On March 30, Oujing Technology released its annual report for 2022. During the
reporting period, the company realized operating income of 1 billion 434 million yuan , an increase of 69.01% over the same period last year; Net profit attributable to shareholders of listed companies was 238 million yuan , an increase of 78.67% over the previous year. The number of orders for
quartz crucibles has increased significantly, which has led to a substantial increase in the operating performance of Oujing Science and Technology. During the reporting period, the company's sales of quartz crucible products increased by 44.28% year-on-year, and revenue increased by 150.94% year-on-year.
Quartz crucible, as a consumable quartz device for holding polysilicon raw materials, is the only material in direct contact with silicon materials. Its quality will affect the quality of monocrystalline silicon rods drawn by downstream silicon wafer manufacturers. Therefore, downstream silicon wafer manufacturers have stricter requirements on the quality of quartz crucibles. At present, the supply of quartz crucible is very tight.
With the increase of downstream demand for monocrystalline products, the market share of monocrystalline silicon wafers will further increase, and with the upgrade of crystal pulling process and the continuous increase of the proportion of large-size and N-type monocrystalline silicon wafers, the demand for large-size and high-quality quartz crucibles will continue to grow. Based on the monocrystalline silicon material industry chain
, Oujing Technology mainly provides supporting products and services for the production of solar grade monocrystalline silicon rods and wafers and the recycling of auxiliary material resources, including quartz crucible products, silicon material cleaning services, cutting fluid treatment services, mainly distributed in Inner Mongolia, Ningxia, Tianjin, Jiangsu and other places.
According to Oujing Technology, the company's largest customer is TCL Central , with sales of 1,251,797,129.65 yuan in 2022, accounting for 87.30% of the total annual sales.