1. Introduction to the Project

1.1 Project background

1.1.1 Product introduction

Laser is radiation generated by the amplification of stimulated emission. A laser is a device that generates and outputs laser light, serving as the core component of a laser processing system. The application fields of laser technology are extremely extensive. Globally and domestically, it has extended to various aspects of industry and even people's daily lives. Key application fields of laser technology that have a significant impact and large market scale and potential mainly include optical communication, material processing, excimer printing, data storage, medical cosmetology, etc.

The project will be constructed in Changchun Chaoyang Economic Development Zone. The project plans to introduce high-tech enterprises that integrate the research, development, production, and sales of laser intelligent equipment products.

1.1.2 Market prospect

(1) Status analysis of international market

Laser is an electromagnetic wave with high directivity, high brightness, high monochromaticity, and high coherence. Laser technology is a technique that utilizes the characteristics of laser to process materials, including laser cutting, laser welding, laser marking, laser drilling, laser heat treatment, etc.

Laser technology is an important scientific and technological innovation that emerged in the middle of the 20th century, renowned as the "fastest knife" and the "most accurate ruler". Due to its advantages such as high efficiency, high precision, and low pollution, laser technology has extended to various aspects of industry and even people's daily lives both globally and domestically. Data shows that the market size of China's laser industry has been continuously growing. In 2022, the overall market size of China's laser industry reached 218.6 billion yuan. In 2024, the market size is expected to reach approximately 265 billion yuan. By 2029, the industry size may exceed 750 billion yuan. The market size of lasers has also been rising steadily, reaching 121 billion yuan in 2023 and approximately 145.5 billion yuan in 2024. The sales scale of laser equipment has also increased. In 2022, the sales scale of laser equipment in China was approximately 86.2 billion yuan, about 94 billion yuan in 2023, and it increased to 101.7 billion yuan in 2024.

The competitive landscape of the laser industry is mainly reflected in two aspects: lasers and laser processing equipment. Lasers are the core components of laser processing equipment, determining the quality and power of laser output. Laser processing equipment represents the specific applications of laser technology in various fields, covering a variety of processes and products. With the increasing requirements for automation and intelligence in China's industrial manufacturing, laser processing control technology has been continuously upgraded and iterated. Laser processing applications have gained widespread use in various fields due to their excellent processing characteristics. At the same time, in industrial manufacturing, there are different requirements for processing materials, processing speeds, and processing techniques, resulting in rich and diverse application scenarios for laser processing.

(2) Future development trend of laser industry

In terms of technological innovation, with the continuous breakthroughs in laser technology, such as the emergence of ultrafast lasers, it will bring revolutionary changes to the laser industry. At the same time, the integration of laser technology with emerging technologies such as artificial intelligence and the Internet of Things will promote the industry to develop to a higher level. For example, intelligent lasers, combined with technologies such as sensors, artificial intelligence, and machine learning, can operate autonomously, improve efficiency, adapt to the environment, and optimize performance based on real-time data.

In terms of development direction, the laser industry will develop towards digitalization, intelligence, and greenness, promoting industrial upgrading and transformation. With the popularization and application of new-generation information technologies such as 5G and the Internet of Things, the laser industry will face more opportunities and challenges. There will be continuous breakthroughs in technology and application fields. It is expected that in the future, laser technology will achieve breakthroughs in more fields such as material processing and biomedicine. The acceleration of domestic substitution, as the performance and quality of domestic lasers continue to improve, and with the support policies of the country for domestic substitution, domestic lasers will occupy a larger market share in the future. The business going global is being continuously promoted. As the competitiveness of Chinese manufacturing in the international market continues to increase, the export volume of laser equipment will continue to grow.

Market expansion: Laser technology is a technology with a wide range of application scenarios and fields. With the development and innovation of laser technology, it will continuously explore new markets and fields, meet the needs of different industries and fields, and create new value and opportunities.

International cooperation: Laser technology is a technology with international influence and competitiveness. With the development of global economic integration and scientific and technological globalization, laser technology will continuously strengthen international cooperation and exchanges, promote the sharing and dissemination of laser technology, and enhance the level and status of laser technology.

To sum up, the future development prospects of the laser industry are broad, full of opportunities and challenges. 

1.1.3 Advantageous conditions of project construction

(1) Policy advantage

The "14^th Five-year Plan for Intelligent Manufacturing Development" emphasizes that during the "14^th Five-year Plan" period, China will vigorously develop intelligent equipment, including intelligent welding robots, advanced laser processing equipment such as ultrafast lasers, and intelligent detection equipment and instruments such as laser tracking measurement. The Plan points out that by 2035, digitalization and networking will be fully popularized among manufacturing enterprises above designated size, and key enterprises in key industries will basically achieve intelligence.

The "Outline of the 14^th Five-year Plan for the National Economic and Social Development of Jilin Province and the Long-Term Goals for 2035" proposes to improve the full technology research chain of high-power semiconductor lasers from materials to devices, systems and applications.

The "14^th Five-year Plan for the Development of Strategic Emerging Industries in Jilin Province" points out the need to "enhance the industrial support capacity of laser products, drive the research, development and production of laser materials, laser equipment, laser devices and other products with technological advantages, and accelerate the development of new laser products for industries such as industry, medical treatment and transportation".

The "14^th Five-year Plan for the Industrial Development of Jilin Province" clearly proposes to focus on the five major fields of "chips, optics, satellites, automobiles and networks", and build up the electronic information manufacturing industry based on optoelectronics, automotive electronics and new components.

The "Outline of the 14^th Five-year Plan for the National Economic and Social Development of Changchun City and the Long-Term Goals for 2035" plans to create a full industrial chain of "optical materials and optical components → high, medium and low power lasers → laser cutting, welding, marking, engraving, display and other laser complete sets of equipment and applications".

(2) Talent advantage

Changchun is a well-known high-intelligence intensive area in China. Dozens of key universities, such as Jilin University, Northeast Normal University, and Changchun Institute of Optics and Fine Mechanics, are located in Changchun. It also has national, provincial (ministerial)-affiliated scientific research institutions, including the Changchun Branch of the Chinese Academy of Sciences, the Changchun Institute of Optics and Fine Mechanics, and the Changchun Institute of Applied Chemistry, as well as design institutes, computing and testing centers, and multiple key open laboratories established by the state in Changchun.

Changchun has an abundant human-resource supply with a cost advantage. Higher-education institutions and research institutions like Jilin University, Northeast Normal University, Changchun University of Chinese Medicine, the Changchun Institute of Optics and Fine Mechanics, and the Changchun Institute of Applied Chemistry can provide senior management personnel and skilled workers for enterprises to implement this project.

(3) Basic advantages of the project

The project will be constructed in Changchun Chaoyang Economic Development Zone. It is bounded by Silicon Valley West Street to the east, Tengda Road to the south, Yuwen Street to the west, and Junda South Road to the north. The land area is 14 hectares. Currently, the plot is a clean site with the land nature of state-owned land, and the planned land use nature is first-class industrial land. The transfer procedures can be handled directly. It has great development potential, a superior geographical location, convenient transportation, and complete surrounding supporting facilities.

1.2 Contents and scale of project construction

The project covers total area of 100,000㎡, The project is mainly used for the integration of automobile sales, warehousing supervision services, and movable property pledge management services. Its main products include the research and development of laser processes such as laser cutting, laser welding, laser cleaning, laser weeding, laser medical applications, and laser military applications. The laser intelligent equipment products are applied in numerous manufacturing industries, such as sheet metal processing, machinery manufacturing, auto parts, electronics and electrical appliances, building materials, aerospace, weaponry and equipment, instruments and meters, handicrafts, new-energy power battery production lines, and 5G communication base stations.

1.3 Total investment of the project and capital raising

The total investment of the project is 1.4 billion yuan, including the construction investment of 1.12 billion 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 778.5 million yuan, its profit will be 256.9 million yuan, its investment payback period will be 7.45 years (after the tax, including the construction period of 2 years), and its return on investment will be 18.3%.

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

1.4.2 Social evaluation

After the project is completed, it will promote the further agglomeration of the laser industry, which is of positive significance to the development of the equipment manufacturing industry in Chaoyang District. At the same time, it will attract a large number of people, boost popularity, and provide a large number of job opportunities, thus solving the problem of social employment.

1.5 Cooperative way

Sole proprietorship, joint venture or cooperation.

1.6 What to be invested by the foreign party

Capital, other ways can be discussed in person.

1.7 Construction site of the project

Chaoyang Economic Development Zone of Changchun City

1.8 Progress of the project

The project proposal has been prepared.

2. Introduction to the Partner

2.1 Unit basic information   

Name: Management Committee of Chaoyang Economic Development Zone of Changchun City

Address: about 110m northeast of the intersection of Yumin East Road and Zhuoyue Avenue in Chaoyang District, Changchun City

2.2 Unit overview   

Chaoyang District is an old and central urban area of Changchun City. The district covers an area of 237 square kilometers, with a built-up area of 37.78 square kilometers. Chaoyang District enjoys a superior location and abundant resources. Located in the central southern part of Changchun City, it is the economic, cultural, scientific, and educational center of the city. There are 17 large-scale scientific research institutions in the district, such as the Changchun Institute of Applied Chemistry of the Chinese Academy of Sciences and the Jilin Provincial Electric Power Research Institute, 8 universities including Jilin University, 12 high-level high schools like the High School Attached to Northeast Normal University, and 43 high-quality primary and secondary schools. It is truly the source of education and science and technology. There are a total of 512 medical institutions in the district, including 11 well-known national top-level tertiary hospitals like the First Hospital of Jilin University, and their service scope radiates across the country. Deyuan Park, the first theme park of socialist core values in China, Wenhua Square, the largest green square in Northeast China, as well as Nanhu Park, Mudan Park, etc. are scattered throughout the district. The green coverage rate reaches 44.5%, presenting a unique "garden style" human-settlement ecological environment in northern China.

Chaoyang District has a prosperous industry and a booming economy. The business circulation industry in the main urban area of Chaoyang District is developed greatly. It has four major business circles, namely the Chongqing Business Circle, the Hongqi Business Circle, the Guilin Business Circle, and the Ouya Shopping Mall Business Circle, making it the most prosperous area for leisure and shopping in the city. The new-type industries in the development zone have risen rapidly. There are currently more than 500 enterprises of various types, covering 13 major categories and more than 4,000 varieties.

2.3 Contact method

Contact person: Wang Liwu

Tel: +86-18643076617

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