange Stock Issuance and Listing Review Rules”, the Shenzhen Stock Exchange suspended its issuance and listing review.
According to the prospectus, Dunyuan Coking is mainly engaged in R&D, production and sales of silicon components and quartz crucibles. The main products include silicon rings for semiconductor chip processing equipment, silicon sprinklers, silicon boats, silicon spray tubes, etc., monocrystalline/polycrystalline silicon component material products, and quartz crucible products for the production of semiconductor monocrystalline silicon and solar monocrystalline silicon.
The company's silicon component products are mainly aimed at chip equipment manufacturers and chip manufacturers. Specific products include: silicon rings, silicon spray heads, silicon boats, silicon boat bases, silicon inner tubes, silicon jet tubes, etc. The products are widely used in etching equipment, heat treatment equipment (thermal oxidation, annealing, diffusion) and chip processing equipment such as low pressure chemical vapor deposition; silicon component materials are mainly aimed at silicon component companies. The company's silicon component materials are also sold abroad while satisfying their own use; the main application scenarios of quartz crucibles are monocrystalline silicon (lifting method), the company's production process Products are mainly divided into semiconductor quartz crucibles As well as solar quartz crucibles, the products are widely used in the production process of semiconductors and solar monocrystalline silicon rods.
The main raw materials required for the company's production include silicon component materials, polycrystalline silicon materials, and quartz sand. During the reporting period, the company's important suppliers included Sino-US Silicon Crystal, Gaochuangte, Xinhua Semiconductor, Tiankuoshi, Nippon Magnetic Control, Beijing Yabo, and Quartz Co., Ltd., and there were no major changes in the main suppliers.
On the financial side, in 2020, 2021, 2022, and January-June 2023, the company achieved operating income of about 263 million yuan, 602 million yuan, 1,092 million yuan, and 582 million yuan respectively; during the same period, the company achieved net profit of approximately RMB 50.32,400, RMB 999.98 million, RMB 284 million, and RMB 139 million, respectively.
It should be noted that Dunyuan Juxin mentioned in its prospectus that the company has a risk of high customer concentration.