Time： 2022-02-15 15:26:00
Author： Jiangmen Longxing Electronic Materials Co., Ltd.
Looking back on 2021, China's copper clad laminate industry has gone through a brilliant and hard year.
As we usher in 2022, we review the ups and downs of China's copper clad laminate industry in 2021. We can use the following five key words to describe it: "good start", "focus on development", "accelerate generation change", "strong price rise" and "brilliant performance".
At the beginning of 2021, the production capacity of China's copper clad laminate industry was full and the beginning was good. Many enterprises had sufficient orders at the beginning of the year, showing a good start.
For example, at the beginning of January 2021, the orders of South Asia new material technology (Jiangxi) Co., Ltd. have been received in March.
Strive to expand
2021 will be a year in which the whole industry will continue to invest and expand production and reap a lot.
According to the follow-up survey of CCLA, in 2021, China's investment in CCL projects, on the basis of the growth trend in 2020, continued to be hot. In the whole year, the signing of new projects invested in CCL was about double that of 2020. The number of CCL production plant (line) projects commenced in 2021 is higher than that in 2020, reaching about 30. In 2021, the construction of CCL production plant (line) will be completed and the number of projects officially put into operation will be slightly less than that in 2020. Among them, in the projects put into production, the number of new plants (lines) producing medium and high-end varieties of CCL increased compared with the same period. It shows a new trend of new enterprises, high-end varieties and rational investment and construction.
Accelerate the replacement
In October 2021, under the careful arrangement and organization of CCLA, after repeated investigation and discussion by technical experts and industry experts of several backbone enterprises, the "14th five year plan" development focus and industrial technology roadmap of copper clad laminate were formulated. The publication of this important document has drawn a grand blueprint for the development of CCL technology in China. The document puts forward the development goal of China's copper clad laminate industry: "during the 14th Five Year Plan period, we will strive to break the technical blockade and market monopoly of foreign countries and break through the dependence on imports in various types of high-performance rigid copper clad laminates and high-performance flexible copper clad laminates used for HDI boards, high-speed communication circuit boards, RF and microwave circuit boards, IC packaging boards and high thermal conductivity and high heat dissipation substrates, Realize the localization of high-performance copper clad laminate and various key raw materials. " The document puts forward the development ideas of China's copper clad laminate industry: "With the development of China's copper clad laminate industry in the future, it is necessary to continue to accelerate structural adjustment, reduce excess capacity and improve economic efficiency for medium and low-grade copper clad laminates; vigorously develop high-performance copper clad laminates to meet the new demand of China's electronic information industry and modern national defense construction for copper clad laminates, and ensure China's dominant position in the global information technology field. It is necessary to fully comply with the development trend of electronic circuit substrates and increase the research, development, manufacturing and marketing of the following products: Field development. " The document also proposes ten major projects to tackle key problems, and plans out detailed objectives to promote the CCL industry in China to fill the market gap and upgrade the varieties.
In 2021, domestic and foreign copper clad laminate enterprises invested more in research and development of new products, and the types of new products increased. For example, according to the announcement of the semi annual report of South Asia new materials, according to the needs of the company's future development strategy, while continuing to develop high-end products, the company actively explored the application and development of basic materials in combination with university resources and foreign resources. The R & D investment in the reporting period increased by 159.94% year on year.
In the first half of 2021, Chaohua technology invested 64.8101 million yuan in R & D, a year-on-year increase of 101.26%. The great changes in supply and demand in 2021 also make Shengyi technology actively change and adjust its market strategy, and closely cooperate with key products in key terminal research, ensuring product certification and order landing in important market fields such as high-frequency, high-speed and mini led.
Price rise momentum
In 2021, the cost of raw materials soared and the price increased continuously; At the same time, the price rise of plate is strong, and it has become a major "hot spot" in the industry this year.
Prismark described in its report on December 22, 2021 as follows: the overall annual growth rate of global PCB is 22.6%, the annual growth rate of copper clad plate is 37.9%, the cost of copper foil, resin, glass cloth and other raw materials soared in 2021, and the price of rigid laminate increased by more than 50% in 2021.
In 2021, the world is still under the influence of "COVID-19". Under the background of global economic recovery, dramatic changes in the market pattern of raw materials, and escalation of international trade disputes, the cost of the three major raw materials in the upstream of copper clad laminate is soaring, the price is rising, and the supply is becoming more and more scarce, which also drives the copper clad laminate industry to show a trend of simultaneous increase in volume and price.
In addition, superimposed on the continuous high demand in downstream consumer electronics, new energy vehicles, industrial control, communications and other fields, China's copper clad laminate industry ushered in the resonance of price rise and demand improvement. The import and export statistics of copper clad laminates in the first three quarters of 2021 also show that the import and export volume (volume) in 2021 is higher than that in 2020.
In 2021, the performance of domestic enterprises in the copper clad laminate industry grew strongly.
According to the semi annual report of Shengyi technology in 2021, the company realized an operating income of 9.832 billion yuan, a year-on-year increase of 42.93%; The net profit attributable to the parent company was 1.415 billion yuan, with a year-on-year increase of 71.3%. According to the semi annual report of Shengyi technology, the major accounting data and financial indicators such as the company's net profit, deducting non net profit, basic earnings per share, diluted earnings per share and deducting non basic earnings per share during the reporting period have changed greatly. The main reason is that the sales volume and sales price of various products of copper clad laminate during the reporting period have increased and improved to different degrees compared with the same period of the previous year.
As of June 30, 2021, the net profit of Jiantao group (00148) in the six months increased by 350% to 400% compared with the same period last year. The group's net profit increased significantly during the reporting period, mainly due to the strong market demand and the sharp increase in the unit price of products in many departments of the group; The group's subsidiary - Kingboard laminate Holdings Co., Ltd. (01888) achieved considerable profit growth during the reporting period. The board of directors of Kingboard Group believes that the increase in net profit is also due to the group's strong and perfect vertically integrated business model.
Jin'an Guoji released the semi annual report of 2021, which shows that the company realized an operating income of 3.091 billion yuan in the first half of 2021, an increase of 124.26% over the same period of last year; The net profit was 546 million yuan, a year-on-year increase of 631.60%.
On October 11, Chaohua technology released the performance forecast for the first three quarters: the net profit attributable to the parent company in the first three quarters of 2021 is 100 million yuan to 110 million yuan, and the net profit in the third quarter is expected to reach 26.4228 million yuan to 36.4228 million yuan, a year-on-year increase of 72.28% to 137.48%.
Shaanxi Shengyi technology has been in the state of full production and sales in 2021. The sales revenue in the first three quarters was 2.4 billion yuan, an increase of 62% over the same period last year.
In 2021, China's copper clad laminate industry showed a trend of both volume and price rising. The continuous rise of the three major raw materials has laid a foundation for the rise of the price of copper clad laminate. In addition, with the continued high demand in the downstream consumer electronics, new energy vehicles, industrial control, communications and other fields, China's copper clad laminate industry has ushered in a resonance between the rise in price and the increase in demand.
Looking back on the past, it is a prologue, and the new journey will start again. It is hoped that in the new year, the copper clad laminate industry will forge ahead hand in hand, adhere to innovation, write a new chapter of the industry development again, and realize the localization of high-performance copper clad laminates and raw materials in China as soon as possible!
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