Core Viewpoint - The company Kaide Quartz is experiencing growth in its semiconductor quartz product orders, driven by increased demand from downstream customers, particularly for 12-inch semiconductor quartz products [1] Group 1: Company Overview - Kaide Quartz, established over 20 years ago, became the first company listed on the Beijing Stock Exchange in the semiconductor quartz product sector on March 4, 2022 [1] - The company's highest revenue segment is its semiconductor business, which generated approximately 150 million yuan in the first half of this year, reflecting a year-on-year growth of 24.33% [1] Group 2: Business Strategy - The company plans to enhance its production capacity while maintaining its 6-inch and below product lines, aiming to increase the proportion of high-end quartz products in its semiconductor offerings [1] - Kaide Quartz is transitioning its product structure from primarily mid-to-low-end products to a focus on high-end products [1] Group 3: Supply Chain Management - The company acknowledges the limited number of suppliers for high-end quartz raw materials and the potential negative impact of upstream raw material price fluctuations on its product gross margins [2] - To mitigate these risks, Kaide Quartz is extending its operations upstream to reduce reliance on foreign high-purity quartz sand and enhance supply chain autonomy and stability [2] - In collaboration with Tongmei Crystal Technology Co., Ltd., Kaide Quartz established Chaoyang Kaimei Quartz Co., Ltd. to focus on producing high-quality quartz glass tubes and high-purity quartz sand for semiconductor and integrated circuit applications [2][3]