1. Introduction to the Project

1.1 Project background

1.1.1 Product introduction

Infrared thermal imaging devices are electro-optical imaging systems that detect the infrared radiation of target objects and then convert the temperature distribution images of the target objects into video images through photoelectric conversion, electrical signal processing, and digital image processing. Infrared thermal imaging devices are mainly composed of lenses, infrared detectors, hardware circuits, and the built-in image processing software and algorithms. Among them, the combination of detectors, hardware circuits, and image processing software is the core. From different perspectives, infrared thermal imaging devices have various classification criteria. According to the working temperatures of the detectors used in infrared thermal imaging devices, they can be divided into two types: refrigerated and non-refrigerated. 

1.1.2 Market prospect

(1) Global infrared detection system market scale

In 2023, the global infrared detection system market capacity reached 71.498 billion yuan (RMB). It is predicted that by 2029, the global infrared detection system market scale will reach 100.948 billion yuan, with an average annual compound growth rate of 5.92% during the prediction period. According to the types, the infrared detection system industry can be divided into military-grade and civilian-grade. According to the final uses, the infrared detection system can be applied to other fields, battlefield early warning, detection and guidance, fire control, etc.

Infrared quantitative measurement technology is a method for quantitative analysis of the concentration of substances using infrared spectroscopy. It is based on the basic principle that substances absorb light of specific wavelengths within the infrared spectral range, and the degree of absorption is proportional to the concentration of the substance. Infrared quantitative technology can provide accurate concentration quantitative results with an accuracy of up to 0.1%. It is fast: Infrared quantitative technology can provide accurate concentration results within a few seconds. No sample preparation is required: Infrared spectrometers can measure samples without pretreatment, which is convenient and fast. Wide applicability: Infrared quantitative technology can be applied to a variety of different chemical substances and samples in various forms, including liquid, solid, and gas.‌

(2) Development status and prospect of the infrared thermal imaging device industry

Thermal imaging devices are a type of infrared measuring instrument. Thermal imaging devices, also known as infrared thermal imaging devices, are devices that use infrared thermal imaging technology to detect and measure the temperature distribution of the surface of objects. They receive the infrared radiation emitted by objects and convert it into a visual thermal image, thereby realizing the measurement and distribution monitoring of the temperature of objects. 

The infrared thermal imaging device industry is a rapidly developing field. It uses the principle of infrared radiation to receive the infrared radiation emitted by objects and convert it into electrical signals, which are then processed to form thermal images to detect the temperature distribution of the surface of objects. The industrial chain of this industry mainly includes upstream raw material suppliers, such as wafer foundries and various auxiliary material suppliers, midstream detector and complete machine manufacturers, and downstream terminal application fields, such as military and civilian markets. With the development of infrared thermal imaging technology, the cost of civilian infrared thermal imaging devices is decreasing, and their applications in industrial temperature measurement, education and research, fire and security monitoring are constantly increasing.

The global and Chinese infrared thermal imaging device markets are both growing. According to statistics, in 2023, the production volume of infrared thermal imaging devices in China was 1.289 million units, the demand was 1.204 million units, and the market size was 17.41 billion yuan. With the progress of technology and the expansion of application fields, the average annual compound growth rate of the Chinese infrared thermal imaging device market is expected to remain at a relatively high level. The industry competition pattern is highly concentrated and monopolistic, but the technical strength and brand influence of domestic enterprises are also constantly improving, making China one of the important production and research and development bases for infrared thermal imaging devices in the world.

The development of the infrared thermal imaging device industry is inseparable from the collaborative development of the industrial chain. At present, the infrared thermal imaging device industrial chain has formed a complete chain from raw material supply, detector manufacturing, complete machine assembly to application services. In the future, with the continuous progress of technology and the increase of application demands, all links of the industrial chain will further strengthen collaborative cooperation to promote the rapid development of the infrared thermal imaging device industry. With the continuous progress of infrared thermal imaging device technology and the continuous expansion of application fields, the scale of the infrared thermal imaging device market will continue to grow, and the infrared thermal imaging device market has great growth potential and a good market prospect.

1.1.3 Advantageous conditions of project construction

(1) Policy advantage

In August 2023, the Ministry of Industry and Information Technology and the Ministry of Finance issued the "Stable Growth Action Plan for the Electronic Information Manufacturing Industry 2023-2024", proposing to sort out the standard systems of basic electronic components, semiconductor devices, optoelectronic devices, electronic materials, new displays, integrated circuits, smart homes, virtual reality, etc., and accelerate the formulation of key standards and the implementation of the issued standards. ‌

(2) Location advantage

Changchun Economic and Technological Development Zone is located in Changchun City, Jilin Province, and is located at the geographical center of Northeast Asia. It is an important node of the Harbin-Dalian Economic Belt and the China-Mongolia-Russia Economic Corridor. This geographical location makes the development zone an important hub for connecting countries in Northeast Asia, which is conducive to international trade and regional cooperation.

The transportation network of the development zone is extremely convenient. It integrates various transportation methods such as aviation, railway, expressway, and light rail. It has Longjia International Airport and can reach two-thirds of cities in China within 1.5 hours and all major cities in the world within 5 hours. In addition, there are also multiple expressways and railway lines in the zone, which is convenient for logistics and personnel flow. ‌

(3) Talent advantage

Changchun Economic and Technological Development Zone has rich human resources and strong scientific and technological strength. There are 28 higher education institutions under the jurisdiction, including Jilin University, and there are national research institutions such as the Changchun Institute of Optics, Fine Mechanics and Physics and the Changchun Institute of Applied Chemistry, 97 independent research institutions, 71 national or provincial key laboratories, and 25 academicians of the Chinese Academy of Sciences and the Chinese Academy of Engineering. There are more than 300,000 college students and the total number of various talents exceeds 600,000, which can provide talent support for the project.

1.2 Contents and scale of project construction

1.2.1 Construction scale

The annual production scale is 2,000 thermal imaging devices.

1.2.2 Construction contents

The project covers an area of 30,000 square meters and is planned to build production and assembly workshops, finished product warehouses, inference test benches, and related supporting facilities.

1.3 Total investment of the project and capital raising

The total investment of the project is 300 million yuan, including the construction investment of 240 million yuan.

1.4 Financial analysis and social evaluation

1.4.1 Main financial indexes

After the project reaches the production capacity, its annual sales income will be 187.5 million yuan, its profit will be 61.9 million yuan, its investment payback period will be 5.9 years (after the tax, including construction period of 1 year), and its return on investment will be 20.1%.

Note: “10 thousand yuan” in the table is in RMB.

1.4.2 Social evaluation

Infrared thermometers can help enterprises optimize production processes, reduce energy waste, and achieve the goals of energy conservation and emission reduction, promoting sustainable development. The construction of the project complies with the industrial development direction of Changchun City. At the same time, it can drive employment in related areas, and the project has good social benefits.

1.5 Cooperative way

The government will build a platform, and the project can adopt various forms such as joint venture, cooperation, and sole proprietorship.

1.6 What to be invested by the foreign party

Foreign investors can adopt the forms of capital, technology, and equipment investment. The investment ratio will be determined through negotiation between the two sides, and the ratio shall comply with relevant industrial regulations.

1.7 Construction site of the project

Optoelectronic Information Industrial Development Demonstration Zone of Changchun Economic and Technological Development Zone

1.8 Progress of the project

The project proposal has been prepared.

2. Introduction to the Partner

2.1 Unit basic information

Name: Optoelectronic Information Industrial Development Office of Changchun Economic and Technological Development Zone

Address: Building 7, Optoelectronic Information Industrial Park, No. 7691, Ziyou Road 7691, Changchun Economic and Technological Development Zone

2.2 Unit overview  

Changchun Economic and Technological Development Zone was established in 1992 and was approved as a national economic and technological development zone by the State Council in 1993. It has a current administrative jurisdiction area of 112 square kilometers, governing four streets and one town, with a permanent population of 400,000. It is the main battlefield of Changchun's real economy and the gathering place of foreign-funded enterprises. In 2018, it ranked 25^th in the comprehensive evaluation of the investment environment of 219 national economic and technological development zones in China.

1. Development orientation. It is the "4+1" core area of Changchun's optoelectronic information industry as clearly defined by Changchun City. It is taking the cultivation of new quality production forces as the leading factor, closely following the city's "one center, five highlands" and "two cities" construction, binding Changchun Institute of Optics, Fine Mechanics and Physics, the largest innovation leader in the optoelectronic field, focusing on taking the lead in breaking through, growing stronger, and making better, leading a group of leading enterprises to develop in a cluster manner, and striving to make the scale of the optoelectronic information industry in the whole district reach more than 33 billion yuan by 2025, accounting for more than one-third of Changchun's output value, and striving to build an optoelectronic industry leading demonstration zone and a new quality production force benchmark zone.

2. Ecological Construction. The industrial ecological system is mainly constructed from three dimensions: ① One valley and seven parks gather light to forming potential. Invest 30 billion yuan to build the "Core Light and Wisdom Valley" covering an area of 1 million square meters, which is the largest optoelectronic information industry agglomeration area in the Northeast. It includes seven park-in-parks named after leading enterprises, namely Phase I "Hengguang Park", Phase II "Yunguang Park", Phase III "Zhiguang Park", Phase IV "Jiguang Park", Phase V "Xinguang Park", Phase VI "Huaguang Park", and Phase VII "Huiguang Park". At present, the first to fourth parks are in use or basically completed and can fully undertake the settlement of projects. The fifth to seventh parks have started implementation. It is planned to have more than 200 enterprises settled within 5 years, with an output value exceeding 20 billion yuan, and the output value exceeding 50 billion yuan within 10 years. ② One institute and two academies gather light to empower. Strongly cooperate with Changchun Institute of Optics, Fine Mechanics and Physics, Jilin University, and Changchun University of Science and Technology, adopt the "government + institutions and universities + joint venture companies" model, jointly invest with land and factory buildings, etc., focus on the most cutting-edge technologies in the optical field, innovate cooperation mechanisms, create exchange platforms, and achieve complementary advantages to transform the "innovation flowers" into "industrial fruits". ③ One street, two centers and six platforms gather light into torches. The optoelectronic information industry demonstration street integrating beautification, greening, lighting, and colorization and integrating optical elements is accelerating construction and will become a popular new landmark leading the trend of science and technology and inheriting the cultural veins. The Changchun Institute of Optics, Fine Mechanics and Physics Youth Innovation Center, which provides ten services such as comprehensive research and development, technology transfer, pilot testing, intellectual property, journal exhibition, consulting and training, entrepreneurship guidance, salon forum, industrial expansion, investment and financing, has become the "regional highland" for attracting talents and retaining wisdom. The National Semiconductor Laser Technology Innovation Center integrating technology innovation, product pilot testing, and achievement transformation is operating well and can break through the technical bottleneck of China's high-end laser chips, with an annual production of 10 million chips and an output value of more than 10 billion yuan. Six innovation platforms such as the State Key Laboratory of Applied Optics, the State Key Laboratory of Luminescence and Application, the State Key Laboratory of Laser-Matter Interaction, and the National Engineering Technology Research Center are gathering in our district, working together to break through the "bottleneck" technologies that restrict the country.

3. Industrial community. Focus on five major fields of optoelectronic core components, laser technology and application, optoelectronic new materials, imaging and display, and high-end equipment manufacturing, and strongly promote the rapid rise of a group of leading enterprises in the optoelectronic field, realizing the clustering and gathering of more than 100 key enterprises such as central enterprises, Fortune 500 companies, unicorns, and quasi-listed companies. At present, there are CMOS core component manufacturing and research and development enterprises represented by GPIXEL, ZYMEC, Changguang Yuanxin, and YCMEC, large-aperture laser technology application enterprises represented by JLIGHT Semiconductor, new optoelectronic composite material enterprises represented by KINGCERA and Changguang Qichen, system imaging and display enterprises represented by Changguang Xingshi, Changguang Aorun, and Jixing Tianzhou, and optical high-end equipment manufacturing enterprises represented by Changguang Huada, Changguang Daqi, and Aopu Optoelectronics. GPIXEL has exceeded 1 billion in scale and occupies half of the market in related sub-sectors. Many products of the listed company OPTOTECH have been successfully applied in national major projects such as "Shenzhou" and "Tiangong".

4. Policy services. With the "customized construction" landing service to promote the coordination of production and sales, it is possible to achieve "land acquisition, project establishment, construction, and output in the same year". We use the forward-looking service of "funds injection" to cultivate the integration of production and finance, and strive to build a billion-yuan fund matrix led by government-guided funds and competed by social capital, to give the optoelectronic information industry development "wings for takeoff". With the customized service of "policy guidance" to promote the improvement of production services, a series of policies supporting the optoelectronic information industry have been introduced to form a multi-dimensional and multi-chain policy system. ‌

2.3 Contact method

Contact person: Jiang Qiuhui

Tel: +86-431-84632683   +86-13331776666

Fax: +86-431-84632683

E-mail: 496255207@QQ.com

Contact method of the city (prefecture) where the project is located:

Contact unit: Cooperation and Exchange Office of Changchun City

Contact person: Zhang Junjie

Tel: +86-15704317930

Fax: +86-431-82700590

E-mail: xmc82763933@163.com