What Are The Core Advantages Of The PCB Company That Has Just Rung The Bell?

On August 5, 2021, Benkawa Intelligence (300964.SZ) officially landed in A-shares. According to public information, since its establishment, the company has always been committed to providing small-batch printed circuit board products and solutions for the market, specializing in the development, production and sales of printed circuit board. As the industry-first conquer 5 g base station antenna with high-frequency multilayer production technology in one of the few manufacturers, the company is currently in communications equipment, industrial control, automobile electronic products such as application fields has a deep layout, and with a number of downstream industry-leading enterprises established long-term stable cooperative relations, in the field of the small-batch printed circuit board has formed certain competitiveness.

Established research and development, subdivision of the field to form the core technology advantage

As a technology-intensive industry, PCB manufacturing is characterized by complex manufacturing processes, high requirements for product quality and a wide range of downstream applications, and has high requirements for product technology. Since the 3G era, Honkawa Intelligent has been keeping up with the development trend of PCB technology for base station antenna, and focusing on the research and development of PCB technology for base station antenna for a long time. At present, the related products of Honkawa Intelligent have been used in the construction of 5G base station, which has a strong competitive advantage in the industry. At the same time, by actively seize the development of new energy vehicles and driverless cars and car networking trend of popularization of the automobile electronic and made "smart" brings the trend of industrial automation and other development opportunities, the company of its core technology research and development, early in the major application fields of further strengthening production technology and research and development level.

Over a long period of time, the technology research and development, the Sichuan intelligence has accumulated include to meet in the field of industrial control and automotive electronic terminal application on high heat and electricity, flow requirements of the thick copper and metal substrate series technology, in order to meet the demands of a 3 d assembly just scratch combined with plate and multi-layer soft board series technology and so on any kind of technology, implementation, the depth of the many achievements of science and technology and industry Close.

As of December 31, 2020, Honkawa Intelligence and its subsidiaries had a total of 57 patents, according to the prospectus. Among them, the new multi-layer rigid and flexible jointed step ringless PTH printed circuit board and the new 16-layer flexible plate laminated pressing three-dimensional rigid and flexible jointed controlled depth drilling printed circuit board with impedance design were awarded "High and New Technology Product Certification" by Jiangsu Provincial Department of Science and Technology.

In addition, according to Wind data, in 2020, The gross profit margin of Bengchuan Intelligence reached 29.83%, significantly higher than the industry average gross profit of 21.07%. From the level of the gross profit rate, on the one hand, the small-batch board's higher unit value and gross profit rate also make the enterprise in the single product profit has a greater benefit. On the other hand, the ability of the enterprise's products in research and development, technology, and production has formed certain advantages to enable it to be in the leading position in the segment.

Enterprises form cooperation with high-quality customers in the field of sound and downstream demand will promote the rapid development of the PCB industry.

Through years of deep work in the downstream batch Printed circuit board, Benchuan Intelligent has established long-term and stable cooperative relations with many downstream industry-leading enterprises such as communication equipment, industrial control, automotive electronics and so on.

It is reported that most of the customers cooperating with Benchuan Intelligence are high-quality enterprises in related fields, such as Jingxin Communication, Mobile Development and so on in the field of communication equipment; Industrial control · Federal Signal, Miller Electric, etc.; And the field of automotive electronics Guibo new energy, Shun Yu vehicle, etc. In addition, through PCB trading customers such as Elmatica and PCB CONNECT, the company has also formed indirect cooperation with its downstream international well-known enterprises such as ABB Group, Siemens, and GENERAL Electric.

According to Primark, the global PCB industry is projected to be worth $86.33 billion by 2025. The industry analysis, said in the future, the development of the downstream industry will become the core power of PCB industry growth, on the one hand, as the global into 5 g construction, communication PCB demand is expected to continue to release, on the other hand, with the development of the electric car, intelligent, the dosage of PCB surge at the same time, the rapid growth of demand for high-end PCB.

The company said: "In the future, Benchuan Intelligent will further strengthen the cooperation with existing customers, and increase the expansion of new customers, relying on the established good brand image, improve market visibility, and further improve the market share." With the continuation of the enterprise in the product technology advantage and the continuous expansion of its downstream market, the long-term development of Company 1 may be worth paying attention to.