Manufacturing base inBao'an, Shenzhen | |
Native name | 大族激光科技产业集团股份有限公司 |
|---|---|
| Company type | Public |
| SZSE:002008 | |
| Industry | Industrial laser equipment |
| Founded | 18 November 1996; 29 years ago (1996-11-18) |
| Founder | Gao Yunfeng |
| Headquarters | Shenzhen,Guangdong,China |
Key people | Gao Yunfeng (Chairman & CEO) |
| Revenue | |
| Total assets | |
| Total equity | |
Number of employees | 16,970 (2023) |
| Website | www |
| Footnotes / references [1] | |
Han's Laser (Chinese:大族激光;pinyin:Dàzú Jīguāng) is apublicly listed Chinese company that engages in the manufacture and sale of industriallaser equipment. It is one of the largest laser companies inChina.
In 1996, Han's Laser was founded inShenzhen by Gao Yunfeng who previously taught at theNanjing University of Aeronautics and Astronautics. The idea came after Gao helped to repair a foreign industrial machine for a friend as at the time foreign firm's did not pay much attention to foreign markets and the repair process took a long time. Using CNY400,000 from his friend as payment for the repairs. Gao decided to rent a house in Shenzhen to start his business.[2][3]
The location was chosen as it attracted a lot of young college graduates across the country that it could recruit for itsresearch and development (R&D) unit.[2][3]
When Han's Laser first started, it provided services to button makers by printing logos on them.[3][4]
To raise capital for the company, Gao had to give up his controlling stake of the company to investors such asShenzhen HTI Group.[3]
In 2000, Han's Laser hiredWang Daheng as a technology consultant to the company. The company hired other academics from theChinese Academy of Sciences which contributed to the rise of its R&D strength.[2]
In 2001, Gao had a conflict with Han's Laser's management team chosen by Shenzhen HTI Group. As a result, he went toloan sharks to borrow money to repurchase enough shares of the company to regain control. The company restructured as a result.[3] During the same year, Han's Laser stated expanding into overseas markets.[4]
In 2004, Han's Laser held itsinitial public offering and became a listed company on theShenzhen Stock Exchange.[2]
Due to theMade in China 2025 policy, there was a large demand for laser equipment which benefitted Han's Laser. Compared to its peers, Han's Laser product line covered a larger range of industries.[2][4]
In November 2016, Han's Laser acquired CorActive High-Tech, a manufacturer of specialtyoptical fiber and fiber laser modules based inQuebec,Canada.[5]
On 5 March 2019, the Shenzhen Stock Exchange notified theHong Kong Stock Exchange that shares of Han's Laser could no longer be purchased via theShenzhen-Hong Kong Stock Connect program asforeign ownership of the company had already exceeded the 28% threshold and was close to the 30% hard limit. At the time, this was only the second stock in the program's history to approach an upper limit for foreign ownership.[6]MSCI which had previously included the company in its China All Shares Index removed it on 11 March citing potential investability issue for investors.[7]
In May 2023, it was reported that Han's Laser had purchased 262 acres inManor, Texas which was speculated to be a project to build a factory there that could grow to provide over 1,000 jobs in the area.[8]
In September 2025, it was reported that Han's Laser was expanding its product offering from semiconductors to new markets, as industrial laser demand slide.[9]
In July 2019, Tiger Vision Financial Research released a report that questioned the authenticity of Han's Laser's European R&D center project inSwitzerland. It claimed that the funds of CNY1.1 billion for it wereembezzled to build aluxury hotel instead. In response, Han's Laser made a statement onEast Money that stated the European R&D center was an independent project and that there were no misappropriation of funds. Shares of the company declined by 9.11% afterwards.[10] A visit to the registered address of the R&D center inEngelberg revealed it was only a room of about 10 square meters.[11]
In August 2019, Gao was interviewed on aChina Central Television program where he was asked about the embezzlement scandal. Gao lashed out at the reporter asking if the reporter was qualified to question him. The Shenzhen Stock Exchange criticized Gao's remarks. Shortly afterwards, Han's Laser issued a statement apologizing for Gao's remarks. Despite this, shares of Han's declined 8.8% on that day.[3][11]