Sikan technology is mainly engaged in three-dimensional

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shapanwwuom
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Joined: Thu Jan 02, 2025 8:22 am

Sikan technology is mainly engaged in three-dimensional

Post by shapanwwuom »

Huitong technology serves product manufacturers such as high-performance nylon (pa66), bio-based nylon (pa56), biodegradable materials (pbat/pbs), polyester (pet), and hydrogen peroxide (h2o2). Customers include yangnong chemical, ping an coal shenma, cathay biotechnology, china tianchen, yida co., ltd., changhong hi-tech, wanhua chemical, yankuang group, shanxi huayang, hubei yihua, etc.

During the reporting period, huitong technology's sales revenue to its top five customers accounted for approximately 83%, 90%, 70%, and 93% of its operating revenue respectively. The proportions are relatively large and there is a risk of high customer concentration .

At the same time, the needs of downstream customers for new construction, reconstruction or expansion are time-sensitive and cyclical. The same customer usually has a certain interval of time before repurchase demand is formed. The company has a situation where the customer changes are relatively large.

In addition, the engineering and technical service usa student data industry in which huitong technology operates has long-term characteristics as a whole. A complete general engineering contracting service contract covers multiple stages such as engineering design, equipment manufacturing, and equipment procurement. During the execution of the contract, changes in the macroeconomic or customer operating conditions may lead to continuous delays or termination of the project, thus affecting the company's operating performance.


visual digital products, with a gross profit margin of over 70%.

The full name of sikan technology is "sikan technology (hangzhou) co., ltd.". It was established in 2015 and is registered in hangzhou, zhejiang. Its main business is the research and development, production and sales of three-dimensional visual digital products and systems.

At present, sikan technology's products mainly cover two differentiated tracks: industrial grade and professional grade , covering portable 3d visual digital products, tracking 3d visual digital products, professional-grade color 3d visual digital products and industrial-grade automated 3d visual inspection systems. And other products.

Specifically, from 2021 to the first half of 2024 (referred to as the "reporting period"), sikan technology's revenue from handheld 3d visual digital products fell from 82.82% to 47.57%, while that from tracking 3d visual digital products the revenue share of products and industrial-grade automated 3d vision inspection systems has increased.
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