FOUNDERTECH(SH:600601)2024-07-16 09:07Group 1: Business Overview - The core business of the company is PCB, primarily operated by Zhuhai Founder Technology Multi-layer Circuit Board Co., Ltd., with over 30 years of development in high-layer and high-density interconnect (HDI) fields [1] - In 2023, the PCB business achieved revenue of CNY 3.022 billion and a net profit of CNY 178 million [2] Group 2: Short-term Performance - In the first half of 2024, the PCB market performed better than the same period last year, driven by rapid developments in data centers and artificial intelligence [2] - The company expects a net profit attributable to shareholders for the first half of 2024 to be between CNY 127 million and CNY 172 million, an increase of CNY 78.95 million to CNY 123.95 million, representing a year-on-year growth of 164.33% to 257.98% [2] Group 3: Product Development - The company has developed capabilities for AI servers and high-reliability products, preparing for future market demands [2] - In the optical module sector, the company has started mass production of various optical module products, including 10G to 800G [3] Group 4: International Business and Strategy - Approximately one-third of the company's revenue comes from overseas markets, including North America, Europe, Japan, and South Korea [4] - The company is actively expanding its overseas market presence and is progressing with the establishment of a manufacturing base in Thailand [4] Group 5: Financial Health and Material Costs - The company maintains a low debt-to-asset ratio, primarily relying on self-funding and bank loans for financing [4] - Recent increases in raw material prices, particularly copper, have been manageable and controllable for the company's operations [4]