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With the continuous growth of the laser market, laser applications are becoming more and more promising. The laser industry is playing an increasingly important role in the national production industry. All along, we have also attached great importance to the development of the laser industry in China. “Made in China 2025” is one of the key industries for the development of the laser industry. According to market statistics, the laser industry will maintain a rapid growth of about 10% in the next five years.
As a member of the upstream laser industry chain, Raymond Technology also benefited from the rapid development of the laser industry in recent years. According to the introduction of Raymond Technology's 2017 Annual Results Express, thanks to the company's grasp of industry development opportunities, timely adjustment of production capacity according to market demand conditions. , Orderly development of production and business activities, continuous optimization of production processes, promotion of market development and customer service levels, sales of various types of products have achieved rapid growth. In 2017, the company achieved operating revenue of 453,851,100 yuan, an increase of 47.26% over the same period of last year.
The main driving forces of Raymond Technology's market growth are two fold. First, the UV laser market has grown substantially; second, the growth of fiber lasers. According to reports, the growth of these two markets has a great demand for crystals and optics of Raymond Technology, as well as some device products. Of course, this is due to the accuracy of Raymond Science and Technology's judgment on the development of the entire market in the previous two years. Raymond Science and Technology has gradually implemented the expansion of various production lines since the beginning of the year. The arrival of the market in the past two years is due to Raymond Technology. Lived a good opportunity for this wave of market development.