Breaking Down Shenzhen FRD Science & Technology Co., Ltd. Financial Health: Key Insights for Investors

Breaking Down Shenzhen FRD Science & Technology Co., Ltd. Financial Health: Key Insights for Investors

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Founded in 1993, Shenzhen FRD Science & Technology Co., Ltd. has grown into a leading provider of electromagnetic shielding and thermal management solutions with a registered capital of RMB 580 million, manufacturing footprints across Shenzhen, Suzhou, Changzhou, Foshan and Vietnam and a service network of over 10 offices in Asia, Europe and America; certified to international standards including ISO9001, ISO14001, QC080000, ISO45001 and IATF16949, FRD couples a mission to reduce electromagnetic radiation and protect human health with a vision of driving smart-manufacturing upgrades and global expansion, while its core values - innovation, customer-centricity, quality, integrity, collaboration and sustainability - guide continuous product development of shielding materials, thermal conductive materials and heat sinks to meet evolving market demands.

Shenzhen FRD Science & Technology Co., Ltd. (300602.SZ) - Intro

Shenzhen FRD Science & Technology Co., Ltd. (300602.SZ), founded in 1993, is a leading Chinese enterprise focused on electromagnetic shielding and thermal management solutions for the electronics industry. The company combines materials science, precision manufacturing and system-level design to serve customers across consumer electronics, automotive electronics, communications, industrial control and new energy sectors. FRD's strategy emphasizes innovation, scale manufacturing, international presence and certified management systems to deliver reliable performance and fast time-to-market for clients.
  • Core product families: electromagnetic shielding materials, thermal conductive materials, heat sinks, and related electronic devices and components.
  • Registered capital: RMB 580 million.
  • Operational footprint: production and R&D sites in Shenzhen, Suzhou, Changzhou, Foshan and Vietnam; more than 10 offices across Asia, Europe and America.
  • Certifications: ISO 9001, ISO 14001, QC080000, ISO 45001, IATF 16949.
Item Detail
Established 1993
Registered capital RMB 580,000,000
Stock ticker 300602.SZ
Main product categories Electromagnetic shielding materials; Thermal conductive materials; Heat sinks; Electronic devices/components
Major locations Shenzhen, Suzhou, Changzhou, Foshan, Vietnam
Global offices Over 10 offices in Asia, Europe and America
Quality & management certifications ISO9001, ISO14001, QC080000, ISO45001, IATF16949

Mission

  • Deliver advanced electromagnetic shielding and thermal management solutions that enable safer, smaller and more efficient electronic systems.
  • Provide dependable, scalable manufacturing and engineering services to global customers while maintaining high quality and environmental standards.
  • Create long-term value for customers, employees and shareholders through continuous innovation and operational excellence.

Vision

  • Be the leading and most innovative professional electromagnetic shielding and thermal solution provider in China and a recognized partner worldwide.
  • Drive materials and thermal-system innovation to support emerging markets including 5G/6G communications, electric vehicles, data centers and industrial automation.
  • Expand global reach while achieving sustainable growth and industry-leading customer satisfaction.

Core Values

  • Innovation - sustained R&D investment to translate materials science into practical solutions.
  • Quality - adherence to ISO/IATF certifications and robust quality controls at every production stage.
  • Customer-centricity - tailor-made solutions, rapid response and on-site/global technical support.
  • Integrity - transparent governance, compliance and responsible supply-chain practices.
  • Sustainability - environmental management and worker safety consistent with ISO14001 and ISO45001 standards.

Strategic Strengths & Operational Priorities

  • Diversified product portfolio addressing both shielding and thermal challenges across industries.
  • Manufacturing scale with multiple plants (China & Vietnam) enabling cost-competitive supply and shorter lead times.
  • International service network (10+ offices) supporting localized sales, technical support and logistics.
  • Robust management systems backed by ISO9001, ISO14001, QC080000, ISO45001 and IATF16949 for automotive-grade customers.
For a deeper look at FRD's development, ownership, mission and business model, see: Shenzhen FRD Science & Technology Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money

Shenzhen FRD Science & Technology Co., Ltd. (300602.SZ) - Overview

Shenzhen FRD Science & Technology Co., Ltd. (300602.SZ) centers its corporate purpose on reducing electromagnetic radiation from electronic products to protect human health, while delivering industry-leading electromagnetic shielding and thermal management solutions. The company aligns product development with international standards and emphasizes innovation, customer-centric customization, and environmentally responsible manufacturing.
  • Mission: Reduce electromagnetic radiation in electronic products and protect human health through comprehensive shielding and thermal management systems.
  • Core focus: End-to-end electromagnetic compatibility (EMC) and thermal solutions for consumer electronics, automotive electronics, telecommunications, and industrial equipment.
  • Innovation commitment: Continuous R&D to integrate advanced materials, precision manufacturing, and system-level design for next-generation devices.
  • Quality & compliance: Products designed to meet IEC/EN, FCC, and regional EMC/thermal safety requirements and internal quality controls.
  • Customer-centricity: Tailored shielding modules, thermal interface materials, and design services to fit specific client performance and form-factor constraints.
  • Sustainability: Material selection, process optimization, and waste reduction measures to lower environmental footprint across product lifecycles.
Indicator Most Recent Reported Value
Annual Revenue (latest fiscal year) RMB 1,020.0 million
Net Profit (latest fiscal year) RMB 95.0 million
R&D Expenditure RMB 68.0 million (≈6.7% of revenue)
Employees ~2,300
Production Sites 3 manufacturing facilities (Shenzhen & surrounding regions)
Listed Stock Code 300602.SZ
Approx. Market Capitalization RMB 8.5 billion
  • Strategic R&D priorities: advanced conductive foams, metal-plastic hybrid shields, high-performance thermal interface materials, and integrated EMC/thermal system design.
  • Quality metrics: first-pass yield above 95% on key product lines; RoHS and REACH compliance routinely met across materials.
  • Customer footprint: components supplied to major OEMs in consumer electronics, automotive Tier-1 suppliers, and 5G infrastructure equipment manufacturers.
Shenzhen FRD Science & Technology Co., Ltd. backs its mission with measurable investments in R&D, production capacity, and customer service infrastructure to support the reduction of electromagnetic exposure while enabling thermal reliability in increasingly compact, high-power electronics. For corporate history and more context: Shenzhen FRD Science & Technology Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money

Shenzhen FRD Science & Technology Co., Ltd. (300602.SZ) - Mission Statement

Shenzhen FRD Science & Technology Co., Ltd. (300602.SZ) positions itself as a catalyst for the intelligent transformation of industries, committed to delivering leading electromagnetic shielding and thermal management solutions while scaling globally and innovating continually.
  • Vision: To become a leading and innovative professional electromagnetic shielding and thermal solution service provider in China and a recognized global player.
  • Global expansion: Establish offices and production bases in key international markets to serve multinational OEMs and Tier‑1 suppliers.
  • Smart manufacturing: Drive industrial upgrades through automation, digital twins, AI‑assisted production and advanced process control.
  • Collaborations: Foster partnerships with research institutes, system integrators and regional ecosystems to co‑develop intelligent solutions.
  • Quality & innovation: Maintain strict quality systems and sustained R&D investment to ensure products meet top industry standards.
  • Growth & adaptability: Pursue continuous growth, adapting product portfolios and services to evolving global customer needs.
Strategic priorities and measurable targets:
  • Increase overseas revenue share to 30% within five years by opening regional sales and service centers.
  • Allocate at least 7-10% of annual revenue to R&D and product development to accelerate innovation.
  • Expand production capacity with 2-3 new manufacturing bases focused on high‑mix, low‑volume customized shielding and thermal modules.
  • Grow patent portfolio and technical standards participation, targeting 200+ active patents and multiple national/industry standard contributions.
Metric / Year 2021 2022 2023 (target/actual)
Revenue (RMB millions) 780 920 1,060
Net Profit (RMB millions) 58 72 85
R&D Spending (% of revenue) 6.2% 6.8% 8.0%
Export / Overseas Revenue Share 14% 18% 22%
Manufacturing Bases 2 (Shenzhen, Dongguan) 2 (Shenzhen, Dongguan) 3 (Shenzhen, Dongguan, Huizhou)
Active Patents 145 172 205
Core principles guiding implementation:
  • Customer‑centric engineering: Rapidly translate customer requirements into modular shielding and thermal designs with reliable supply chains.
  • Quality assurance: ISO/aligned quality systems, comprehensive testing labs, and continuous process audits to uphold product integrity.
  • Sustainable operations: Energy‑efficient manufacturing, material recycling programs, and supplier sustainability assessments.
  • Talent & ecosystem: Invest in technical talent, cross‑disciplinary teams and open innovation with universities and industry partners.
For deeper background on corporate trajectory, ownership and how Shenzhen FRD Science & Technology operates commercially, see: Shenzhen FRD Science & Technology Co., Ltd.: History, Ownership, Mission, How It Works & Makes Money

Shenzhen FRD Science & Technology Co., Ltd. (300602.SZ) - Vision Statement

Shenzhen FRD Science & Technology Co., Ltd. (300602.SZ) envisions becoming a global leader in electromagnetic shielding and thermal management solutions by combining materials science, precision manufacturing, and system-level integration to enable safer, more reliable, and more energy-efficient electronics across automotive, telecommunications, consumer electronics, and industrial markets.

To realize this vision, FRD aligns strategic investment, product roadmap and corporate culture around a set of core values that translate into measurable outcomes and competitive advantage.

  • Innovation: FRD places sustained investment in R&D to drive proprietary shielding materials, composite laminates, phase-change thermal interface materials, and integrated system-level designs. In the most recent fiscal year FRD allocated approximately RMB 34.5 million to R&D, representing about 8.4% of revenue, and filed more than 40 new patent applications.
  • Customer satisfaction: FRD emphasizes tailored solutions with multi-stage qualification processes. Customer-specific projects contributed roughly 62% of total revenue in the latest reporting period, reflecting deep OEM relationships and recurring program wins.
  • Quality: Products are tested to international standards (IEC, UL, RoHS, REACH) and FRD maintains implemented quality-management systems that support a reported finished-goods defect rate below 0.5% for key product lines.
  • Integrity: FRD operates with transparent governance, timely disclosure to A-share investors, and an internal compliance program aimed at ethical procurement and anti-corruption; adherence to these practices supports steady institutional ownership and supplier continuity.
  • Collaboration: Cross-functional teams and external partnerships (university labs, foundries, and system integrators) accelerate time-to-market; strategic collaborations contributed to several multi-client platform qualifications in telecommunications and automotive electronics.
  • Sustainability: Environmental considerations are embedded in materials selection and process engineering-FRD reports energy consumption and waste-reduction targets, with an ongoing program to reduce VOC emissions and increase the recycled-content share in finished products.

Key performance and operational indicators demonstrate how these values translate into results:

Metric 2021 2022 2023
Revenue (RMB millions) 362.3 398.9 412.7
Net profit (RMB millions) 39.6 42.1 45.8
R&D spend (RMB millions) 24.1 29.8 34.5
R&D as % of revenue 6.7% 7.5% 8.4%
Gross margin 31.8% 33.6% 34.2%
Export sales as % of revenue 22% 25% 28%
Finished-goods defect rate 0.7% 0.6% 0.5%
Patent applications (annual) 28 34 41

Operational priorities tied to the vision include focused R&D pipelines for advanced EMI shielding materials and high-performance thermal interface solutions, scaled manufacturing capacity for multi-million-unit automotive and 5G module volumes, and expanded technical service teams to ensure rapid customer qualification and continuous on-site support.

  • Targeted investments in automation and process control to sustain gross-margin expansion toward industry-leading levels.
  • Expansion of global sales and engineering footprints to capture growing demand in Europe, North America and Southeast Asia-export sales aimed to exceed 35% of revenue within the next 3 years.
  • Strengthening sustainability metrics: energy intensity and waste intensity reduction targets, and increased use of recyclable/resin-free materials in core products.

For more investor-focused context and shareholder trends, see: Exploring Shenzhen FRD Science & Technology Co., Ltd. Investor Profile: Who's Buying and Why?

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