On March 8, Ningbo Kangqiang Electronics Co.Ltd(002119) held the first extraordinary general meeting of shareholders in 2022. Ye Ji, Lin Binghan, Zheng Fang and Zheng Fei were elected as non independent directors of the seventh board of directors of the company by means of cumulative voting system, and Xu Meiguang, Lei Guangyin and he Zheng were elected as independent directors; Zhou Bo and Du Jiangxia are the shareholder representative supervisors of the seventh board of supervisors of the company.
Subsequently, Ningbo Kangqiang Electronics Co.Ltd(002119) held the first meeting of the seventh board of directors on the same day and elected Ye Ji as the chairman of the seventh board of directors of the company. In less than three months, ye Ji successfully took the helm of the second listed company after Yinyi Co.Ltd(000981) .
According to public information, Ningbo Kangqiang Electronics Co.Ltd(002119) is one of the first batch of national key high-tech enterprises that have passed the certification in Ningbo. It has been rated as a national high-tech enterprise since 2001. It has undertaken the national major science and technology “02 special” project since 2009. It is one of the most influential enterprises in the support industry of China’s semiconductor industry assessed by four institutions such as China Semiconductor Industry Association, It has provincial enterprise R & D center, packaging materials research institute and postdoctoral workstation. In 2021, Ningbo Kangqiang Electronics Co.Ltd(002119) won many awards, such as “top ten semiconductor materials”, “benchmark enterprise in semiconductor industry in Zhejiang Province”, “packaging material enterprise with the most development potential in China’s semiconductor industry in 20202021”.
In the development process of nearly 30 years, Ningbo Kangqiang Electronics Co.Ltd(002119) has always adhered to the path of independent innovation. Now it has developed into a leading enterprise in the subdivided industry of semiconductor packaging materials, and the technical level of many products has reached the leading level in China. The company has a stable customer base and sales network. Its main products such as lead frame and bonding wire cover all major sealing and testing manufacturers in China, with a coverage rate of up to 60%. Among them, the output of lead frame and bonding wire ranks first and second in China, which has been widely trusted by customers. While steadily expanding the Chinese market, Ningbo Kangqiang Electronics Co.Ltd(002119) continues to strengthen the development of overseas markets. At present, it has passed the certification of many international well-known semiconductor enterprises, with an annual production capacity of more than 60 billion, ranking in the forefront of the world.
In recent years, China’s integrated circuit industry has achieved a steady growth of 0.93 million yuan and 0.23 million yuan in net profits in 2018, respectively; In 2021, despite the double adverse effects of the epidemic plus “core shortage”, Ningbo Kangqiang Electronics Co.Ltd(002119) still paid close attention to the import substitution trend of domestic equipment and packaging materials, showing strong performance growth potential. It is expected to achieve a net profit of 175200 million yuan in 2021, with a pre increase of 99.02% – 127.45%, which exceeded expectations and reached a record high.