晶升股份(688478) - 晶升股份投资者关系活动记录表-2024年8月21日及2024年8月22日

Group 1: Investor Relations Activities - The investor relations activities included specific object research and involved multiple securities firms such as Zhongtai Securities and Morgan Stanley [1] - The meetings took place on August 21 and 22, 2024, in the company meeting room and online [1] - Key personnel included the Chairman and General Manager Li Hui, and the Secretary of the Board and Financial Officer Wu Chunsheng [1] Group 2: Financial Performance Insights - The company's gross profit margin fluctuated due to changes in product sales structure and variations in gross profit of certain products [1] - The transition from 6-inch to 8-inch silicon carbide equipment is ongoing, with new 6-inch equipment prices decreasing compared to previous levels [1] - The photovoltaic sector is currently facing low gross profit levels due to industry conditions, impacting the overall profitability of crystal growth equipment [1] Group 3: Industry Outlook and Challenges - The photovoltaic industry is undergoing consolidation, facing cash cost losses, which is unsustainable for operations [2] - A rebound in silicon material prices has been observed, with predictions indicating a potential industry recovery by the end of 2024 to early 2025 [2] - The company is preparing for opportunities in both existing and new markets through continuous product and solution upgrades [2] Group 4: Technological Advancements - Domestic silicon carbide substrate manufacturers have made significant progress in technology and cost, narrowing the gap with international leaders [2] - The company has developed a low-oxygen single crystal furnace for IGBT applications, which has been successfully accepted by clients [3] - Ongoing testing of silicon carbide cutting equipment shows that its technical indicators are approaching those of imported products [3]