GRIAM(600206)2024-06-28 09:20Production Capacity and Sales - The company's Changping base has an annual target production capacity of 30,000 units [1] - After the Dezhou base reaches full production, the total capacity will increase to 73,000 units/year [3] - In 2023, the company sold approximately 27,000 units of targets, reaching a historical high [3] - Q1 2024 sales reached about 7,600 units, a 26% year-on-year increase [3] - The Dezhou base officially started production on September 20, 2023, and is expected to begin mass production in the second half of 2024 [3] Product Structure and Market - The company's target products feature vertical integration and full product line layout [3] - The new capacity at the Dezhou base mainly focuses on high-end process targets such as copper, tantalum, and cobalt [3] - Target products are applied in logic computing chips, memory chips, RF chips, power devices, and advanced packaging [3] - The Dezhou base's new capacity will target both domestic and international markets [4] Technological Advancements - The company's high-purity/ultra-high-purity copper purification technology is entirely proprietary, with product purity reaching 7N [3] - The company has an early layout in solid electrolyte materials and is already supplying small batches [4] Market Strategy and Management - The company has reserved space for rapid capacity expansion at the Dezhou base to meet market demand [3] - The company emphasizes its advantages in product price, delivery cycle, after-sales service, and response speed [4] - In 2024, the company has included market value management in its performance evaluation [5] Financial and Governance - The company maintains stable performance dividends to enhance shareholder returns [5] - The company has strengthened corporate governance and information disclosure, including the release of ESG reports [5]