On April 11, 2025, Nike Equipment (stock code: 688419. SH) released its 2024 annual report. According to the report, the company will achieve a total operating income of 268 million yuan in 2024, a year-on-year increase of 35.48%; the net profit attributable to the parent company was 64.0159 million yuan, a year-on-year increase of 22.10%; The net profit after deducting non-recurring gains and losses was 50.6824 million yuan, a year-on-year increase of 35.94%. This achievement not only sets a new record for the company, but also demonstrates its strong growth momentum in the fields of semiconductor equipment and plastic extrusion equipment.

According to the data, Nike Equipment has been focusing on intelligent manufacturing equipment, and its main business is the research and development, production and sales of semiconductor packaging equipment and molds and plastic extrusion molds, extrusion molding devices and downstream equipment. After years of technology research and development, product innovation and market development, the company has accumulated a wealth of high-quality customer resources and a good brand image, and has become one of the few suppliers of semiconductor automatic plastic packaging equipment in China and an internationally competitive plastic extrusion equipment enterprise. Nike Equipment believes that the performance growth in 2024 is in the favorable environment of the recovery of the semiconductor industry and the coordinated development of the industrial chain, superimposed on the competitive advantage of the overseas market of plastic extrusion molding equipment, the company seizes the market opportunity, through continuous technological innovation, increases market development, and achieves year-on-year growth in the main operating data.

Semiconductor business: The localization process is accelerating, and it is not afraid of global competition

In the field of semiconductor packaging, Nike Equipment is one of the few domestic domestic brand enterprises of semiconductor packaging equipment and molds. With differentiated independent innovation and R&D paths, the company has overcome and mastered a series of mature core key technologies and processes.

Relying on years of technology precipitation and product performance advantages, the company has always adhered to the concept of market-oriented and customer-oriented, accelerated technological innovation and product upgrading, fully met the diversified needs of different customers, closely tracked the technological frontier of the industry, and stabilized the cooperative relationship with a number of leading packaging manufacturers. In 2024, the company keenly grasped the opportunity of the recovery of the semiconductor industry chain, vigorously expanded the market, and successfully developed 17 new customers throughout the year, further improving the market coverage of its products. According to the data, the annual domestic main business income reached 102.8372 million yuan, an increase of 99.06% over the same period of the previous year, accounting for 38.78% of the main business income in the current period.

Back in 2016, under the background of the country's vigorous support for the development of the semiconductor industry, the company actively responded to and made full use of the relevant technologies it had mastered, and successively developed core technologies such as dynamic PID pressure control, real-time injection pressure curve monitoring of automatic packaging equipment, and synchronous adjustment mechanism for deformation of different materials at high temperatures, and successfully developed semiconductor packaging equipment and molds, providing strong support for the semiconductor packaging links of downstream semiconductor packaging and testing manufacturers.

At present, the company has become a supplier of the top three domestic and top ten semiconductor packaging companies in the world, such as Tongfu Microelectronics, Huatian Technology and Changdian Technology. After years of development, with continuous differentiated independent innovation and R&D, the company has mastered mature core key technologies and processes, and the gap between its semiconductor packaging equipment and similar products of TOWA, YAMADA and other world-class brands is narrowing day by day. Relevant people said that the company's grand goal in the future is to achieve independent and controllable in the field of semiconductor plastic packaging equipment in China, and at the same time to compete with international first-class brands in the global market in the future.

Plastic extrusion equipment: the core technology continues to make breakthroughs, and the overseas market is in the forefront

Since its establishment, Nike Equipment has deeply studied the principle of plastic extrusion molding, the theory of plastic melt rheology, precision mechanical design and manufacturing technology and industrial intelligent control technology, and has accumulated a lot of practical experience and data. On this basis, the company has mastered a number of core technologies of plastic extrusion based on the PowerLaw non-Newtonian fluid model modified by Weissenberg-Robinowitsch, multi-cavity high-speed extrusion molding, co-extrusion molding, etc. Based on these technologies, the company continues to develop and design plastic extrusion molds, extrusion molding devices and downstream equipment to meet customer needs, and help downstream manufacturers produce new environmentally friendly and energy-saving plastic profiles and other products.

In 2024, the company's plastic extrusion molds, extrusion molding devices and downstream equipment will be mainly exported. As the leading force in the industry, the company's products sell well in more than 40 countries and regions around the world, serving many internationally renowned brands. Over the years, its product sales and export scale have always been among the best in similar products in China. In 2024, the company's product sales will continue to rise, and the export scale will also expand steadily. In the future, the company plans to further increase its share in the overseas mid-to-high-end market and consolidate its competitive advantage in the international market.

In 2024, the company will continue to increase its efforts to develop overseas markets. With excellent product technology, reliable quality, cost-effective and scientific and efficient global marketing system, its market share has steadily increased, and the brand's international popularity and user recognition have also continued to increase. The sales network and region were further expanded, and 15 overseas customers were added. In terms of sales revenue in overseas markets, the company also made remarkable achievements, achieving overseas main business income of 162.3456 million yuan, an increase of 13.92% over the same period last year, accounting for 61.22% of the main business income in the current period.

R&D innovation: R&D investment has reached a new high, and technical barriers have built core competitiveness

In today's highly competitive market environment, Nike Equipment has always adhered to the development strategy guided by market demand, and vigorously promoted differentiated technological innovation and de-assimilation technology reserves. The company continues to carry out independent research and development work in a planned manner, and at the same time actively has in-depth exchanges with domestic head packaging enterprises, and relies on the strong theoretical research support of universities to promote industry-university-research cooperation in a targeted manner, so as to ensure the steady progress of research and development projects, continuously improve the technical level of existing products, and increase the development of international leading technology products.

In 2024, Nike Equipment will not be stingy in R&D investment, with annual R&D expenses of 20.9254 million yuan, accounting for 7.80% of the company's operating income, an increase of 26.99% over the previous year. Continuous R&D investment has become a solid backing for the company's product technology upgrading and the continuous introduction of new products, which has effectively guaranteed the company's competitiveness in the market.

In 2024, the company has carried out a total of nine R&D projects around the technological improvement of leading products and the development of new products. Among them, the "Research on Key Technologies of Intelligent Packaging of Large-size Wafer-level Integrated Circuits and the Industrialization Project of Intelligent Equipment" has achieved outstanding results, and has been listed as a provincial scientific and technological innovation project by the Anhui Provincial Department of Science and Technology and received financial support. The project successfully overcame the core technical problems of semiconductor packaging molding and processing, solved the core problems of large-size wafer-level packaging, realized the independent and controllable high-end equipment of advanced packaging in China, filled the gap in the field of domestic intelligent packaging, and also drove the coordinated development of upstream and downstream industrial chains such as packaging materials, chips, and automation equipment. In addition, the "J-type rib cutting and forming equipment and mold" project has successfully achieved the transformation of achievements through the development of a 10-ton heavy-duty forming punch, which has met the demand for high molding pressure for semiconductor J-type molding, and successfully achieved sales.

In terms of intellectual property, the company has also achieved great results. In 2024, 17 new patent technology applications will be added, and 13 patents will be authorized, including 3 invention patents. As of the end of 2024, the company has a total of 99 valid patents, including 35 invention patents, in addition to 4 software copyrights and 12 registered trademarks. These intellectual property rights are not only a strong proof of the company's technical strength, but also lay a solid foundation for the company's sustainable development.

The relevant person of the company said that in the future, Nike Equipment will continue to uphold the corporate mission of "creating higher value for customers", adhere to the business philosophy of "sustainability, innovation, cooperation and harmony", and continue to provide customers with high-performance products. In the field of semiconductor packaging equipment manufacturing, the company will strive to become a leading enterprise in the field of semiconductor packaging equipment in China with the goal of improving the localization rate of equipment and realizing import substitution; In the field of plastic extrusion molding equipment manufacturing, the company will seek new development and breakthroughs, continue to expand its global market share, make steady progress, create greater value for shareholders, and also contribute to the development of China's semiconductor industry.