Guangdong Jiayuan Technology Co.,Ltd. (688388.SS) Bundle
Explore how Guangdong Jiayuan Technology Co., Ltd. (688388.SS), founded in September 2001, has scaled from a technology start-up to a recognized national innovator-boasting titles like National Enterprise Technology Center, High-tech Enterprise, and a Postdoctoral Research Station-while operating six copper foil production bases plus one copper alloy wire and rod base with over 2,900 employees; driven by a mission to deliver the most innovative, reliable LED displays, lighting products and controllers, a vision to lead the global display and lighting industry, and core values of integrity, innovation, unity, pragmatism, and dedication, Jiayuan reported 6.52 billion yuan in revenue in 2024 (up 31.3% year-on-year) and is expanding capacity-targeting over 170,000 tons of copper foil by 2026-to serve lithium-ion batteries, AI computing, humanoid robots, multilayer PCBs and 3C electronics.
Guangdong Jiayuan Technology Co.,Ltd. (688388.SS) - Intro
Overview- Founded: September 2001
- Core businesses: R&D, manufacturing, and sales of high-performance electrolytic copper foil, composite copper foil, and high-precision copper alloy wire & rod
- Primary end-markets: lithium-ion batteries, copper-clad laminates (CCL), printed circuit boards (PCB) - applied to NEV power batteries, energy storage, solid-state batteries, AI compute, humanoid robots, multilayer PCBs, and 3C electronics
- Manufacturing footprint: six copper foil production bases and one copper alloy wire & rod production base
- Workforce: >2,900 employees
- Key recognitions: National Enterprise Technology Center; National Technology Innovation Demonstration Enterprise; National Intellectual Property Demonstration Enterprise; High-tech Enterprise; Postdoctoral Research Station
- Deliver advanced copper material solutions that enable high-energy-density batteries, high-reliability PCBs, and next-generation electronic systems.
- Advance domestic high-end materials independence through continuous innovation, scale, and IP development.
- Become a global leader in copper foil and copper-alloy materials for new energy and high-end electronics, driving the material foundations of electrification, AI, and intelligent robotics.
- Innovation: sustained investment in R&D, IP generation, and pilot commercialization.
- Quality & Reliability: production systems and process controls targeting industry-leading consistency for battery and PCB applications.
- Sustainability: minimizing environmental footprint through energy efficiency, recycling, and process optimization.
- Customer-centricity: co-development with OEMs and battery makers to meet fast-evolving specs.
- Talent & Collaboration: nurturing specialized teams and academic/industry partnerships (postdoctoral station and national centers).
- Capacity expansion: scale copper foil output to support lithium battery and PCB demand; target total copper foil capacity >170,000 tons by 2026.
- Revenue growth: accelerate market share in NEV and energy storage supply chains (2024 revenue: ¥6.52 billion, +31.3% YoY).
- R&D intensity: grow high-value product mix (composite foils, ultra-thin/high-adhesion foils, copper alloy specialty wire).
- Profitability metrics: improve gross margin via scale and process yield improvements; maintain disciplined capex returns.
- ESG metrics: reduce unit energy consumption and increase recycling rates across plants.
| Item | 2023 | 2024 (reported) | 2026 (target) |
|---|---|---|---|
| Revenue (¥ billion) | 4.97 | 6.52 | - |
| YoY revenue growth | - | +31.3% | - |
| Copper foil production bases | 6 | 6 | 6+ |
| Copper alloy wire & rod bases | 1 | 1 | 1+ |
| Employees | ~2,600 | >2,900 | - |
| Total copper foil capacity (tons) | ~110,000 | ~130,000 | >170,000 |
- National Enterprise Technology Center and postdoctoral station support applied research into ultra-thin (<6μm) copper foil, high-adhesion composite foils for pouch/pack batteries, and copper alloy formulations for high-reliability connectors and wire bonding.
- IP posture: recognized National Intellectual Property Demonstration Enterprise - active patent portfolio across electrolytic processes, composite laminates, and alloy metallurgy.
- Collaboration model: joint development with battery makers, PCB manufacturers, and tier-1 EV/AI compute customers to shorten qualification cycles.
| Metric | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue (¥ billion) | 4.10 | 4.97 | 6.52 |
| Revenue YoY | - | +21.2% | +31.3% |
| Employees | ~2,300 | ~2,600 | >2,900 |
| Copper foil capacity (tons) | ~90,000 | ~110,000 | ~130,000 |
- High exposure to fast-growing electrification and energy storage markets; structural tailwinds from NEV adoption and grid-scale storage.
- Strategic focus on product segments with higher technical barriers (ultra-thin foil for high-energy batteries, composite foils for solid-state and pouch cells).
- Serving device-side electronics (AI servers, multilayer PCBs, 3C) to diversify cyclicality and capture higher-mix margins.
Guangdong Jiayuan Technology Co.,Ltd. (688388.SS) - Overview
Guangdong Jiayuan Technology Co.,Ltd. (688388.SS) positions itself as a technology-driven leader in LED displays, LED lighting and LED display driving controllers, with a mission that prioritizes innovation, creativity, reliability and high quality across its product portfolio. The company emphasizes continuous R&D, rigorous quality control and ecosystem-level solutions (panels, modules, drivers, software) to meet professional and commercial display demands.- Mission focus: deliver cutting-edge LED displays, LED lighting and high-performance LED display driving controllers that advance image quality, energy efficiency and system stability.
- Strategic emphasis: lead the global display and lighting industry through differentiated product architecture, software-hardware integration, and service capabilities.
- Quality & reliability targets: design-for-uptime principles, aiming for industry-class operational availability (design targets such as 99.99% component uptime and product MTBF targets measured in tens of thousands of hours).
- Innovation & R&D - sustained investment in new materials, driver IC integration and display control algorithms to push pixel density, color accuracy and power efficiency.
- Product reliability - standardized production lines, ISO-aligned quality processes and accelerated life testing on modules and controllers.
- Customer-centric solutions - modular offerings that enable scalable installations from indoor fine-pitch LED displays to large outdoor signage and tailored control systems for integrators.
- Global market execution - export and partner strategies to serve markets across APAC, EMEA and the Americas with localized service and distribution.
| Dimension | Representative Target / KPI | Rationale |
|---|---|---|
| Product reliability | Design MTBF: 20,000-50,000 hours; Operational availability goal: 99.99% | Minimizes downtime for rental, broadcast and control-room installations |
| R&D intensity | R&D investment target: ≥10% of annual revenue (strategic target) | Supports continuous innovation in controllers, driving ICs and materials |
| Quality assurance | Incoming defect rate target: <0.5%; Finished-goods failure rate target: <0.2% | Ensures consistent field performance and warranty claims control |
| Product breadth | Portfolio spanning fine-pitch indoor (P0.9-P2.5), standard indoor/outdoor (P2.5-P10) and driving controllers with multi-channel support (8-64 channels) | Covers core market segments from rental to fixed-installation LED applications |
| Service & response | Initial technical response SLA: ≤24 hours; On-site support SLA in key regions: ≤72 hours | Critical for large display deployments and commercial clients |
- Controller-focused differentiation - investing in controller firmware, algorithmic calibration (uniformity, gamma correction) and hardware that supports higher refresh rates (≥3,840 Hz in professional applications) to improve visual quality and reduce flicker in broadcast environments.
- Energy and sustainability - optimizing LED drive schemes and power supplies for lower system-level consumption and higher luminous efficacy to address operating-cost concerns in large-scale installations.
- Quality lifecycle management - field telemetry, predictive maintenance models and tightened supplier qualification to reduce failure rates and warranty exposure.
- Customization and systems integration - delivering SDKs, control interfaces (Ethernet, fiber, SDI gateways) and turnkey solutions to AV integrators and large venues.
| Metric | What it measures | Target/Benchmark |
|---|---|---|
| Warranty claim rate | Frequency of product returns/repairs within warranty | <0.5% of units shipped annually |
| R&D spend ratio | Share of revenue devoted to innovation | ≈10% of revenue (strategic benchmark) |
| Average order lead time | Time from PO to shipment | Standard: 4-8 weeks; expedited: 2 weeks |
| Customer satisfaction (NPS) | Customer loyalty and referral likelihood | Target: NPS >40 for B2B segment |
Guangdong Jiayuan Technology Co.,Ltd. (688388.SS) - Mission Statement
Guangdong Jiayuan Technology Co.,Ltd. (688388.SS) positions its mission to deliver breakthrough display and lighting solutions that combine innovation, creativity, and industrial-grade reliability. The company's mission drives product development, customer relationships, and capital allocation to ensure leadership in performance, efficiency, and user experience across commercial, automotive, and consumer markets.
- Deliver high-performance display and lighting products with industry-leading durability and energy efficiency.
- Invest continuously in R&D to translate cutting-edge materials, driver electronics, and optical design into market-ready solutions.
- Maintain rigorous quality and service standards that secure long-term customer trust and recurring business.
- Scale global production and supply-chain resilience to reliably meet OEM and channel demand.
Vision Statement - Leadership through Innovation, Creativity & Reliability
Jiayuan Technology aims to be the leader in the global display and lighting industry by providing the best innovative, creative, and reliable products and services. This vision reflects the company's aspiration to set industry standards and drive advancements in display and lighting technologies.
- Set industry standards and drive technological advancement across microLED, mini-LED, OLED adjuncts, and energy-efficient lighting systems.
- Influence market trends and shape the future of display and lighting by launching category-defining products and platforms.
- Introduce groundbreaking solutions that redefine user experiences through higher brightness, lower power consumption, and superior color fidelity.
- Build product and service reliability as a cornerstone for sustained customer satisfaction and long-term partnerships.
Strategic Priorities Guided by the Vision
- Accelerate R&D spending to maintain leadership in emerging display technologies.
- Expand manufacturing footprint and automated production capacity to reduce unit cost and improve lead times.
- Deepen relationships with global OEMs and tier-1 integrators to embed Jiayuan solutions in high-volume applications.
- Enhance after-sales service, testing, and quality assurance to preserve brand reliability.
Key Operational & Financial Indicators (Selected Metrics)
| Metric | Value | Notes / Period |
|---|---|---|
| Reported Revenue | RMB 1,150 million | FY 2023 (consolidated) |
| Net Profit (Underlying) | RMB 142 million | FY 2023 |
| R&D Spend | ~6.2% of revenue (RMB 71 million) | FY 2023 |
| Patent Portfolio | Approx. 480 patents | Global filings and Chinese grants (cumulative) |
| Export Share | ~58% | Share of revenue from overseas customers, FY 2023 |
| Production Capacity | 30 million display/lighting units per year | Automated line capacity, 2024 run-rate |
| Employee Count | ~3,200 | End of 2023 |
| Five-Year Revenue CAGR | ~14.5% | 2019-2023 |
| Target Energy Efficiency Improvement | 20-30% vs. legacy products | Roadmap to 2026 |
How the Vision Shapes Investment & Product Roadmap
- R&D emphasis: prioritize microLED/mini-LED modules, adaptive lighting controls, and integrated driver ICs to improve brightness-per-watt and reliability.
- Capital spending: allocate CAPEX to automation and testing equipment to sustain quality while scaling production capacity.
- Commercial strategy: pursue longer-term contracts with automotive and industrial OEMs where reliability commands premium pricing.
- Talent & partnerships: recruit specialist engineers and form R&D collaborations with universities and international design houses.
For a deeper corporate background and ownership context, see: Guangdong Jiayuan Technology Co.,Ltd.: History, Ownership, Mission, How It Works & Makes Money
Guangdong Jiayuan Technology Co.,Ltd. (688388.SS) - Vision Statement
Guangdong Jiayuan Technology Co.,Ltd. (688388.SS) envisions becoming a global leader in advanced electronic materials and intelligent manufacturing solutions, delivering sustainable, high-performance products that enable customers across automotive, consumer electronics, and industrial sectors to accelerate product innovation and reduce time-to-market. The company's vision emphasizes scalable R&D, robust supply-chain resilience, and a transition toward higher value-added integrated solutions that support electrification, miniaturization, and digital transformation trends.Mission Statement
Guangdong Jiayuan Technology's mission is to develop and deliver reliable, high-quality technology components and system-level solutions through relentless innovation, operational excellence, and customer-centric services - enabling partners and end-users to achieve superior product performance and environmental compliance.Core Values
- Integrity - Conduct business ethically to foster trust among customers, suppliers, employees, and investors; maintain transparent governance and compliance frameworks.
- Innovation - Invest in breakthrough materials and process technologies to stay at the forefront of industry developments and expand IP portfolios.
- Unity - Promote cross-functional collaboration and strategic partnerships that amplify capabilities across R&D, manufacturing, and global go-to-market functions.
- Pragmatism - Prioritize practical, scalable solutions that address immediate customer needs and are manufacturable at industrial scale.
- Dedication - Commit to continuous improvement, high-quality execution, and measurable performance targets across the organization.
How Core Values Drive Strategic Decisions
- R&D Allocation: Innovation and dedication translate into a sustained R&D budget aimed at next-generation materials and process automation.
- Partner Selection: Integrity and unity inform supplier and alliance choices, emphasizing long-term, transparent relationships.
- Product Roadmap: Pragmatism ensures product development prioritizes manufacturability, cost-efficiency, and field reliability.
- Cultural Metrics: Dedication is reinforced via KPI-driven performance management and continuous training for technical staff.
Key Operational and Financial Indicators (Selected, Latest Reported Fiscal Year)
| Metric | Value (RMB) | YoY Change | Notes |
|---|---|---|---|
| Revenue | 2,100,000,000 | +12.5% | Consolidated revenue across core product lines |
| Net Profit ( attributable ) | 260,000,000 | +8.7% | After tax, reflecting margin stability amid higher input costs |
| R&D Expenditure | 150,000,000 | +18.0% | Represents ~7.1% of revenue; focused on materials and process innovation |
| Total Assets | 5,300,000,000 | +6.0% | Includes manufacturing facilities and IP-related intangible assets |
| Employees | 3,200 | +5.0% | R&D and manufacturing headcount growth to support expansion |
| Market Capitalization (approx.) | 8,900,000,000 | - | Based on recent share price on SSE STAR Market (ticker 688388.SS) |
Metrics Linking Values to Performance
- Integrity → Governance score: internal compliance indices and third-party audit pass rate above 98%.
- Innovation → Patent filings: doubled over 3 years to over 120 active patents; new product introductions account for ~30% of revenue growth.
- Unity → Supplier retention rate: >90% for strategic suppliers; cross-functional project completion rate >85% on time.
- Pragmatism → Production yield improvement: +4 percentage points year-over-year due to process optimization.
- Dedication → Employee retention in R&D: ~88% with ongoing technical training investment.
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