Shenzhen China Micro Semicon (SH:688380)2024-06-17 07:36Group 1: Company Overview - The company is 中微半导体 (Zhongwei Semiconductor) with stock code 688380 [1] - The investor relations activity took place on June 13, 2024, in Shenzhen [2] Group 2: Market and Financial Performance - The company reported a stable market situation in Q2 2024, aligning with market expectations [3] - Despite a historical loss in 2023, the company continues to distribute dividends, supported by retained earnings [3] Group 3: Competitive Landscape - The main competitors in the consumer electronics and small home appliances sectors are domestic companies, while international firms dominate in automotive electronics and industrial control [3] - The company acknowledges a significant gap in overall competitiveness compared to international leaders but highlights cost-performance advantages in specific product lines [3] Group 4: Pricing and Profit Margins - The company has not received formal notifications regarding price increases due to upstream capacity constraints [3] - The focus is on maintaining a moderate gross margin to enhance market share and customer satisfaction [3]