GalaxyCore (SH:688728)2024-07-15 09:36Group 1: Company Overview - The company is GeKowei Co., Ltd., with stock code 688728 and abbreviation 格科微 [1] - The investor relations activity took place from July 8 to July 11, 2024 [2] Group 2: Product Developments - In 2023, the company achieved mass production and shipment of image sensors with resolutions of 13 million, 16 million, and 32 million pixels, utilizing the latest FPPI technology [2] - The 32 million pixel product has been recognized by several well-known domestic brands, marking a shift from traditional 2-8 million pixel products to those exceeding 50 million pixels [2] Group 3: Non-Mobile CIS Products - The company’s non-mobile CIS product line, including 4 million and 8 million pixel products, has gained market recognition, with high-performance products achieving significant gross margins [3] - In the automotive sector, the company achieved over 200 million yuan in sales in the aftermarket in 2023 and is transitioning towards the original equipment market [3] Group 4: Factory Operations - The company’s Lingang factory is operating well, having achieved mass production of 13 million pixel products and small batch trial production of 50 million pixel products [3] - This project aids in resource integration in chip design and manufacturing, enhancing competitiveness and market share [3] Group 5: Display Driver Chip Business - The company has improved product competitiveness through self-developed core technologies, covering resolutions from QQVGA to FHD+ [3] - The LCD TDDI products have received orders from internationally recognized mobile brands, with a noticeable increase in sales proportion [3] - The company is also preparing to launch AMOLED display driver IC products, which are expected to become a significant growth point [3] Group 6: Market Outlook - The company has established stable partnerships with major brands like Samsung, Xiaomi, and OPPO, and is confident in significant sales growth related to new high-pixel single-chip solutions in the second half of the year [3]