In the current wave of technological development, Yingjie Electric’s latest research minutes revealed a piece of news that has attracted market attention: Since October this year, the company’s orders in the field of radio frequency power supplies have increased significantly, and the total order volume has exceeded 90 million. mark, with most orders coming from the semiconductor equipment sector. This increase in order volume shows an obvious trend of increasing volume compared with the company's previous testing phase. In response to market demand, Yingjie Electric is strengthening research and development efforts, with the goal of achieving complete localization of RF power supplies to replace imported products and cover all customers' machines.
Yingjie Electric pointed out that judging from the current market demand, the market potential of radio frequency power supply is huge, and it is estimated that the market size may reach hundreds of millions or even higher. After realizing the substitution of domestically produced radio frequency power supplies, the company has formed new business increments and has prepared production capacity and personnel reserves for future market expansion.
The company also emphasized that the RF power supply is a customized product and needs to be produced according to customer orders. The company's preliminary work in research and development, production capacity layout and production personnel arrangement has gained the trust of customers and ensured the quality of mass production, so it is expected to obtain more orders. Currently, Yingjie Electric is at the forefront of the industry in terms of R&D and batch supply of RF power supplies, and its supply capabilities also have certain advantages over competitors.
In terms of the silicon carbide industry, Yingjie Electric said that the power supply supporting business in this field was obtained through import substitution three or four years ago. From the initial orders of hundreds of thousands or millions to the current orders of nearly 100 million yuan, the growth rate is very rapid. This growth logic is based on the increased market demand for silicon carbide as a third-generation semiconductor material, which has led to a significant increase in equipment demand and demand for power supplies.
Finally, regarding the company's order structure, Yingjie Electric pointed out that among the company's current orders, the photovoltaic industry accounts for about 65%, semiconductors and other electronic materials account for about 15%, charging piles and energy storage account for about 6%, and the rest are orders from other industries. This order structure is changing dynamically. It is expected that the proportion of photovoltaic orders may decrease next year, while the proportion of orders for semiconductors and other electronic materials and charging piles may increase significantly. The specific situation will be determined based on the actual situation of order signing. This changing trend reflects Yingjie Electric’s adaptability to changes in market demand and its business diversification development strategy.