Core Viewpoint - Jiangfeng Electronics plans to collaborate with Japan's Aifake to integrate their flat panel display target material businesses, aiming to enhance technological strength in high-end fields and accelerate breakthroughs in critical technologies [1] Group 1: Company Overview - Jiangfeng Electronics specializes in the research, production, and sales of ultra-pure metal sputtering targets and precision semiconductor components, including aluminum, titanium, tantalum, and copper targets [2] - The company actively competes in the market with multinational companies from the US and Japan, having entered the supply chains of renowned semiconductor and flat panel display firms such as TSMC, UMC, SMIC, SK Hynix, Huahong Grace, and BOE [2] Group 2: Business Expansion - To meet market demand, Jiangfeng Electronics has been expanding its production capacity, with the Huanghu target material factory construction progressing smoothly and multiple production bases for semiconductor precision components completed and operational [2] - In July, the company announced a fundraising plan to raise no more than 1.948 billion yuan for projects including the industrialization of 5,100 integrated circuit equipment electrostatic suction cups and 12,300 ultra-pure metal sputtering targets for large-scale integrated circuits [2] Group 3: Financial Performance - According to performance forecasts, Jiangfeng Electronics expects to achieve approximately 2.1 billion yuan in revenue for the first half of 2025, representing a year-on-year growth of about 29%, with net profit projected between 247 million and 267 million yuan, reflecting a year-on-year increase of 53.29% to 65.7% [3] - The company attributes the growth to the resilience and stability of the supply chain, with a continuous increase in orders from domestic and international clients [3]