The company's energy laser business is mainly based on Huagong Laser. It participates in the high-power semiconductor laser chip company Changguang Huaxin and domestic fiber laser faucet Ruike Laser, holding UV and ultrafast laser company Huari Laser, forming the entire range from upstream components to downstream applications. The industrial chain layout, the company's laser processing and complete equipment business compound growth rate of 41.5% in 2016-2017. We expect the company's energy laser to benefit from the emerging fields of consumer electronics such as OLED panels and sapphire cutting and the rapid growth of domestic high-power fiber laser processing equipment. It is estimated that the company's energy laser business revenue growth rate will be about 32% from 2018 to 2020.
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