Group 1: CIS Chip Packaging Industry - The report highlights that Crystal Technology, a CIS chip packaging factory, forecasts a net profit of 240 million to 264 million yuan for 2024, representing a year-on-year growth of 59.90% to 75.89% [3] - The growth is attributed to the continuous expansion and leading advantage in the automotive CIS packaging business, as well as commercialization in new fields such as MEMS and RF filters [3] - The report also notes that the camera lens filter company Dongtianwei expects a net profit of 55 million to 62 million yuan for 2024, marking a turnaround from losses in 2023, driven by a 4% increase in global smartphone sales [3] Group 2: Beverage Industry - Dongpeng Beverage anticipates a net profit of 3.15 billion to 3.45 billion yuan for 2024, reflecting a growth of 54% to 69% compared to the previous year, which aligns with market expectations [6] - The company reported that cash received from sales exceeded 6 billion yuan in the fourth quarter of 2024, a year-on-year increase of over 63% [6] - The report suggests that while overall revenue growth may slow in 2025 due to a high performance base, the market performance of the new product "Brew Water" could be a potential source of future growth [6] Group 3: Frozen Bakery Industry - Lihigh Food, a leader in the frozen bakery sector, projects a net profit of 265 million to 285 million yuan for 2024, indicating a year-on-year increase of 262.88% to 290.27% [7] - Excluding the impact of stock payment expenses from a 2022 incentive plan, the net profit is expected to be 275 million to 295 million yuan, with a growth rate of 48.03% to 58.80% [7] - The report emphasizes Lihigh Food's potential for future growth due to its strategic positioning in the market and its focus on developing a second growth curve through its cream business [7]
第一创业：晨会纪要-20250121
First Capital Securities·2025-01-21 14:01