股票代號：6706 investor conference
TRANSCRIPT
專業光電/半導體/雷射自動化設備研發與系統整合
股票代號：6706Investor Conference
董事長 徐秋田
2019年11月20日
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Disclaimer
This presentation contains some forward-looking statements that are subject to substantial
risks and uncertainties. You should consider these forward-looking statements carefully
because such statements are only our expectations or projections about future events, and
actual results may differ materially from those contained in the forward-looking statements.
The forward-looking statements in this presentation include, but are not limited to, growth
rates for various markets estimated by third party sources, future products and technology
development, future revenue growth and profitability. You should be cautioned that the
forward-looking statements are no guarantee of our future performance. The forward-
looking statements contained in this presentation are made only as of the date of this.
Except as required by law, we undertake no obligation to update any forward-looking
statement, whether as a result of new information, future events, or otherwise.
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AgendaCompany Profile
Market overview and product introduction
Corporate Governance
Future prospects
Operational overview
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Company Profile
5
About us
Founded in 2000
Over 400employees
Headquarteredin Taichung
Focus on the field
LED, LCD, LD, MEMS, Fiber Optics, Optoelectronics industry, Semi-conductor processing, Packaging, Precision processing, Laser application
Business type
Research, develop and
manufacture automatic
equipment for optoelectronic,
semiconductor, and laser
industry/ LED Testing &
Sorting Service
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development path
201820052000 2010 2015
2000
2004
20052012
2011 2013
2014
2016
2015
2017
2018
2019
Transfer investment
Investing in Malaysian foundries
EstablishedDeveloped the first LED integrated prober & tester system
launched the R&D Department of laser processing
Signed strategic alliance with Saultech
◼ Signed strategic alliance with Marvel Tech
◼ ISO 9001 2015 certified
Listed for the first time on the Emerging Stock MarketInvested in the establishment of Xiamen foundry
Changed name to FitTech Co., Ltd
Introduced ERP system
◼ Plant expansion
◼ ISO 9001 2008 certified
◼ launched LED Testing&Sorting Service department
◼ Developed MES system for process management
◼ Developed automatic system for unmanned factory
◼ Plant expansion
◼ FitTech earns the 26th National Award of Outstanding SMEs
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Service distribution
廈門 Xiamen
深圳 Shenzhen
武漢 Wuhan
蘇州 Suzhou
台灣 Taiwan
日本 Japan
南韓 Korea
馬來西亞 Malaysia
美國 USA
Locations-Taiwan
Headquarter
Manufacturing site (Jingke) Laser RD centre
Testing house
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Market overview and product introduction
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Market Overview - LED Visible Market
▲資料來源： High Brightness LED Market – Global Industry Analysis and Forecast (2018-2026)
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Market Overview - Mini LED Display LCD Backlight Car Phone
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Market Overview - Micro LED AR/VR Wearable Device Car Display
(▲資料來源： Micro-LED Market Opportunities: 2018-2027 , N-tech Research, 2018)
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Market Overview-VCSEL
(▲資料來源：MAXIMIZE MARKET RESEARCH PVT. LTD.)
VCSEL is widely used in 3D sensing, virtual reality, augmented reality (VR/AR), Internet of Things (IOT), short-
distance information transmission and other fields.
According to the Yole Développement market report, VCSEL will continue to grow, with a CAGR of 31% from
2017 to 2023.
(資料來源： Yole Développement)
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Market Overview-VCSEL
3D sensing mobile market for VCSELs
紅外線鏡頭Infrared lens
泛光照射器Floodlight illuminator
接近感測器Proximity sensor
環境光度感測器Ambient photometric sensor
揚聲器speaker
麥克風microphone
前置鏡頭Front lens
測繪點投射器Mapping point projector
圖片來源：重繪整理自Apple
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LED / LD chip probing and testing systems
◼ LED/ Flip-chip LED◼ VCSEL/PD◼ DBF/FP
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LED chip / wafer probing and testing system
◼ Patented pick and place
mechanism for high speed,
high precision pick and place
◼ Patented rotating mechanism
design
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LED Probing & Testing Series
Epitaxy
Sorter and other system
LED probing and sorting system
LED Prober
Flip-chip LED Prober
Manual Led chip / wafer test system
LED chip / wafer probing and testing system
Fully-auto LEDwafer probing system
LED chip / waferprobing and testing system
Fully-auto Flip-chip prober
Fully-auto production LED mapping sorter
High accuracy automatic chip counter
Fully-Auto LED chip prober and tester
Automatic detaching tape system
Automatic product sorting system
SPT 2017 APT 6000 FWP 6000
LFP 6200
FFP 5000NST 6200 SHC 1200
FRP 6200
ADT 8100 APS 2100
FDP6200
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LD Probing System(5G &3D Sensing)
LDS 4200Edge emitted Laser probing&Testing System
IPT 8090VCSELProbing&Testing System
IPT 809NVCSEL NEAR FIELD Testing System
LDS 4300COC-COSProbing &Sorting System
IPT 809FVCSEL FAR FIELD Testing System
IPT 8890VCSEL wafer/chip LIV Testing System
FWP 6090Fully-auto package level Testing System
IPT 8091PDProbing&Testing System
3D Sensing 3D Sensing (packaging level)
Fiber Optics(5G)
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Market Overview - Laser Processing Equipment, Global Semiconductor Market Trends and PCB Market
(▲資料來源: Maximize Market Research, Global Laser Processing Market – Industry Analysis and Forecast (2017-2024)
Global Semiconductor Market
(▲資料來源： Whitepaper: Semiconductor Industry from 2015 to 2025) (▲資料來源: Plant Automation Technology, Global Printed Circuit Board (PCB) Market 2017-2024)
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Laser Processing Application System
SCRIBING
MARKINGDRILLINGCUTTING
LCM 1101Auto Battery Welding Cutting Machine
CLEANER WELDING
FCM˙7104 Auto Dual-Laser Tray Marking System
FCM˙8104 Auto Laser Strip Marking/Drilling System
LCM8101 Semi-auto PCBLaser Drilling System
FCM8103Fully-auto LaserDrilling System
LCM5001Semi-auto PCB Laser Drilling System
FCM4000Fully-auto LaserMarking/INK system
FCM6104 Fully-auto Wafer Marking System
FCM6024 Fully-auto dual ARM Wafer Marking system
LCM 3101Handheld laser cleaning machine
LHW3250Hand-held laserWelding machine
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FCM 6024 Automated dual-arm laser wafer marking system
Supports 2D code and OCR reading
before and after wafer marking.
◼ Support 4”to 6”wafer marking
◼ High quality, throughput and reliability
production
◼ Highly-readable marks
◼ Cleanliness level
◼ Support 2D code and OCR reading
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FCM7104 Auto Dual-Laser Tray Marking System
◼ SD card adapter marking ◼ Micro SD card marking
Support graphics, semiconductor standard Semi and other fonts, 1D
barcode, 2D code
◼ Double laser source made in Germany, dual scan
head
◼ No diode lamp, water cooling, filter cotton and
other consumables
◼ Air-cooled laser, small footprint
◼ Line Scan line scan alignment
◼ Marking accuracy ±0.05 mm
◼ Intuitive operation interface
◼ Only one PC controls the electromechanical and
laser
◼ Import into CAD file to work
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LCM3101 Handheld Laser Cleaning Machine
◼ Burn down the rust instantly with laser power
◼ None damage to the materials
◼ No chemical or polish
◼ Highly effect and precisely clean
◼ Adjustable scan mode
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MES Supervision Record
Automation Integration
Class 100KCleanroom
◼ 90% of testing facilities produces by our own◼ Professional technical team and be able to execute trouble shooting by
our own engineering team with soonest response◼ Production Information integrated by MES system◼ Flexible expansion ability for different customers
Advantage
LED/LD Testing & Sorting Service
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Sorter
Prober
AOI
Automatic Detaching Tape System
Control Center
Stocker
Industry 4.0 – (AI ) Intelligent plant
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Industry 4.0 – (AI) Intelligent plant (Entity)
The global first automation LED probing production line
The global first automation LED sorting production line
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Operational overview
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Total sales volume will be close to 11,500 units in 2018, and the sales volume will exceed 2,600 units in 2017.
Sales number has tremendous milestone with 400% growth in the past 5 years.
Achievement
500
2000
1500
1000
2500
Sales(Units)
3000
3500
2018
LED testing and sorter system
Sales volume over 2,600/year
20162017
20142015
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Revenue of each product category in the past five years
3,000,000
2,000,000
1,500,000
1,000,000
500,000
0
2,500,000
3,500,000
2018年2017年2016年2015年2014年 2019年Q3
4,000,000
單位：新台幣千元
464,991
39,98463,870
224,092124,094
89,910856,916
229,339
626,825
917,101
430,164
2,041,304
875,541
447,530
1,824,541
712,969
414,807
1,781,502Probing and Testing System
Sorter
other
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Business performance - operating income and gross profit margin
Operating income
Operating gross profit margin
單位：新台幣千元
3,000,000
2,000,000
1,500,000
1,000,000
500,000
0
2,500,000
3,500,000
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%2018年
3,147,612
31.70%
60.00%
2017年
3,388,569
38.17%
2016年
1,713,079
46.78%
2015年
438,096
35.55%
2014年
488,056
31.49%
2019年Q3
2,909,278
29.53%
Signed strategic
alliance with Saultech
◼ launched LED OEM department
◼ Developed MES system for OEM process management
◼ Signed ADT strategic alliance with Marvel Tech
◼ ISO 9001 2015 certified
◼ Developed automatic system for unmanned factory
◼ Plant expansion◼ FitTech earns the 26th National
Award of Outstanding SMEs
Transfer investment
Investing in Malaysian foundries
◼ Listed for the first time on the Emerging Stock Market
◼ Invested in the establishment of Xiamen foundry
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Net profit after tax
Net profit after tax rate
Operating performance - net profit after tax and net interest rate after tax
2018年2017年2016年2015年2014年
300,000
200,000
150,000
100,000
50,000
0
250,000
350,000
8.00%
16.00%
4.00%
0.00%
12.00%
296,517
9.42%9.66%
327,406
14.25%
244,09012,173
2.78%
17,961
3.68%
2019年Q3
289,072
9.94%
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Future prospects
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Core technology & Production Line
Automatic solutions
Laser processing series
CLEANER SCRIBING MARKING DRILLING CUTTING
Materials：SI/SIC WAFER, CERAMIC, PCB, FPCB, METAL
Markets：Semi-conductor/ LED/electrical components/automotive industry
Photonics test solution
PROBER & TESTER SORTER DETACHING COUNTER
Materials：LED ( MINI LED, MICRO LED )LD ( VCSEL/PD, DFB/FP )
Mechanical Design
Machine Vision
Electrical Control
Optical & Electronic Measurement
Automatic Control
Electronic Circuit
Systemintegration
Foundry service
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Competitive advantages
Customer coverage higher
Stable management team Flexible and scalable manufacturing capabilities
Good customer and supplier cooperation
Global multi-service base
The excellent performance of the machine has been
affirmed by customers.
Leading manufacturers of LED spot measurement
integration equipment at home and abroad,
Taiwan and China LED chip manufacturers are all
corporate customers.
The stable management team creates
excellent execution and long-term
cooperation and tacit understanding, so
that the goals are consistent and each
performs its duties, which can quickly
meet the needs of customers.
Providing excellent and stable technology and products,
and has established stable partnership with customers
and suppliers for many years.
Large-scale production achieves price
competitiveness; flexible resource allocation solves
the shortcomings of equipment demand
fluctuations.
We cooperate with agents in many regions around the world, and we have sales and service
teams in China, Central China and South China, which are close to the market and provide
timely and perfect services for our customers.
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Mini LED & Micro LED solution development Laser Diode measurement and test equipment
development
Industry 4.0 value added application Laser equipment micro precision machining
Product Direction
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Corporate Governance
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Corporate Governance
Shareholders' equity
◼ The operation of the
shareholders' meeting of
the Company is handled in
accordance with the “Rules
of the Shareholders'
Meeting”. The chairman of
the board of directors
personally presided over the
video.
◼ The company has a
spokesperson system. And
the official website to set up
the "interested person area"
and "investor area".
◼ Operation of the board of
directors in the company,
adopt rules of procedure for
meetings of its board of
directors
◼ Nine directors, including
three independent directors
◼ The exercise of the functions
and powers of the
independent directors of the
Company is handled in
accordance with the
“Regulations on the
responsibilities of
independent directors”.
Board function
◼ The three independent
directors of the company
set up an audit
committee to replace the
supervisor.
◼ The company has a
remuneration committee
and an audit committee.
Audit Committee / Compensation Committee
Information transparency
◼ Announce and declare
within the time limit set
by the relevant laws
and regulations.
◼ The company's official
website has established
corporate governance
information and
financial and business-
related information for
the benefit of
shareholders and
stakeholders.
Internal control system
◼ The company handles internal
control operations within the
relevant laws and regulations.
◼ The internal audit report of the
company is reported to the
audit committee at the end of
the month following the
completion of the audit
operation.
◼ The internal audit supervisor of
the company attended the audit
committee and the periodic
board of directors to prepare an
audit report.
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Corporate Governance
CSR
◼ The company has established
corporate social responsibility.
◼ The company develops LED energy-
saving equipment and fulfills the goal
of green industry. Adhering to the
belief of "taking the society and the
society in use“. Do our best to fulfill
corporate citizenship responsibilities.
◼ The company organizes student
companies to visit, conduct industry-
university cooperation, provide
internship opportunities for
enterprises, sponsor student teams to
participate in international
competitions, etc., and invest in talent
cultivation.
Thank you