THEC(BJ:833509)2024-07-22 10:26Group 1: Investor Relations Activities - The company conducted an investor relations activity on July 19, 2024, via online network and phone survey [2] - Participating institutions included Dongguan Securities, Zhongtai Securities, and Shanghai Beiyin Private Fund Management [2] Group 2: Automotive Chip Testing - The company has established a presence in automotive chip testing, particularly in the third-generation power semiconductor sector [4] - The TH51X series semiconductor devices have been successfully integrated into domestic leading companies' SiC production lines, generating significant economic benefits [4] Group 3: Semiconductor Product Development - The company faces high technical barriers in semiconductor products, with international leaders like Keysight and Keithley dominating the market [5] - Recent product lines, including the SMU source meter series and PIV pulse characteristic testing series, have shown continuous sales growth and improved product structure [5] Group 4: Collaboration with Southeast University - A partnership with Southeast University was established in March 2023, with a total R&D funding of RMB 10 million over three years [5] - The collaboration aims to enhance the company's capabilities in advanced power chip testing, contributing to its long-term strategic goals [5] Group 5: Impact of Consumer Electronics Recovery - The electronic information manufacturing industry saw a 13.8% year-on-year increase in value added, with smartphone production rising by 10.6% [7] - The recovery in the consumer electronics sector is expected to positively impact the company's 2024 performance, with significant clients including Huawei and Apple [7] Group 6: Key Products - The company has developed several advanced products, including: - TH2851 series precision impedance analyzers with a bandwidth of 130MHz [8] - TH199X precision source/measurement units with high resolution [8] - TH66XX series feedback source/load systems for renewable energy applications [9] Group 7: Dividend Policy - The company has consistently distributed dividends exceeding 58% of net profits since its listing, with a cash dividend in 2023 amounting to 105% of that year's net profit [10] - Future dividend policies will continue to focus on shareholder returns through various methods, including cash dividends and share buybacks [10] Group 8: Shareholding Stability - The actual controllers hold 61.5% of the company's shares, ensuring stability in ownership [12] - There are currently no plans for share reduction among the controlling shareholders, maintaining confidence in the company's long-term development [12]