SBT(SH:688392)2024-06-25 07:50Group 1: Company Overview - The company is Shanghai Jiao Cheng Ultrasonic Technology Co., Ltd., with the stock code 688392 [1] - The investor relations activity took place on June 18 and June 20, 2024, in Shenzhen and Shanghai [2] Group 2: Product Development in New Energy - The company has launched new products in the new energy power battery sector, including ultrasonic dust removal systems and laser welding quality monitoring systems [3] - The ultrasonic welding equipment can effectively meet the requirements for welding copper and aluminum wires with diameters over 185 square millimeters, catering to high-pressure and fast-charging applications [4] Group 3: Client Base and Market Potential - Key clients in the wiring harness sector include Tyco Electronics, Aptiv, BYD, and others, indicating a strong market presence [3] - The company is rapidly capturing market share in the new energy vehicle wiring harness and charging pile applications due to the advantages of its ultrasonic welding equipment [4] Group 4: Semiconductor Sector Competition - Major competitors in the semiconductor field include K&S and ASMPT, with the company focusing on enhancing its core competitiveness through talent acquisition and R&D investment [4] - The company has introduced several products in the semiconductor sector, such as ultrasonic wire bonding equipment and ultrasonic scanning microscopes, which play a crucial role in advanced packaging processes [5] Group 5: Market Opportunities - The advanced packaging sector has a high market share of imported equipment, with a low domestic production rate, indicating significant market potential for the company [5] - The company is actively pursuing technology and business layouts to establish a solid foundation for long-term development in this field [5]