Financial Performance - The company's net profit declined in Q2 2024, attributed to seasonal market trends affecting embedded business in consumer electronics [2] - R&D expenses for H1 2024 increased significantly compared to H1 2023, reflecting the company's commitment to innovation [2] Market Trends - The second half of the year is expected to show structural differentiation in various segments, with enterprise-level storage markets remaining optimistic [2] - The company anticipates that the weight of differentiating factors such as technology, market capability, and brand strength will increase as storage prices stabilize [2] Product Development - The company has shipped over 50 million units of SLC NAND Flash storage chips, establishing stable partnerships with major clients [3] - The launch of self-developed 32Gb 2D MLC NAND Flash in January 2024 marks a significant advancement in the company's storage chip capabilities [3] Inventory Management - The company has increased inventory levels to support growing sales and ensure supply stability for major clients [3] - A demand-driven procurement strategy is being implemented to optimize inventory management [3] Enterprise Storage Business - The enterprise storage product line has been developed over three years, achieving significant delivery milestones and high performance ratings from clients [4] - The company is expanding its customer base in the enterprise storage sector, particularly in data centers [4] Self-Developed Controller Chips - The introduction of self-developed controller chips is aimed at enhancing the competitiveness of storage products and improving overall profit margins [4] - The company believes that improved controller chip capabilities will lead to better profitability [4] AI Sector Engagement - The company is actively responding to the challenges and opportunities presented by the AI boom, developing high-performance storage products tailored for AI applications [4] - New products include UFS, LPDDR series, and PCIe BGA SSDs designed for AI servers and applications [4] Brand Development - Lexar, a leading flash memory brand, ranks third in global SSD module market share for proprietary brands in 2022 [5] - The brand continues to expand in various global markets, achieving significant growth in the SSD product line [5] Future Plans - The company plans to enhance its manufacturing capabilities through the establishment of a packaging and testing base in Suzhou [5] - There are currently no plans for substantial engagement in HBM business due to the complexity and existing market dynamics [6]
江波龙(301308) - 2024年7月23日-24日投资者关系活动记录表