Laser industry ushers in a high-yield period

Recently, Han's Laser, the leader of the laser industry, announced that it plans to split its subsidiary, Shanghai Han's Fuchengde Technology Co., Ltd. (hereinafter referred to as Fuchengde), to be listed on the GEM. This is the third subsidiary of Han's Laser to be listed.

In recent years, the laser industry has entered a high production period. At present, there are many laser related enterprises on the way to IPO or preparing to submit IPO materials. According to insiders, the laser industry has reached the harvest time of listing.

Han's Laser is frequently split and listed

Before Fortune, Han's Laser had split its two subsidiaries and listed them. In November 2020, Han's Laser spin off subsidiary Shenzhen Han's CNC Technology Co., Ltd. was listed (hereinafter referred to as Han's CNC). On February 28 this year, Han's CNC successfully landed on the GEM. Just a week later, Han's Laser announced that it would spin off another subsidiary, Shenzhen Han's Closed Beta Technology Co., Ltd. (hereinafter referred to as Han's Closed Beta), to be listed on the GEM. In October this year, Han's application for closed test listing was accepted.

According to insiders, Han's Laser has a lot of subdivisions, and there are at least five backup listed subsidiaries, including Shenzhen Han's Photon Technology Co., Ltd. (hereinafter referred to as Han's Photon), Shenzhen Han's Photon Laser Technology Co., Ltd. (hereinafter referred to as Han's Photon), Beijing Han's Tiancheng Semiconductor Technology Co., Ltd. (hereinafter referred to as Han's Tiancheng) Guangdong Han's Yueming Laser Group Co., Ltd. (hereinafter referred to as Han's Yueming) and Shenzhen Han's Site Technology Co., Ltd. (hereinafter referred to as Han's Site).

"This is a signal that Han's Laser has fully participated in the market competition, and it also marks that Han's Laser has delegated power to more general managers of business divisions to make the company their own business." A person in the industry who did not want to be named commented.

In the laser industry, like Han's Laser, Fenghuo Technology Group has several subsidiaries listed. The listed companies directly or indirectly controlled by Fenghuo Technology Group, which is controlled by China Information and Communication Technology Group, a central enterprise, include Fenghuo Technology, Light Xun Technology, Changjiang Communication, Science and Technology Optics, Chen'an Technology, etc.

Laser enterprises cluster for listing
We will carefully study the spin off and listing subsidiaries of Han's Laser, and most of their businesses are related to the laser industry. Han's CNC is mainly engaged in the R&D, production and sales of special equipment for PCB laser processing. The main business of Han's test sealing is laser wire bonder for pan semiconductor processing. The other 5 listed backup enterprises are also all engaged in laser related businesses: Han's Photopolymerization Research upstream optical fiber focusing head and its application; Han's Star is engaged in upstream high-speed laser scanning galvanometer, motor, laser galvanometer motion control card and related software; Han's Photonics and Han's Tiancheng are engaged in the production, research and development of midstream lasers; Han's Yueming mainly sells downstream laser equipment, including cutting, marking, carving, welding, etc.

At present, there are about 60 listed companies in the A-share laser industry. In addition to Han's Laser, a large number of laser enterprises are piling up for listing. The listing of Changyingtong Science and Technology Innovation Board has entered the inquiry link. Hongshi Laser, Fotec and Zhongrun Optics held the first IPO application meeting. In addition, Yifei Laser, Kaiprin, Xinghan Laser, Qizhi Laser, Senfeng Technology, etc. are all on the way to apply for listing.

Laser technology, together with atomic energy, semiconductor and computer, is known as a major invention in the 20th century. The upstream of the laser industry chain is optical materials, components, etc., the midstream is lasers, the downstream is laser equipment, and the terminal is oriented to the automotive, electronic, sheet metal processing and other application markets. By the end of last year, there were 16230 laser related enterprises in China.

Why centralized listing?
In the past two years, why do so many enterprises in the laser industry apply for listing?
An expert who has studied the laser industry for many years (note: those from the Chinese Academy of Sciences do not want to be named) believes that the laser industry has ushered in a peak period of listing due to multiple factors.

On the one hand, laser technology has penetrated into the main battlefield of the national economy by using the energy attribute and information attribute of laser, which can effectively solve the problems in industry, information, commerce, scientific research, medical care and other aspects.

In addition, the laser industry is booming, and the downstream of the industrial chain is releasing huge dividends. Not only in the traditional macro processing fields such as cutting, drilling and marking, but also in the fields of power battery, photovoltaic, semiconductor and display panel, there is a large market space for laser precision processing equipment.

In addition, capital is continuously pouring into the laser track. Since the listing of Ruike Laser in 2018, the capital market has created a large number of laser star enterprises, which makes more and more peers eager to apply for listing after meeting the listing standards.

Source: China Securities Network