Jia Yuan Technology(688388) 证券时报网·2025-01-20 02:07Core Viewpoint - 嘉元科技 expects a significant increase in revenue for 2024, projecting between 600 million to 700 million yuan, representing a year-on-year growth of 20.76% to 40.88% [1] Group 1: Financial Performance - The company anticipates an increase in revenue of 103.14 million to 203.14 million yuan compared to the previous year [1] - Sales of various copper foil products are expected to reach approximately 67,500 tons, marking a growth of 17.19% from 2023 [1] - The performance is impacted by increased competition in the lithium battery copper foil industry and rising credit impairment losses [1] Group 2: Market Expansion and Strategy - 嘉元科技 is actively exploring international markets while maintaining its domestic market position, aiming to enhance brand recognition [2] - The company has established partnerships with international battery manufacturers, laying the groundwork for expansion into European and other overseas markets [2] - 嘉元科技 plans to leverage its product advantages and comprehensive service capabilities to drive international sales and diversify its development [2] Group 3: Research and Development - The company is focusing on the development of advanced copper foil technologies, including composite, micro-hole, single crystal, and new special copper foils [3] - 嘉元科技's products are essential for various electronic components and semiconductor devices, meeting the demand for lightweight and thin electronic products [3] - Recent advancements include breakthroughs in high-performance electronic circuit copper foils, contributing to the domestic replacement process [3][4] Group 4: Industry Trends - The copper foil processing fees have reached a bottom, with some products experiencing a slight increase, indicating a stable pricing environment [5] - The lithium battery copper foil market is expected to consolidate around leading companies as competition intensifies [5]