SCC(SZ:002916)2024-08-29 09:35Financial Performance - In the first half of 2024, the company achieved total revenue of 83.21 billion RMB, a year-on-year increase of 37.91% [2] - The net profit attributable to shareholders reached 9.87 billion RMB, benefiting from structural opportunities in the industry and increased order volume [2] - The company's operating capacity maintained a good level, with all three main business segments showing year-on-year revenue growth [2] Business Segments - The PCB business is focused on high-end products, with significant applications in data centers and automotive electronics [2] - In the data center sector, orders increased significantly due to rising demand for AI-related products and server upgrades [3] - The automotive electronics segment saw a steady increase in demand for high-end products related to smart driving, enhancing its market share [3] Market Trends - The communication PCB market experienced varied demand, with wireless communication products showing no significant improvement, while wired products for high-speed switches saw growth [3] - The company is actively developing next-generation platform products in response to market needs [3] Production Capacity and Expansion - The second phase of the Wuxi substrate factory achieved breakeven in monthly operations, while the Guangzhou packaging substrate project is in the early stages of ramping up production [4] - The company plans to invest 1.274 billion RMB in a new factory in Thailand to expand its overseas market presence [4] Raw Material Prices - Key raw materials such as copper foil and prepreg saw price fluctuations, but overall costs did not significantly impact the company's operations in the first half of 2024 [4]