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Miniled and other new products in large volume reaching a new high in Q2 performance

Zhending reported its revenue in June on the 6th. Thanks to the steady off-season market demand and the gradual performance of new products, Zhending's revenue in June and the second quarter both hit record highs in the same period of the previous year. Looking forward to the second half of the year, Zhending said that it is optimistic about the volume of new products such as automotive panels, battery panels and miniled, and the optimization of product portfolio will boost the growth of revenue and profit. 2021 will be a good year.

In June, Zhending's revenue was 10.303 billion yuan (New Taiwan dollars, the same below), with a monthly increase of 3.72% and an annual increase of 19.71%. In the second quarter, Zhending's revenue was 29.766 billion yuan, with an annual increase of 12.37%. The accumulated revenue in the first half of the year was 56.959 billion yuan, with an annual increase of 29.44%.

Zhending previously mentioned that with the technology investment and production capacity layout gradually showing results, what we will see in 2021 is not a single breakthrough, but a full-scale outbreak. The four major businesses, including soft board, hard board, IC carrier board and HDI, all have double-digit growth potential. In previous years, Zhending has stepped forward steadily at the pace of increasing 10 billion a year, and this year's growth rate is expected to be higher than the previous level.

According to the legal person, the third quarter will usher in the peak season for new products from American customers. Compared with the same period in 2020, customers are affected by the epidemic and the new product kinetic energy is in the fourth quarter. As a result, the base period of Zhending is lower in the third quarter of last year. In 2021, it is expected that the pulling pace will return to the past rhythm. It is estimated that the annual growth rate of Zhending in the third quarter is very large, while the base period of last year is higher in the fourth quarter, However, many new products have been added this year, and it is expected that the year to year meeting will be flat or increase slightly.

According to the legal person, Zhending will be much better in the second half of the year than last year, and will keep growing every quarter in 2021. In addition, according to the forecast previously mentioned in the annual report of the subsidiary Pengding, the revenue and profit of this year is expected to grow by 10% - 20%. The legal person speculates that in addition to Pengding, Xianfeng, which is gradually getting better, and IC carrier board, which is becoming better and better. In addition to the large volume of new products in the second half of the year, it is expected that the growth rate of the parent company Zhending will be greater this year.

At the recent shareholders' meeting, Shen Qingfang, chairman of the board of directors, mentioned that this year is a new wave of construction tide for Zhending, just like the production capacity invested from 2007 to 2009, which has now been sold out. In order to improve the one ZDT one-stop shopping service, Zhending continues to increase its investment strength, and this year has started the construction of four new parks in succession.



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