JOVE(300814)2024-09-03 10:57Group 1: Financial Performance - In the first half of 2024, the company achieved operating revenue of 664 million CNY, a year-on-year increase of 4.71% [2] - The net profit attributable to shareholders was 25 million CNY, reflecting a year-on-year growth of 8.27% [2] - In Q2 2024, the operating revenue reached 367 million CNY, marking a year-on-year increase of 14.36% and a quarter-on-quarter growth of 23.80% [2] - The net profit for Q2 was 14 million CNY, with a year-on-year increase of 56.98% and a quarter-on-quarter growth of 23.48% [2] Group 2: Market Expansion and Product Development - The company has actively expanded both domestic and international markets, focusing on new products and technologies such as embedded devices, packaging applications, optical modules, Miniled, high-frequency high-speed boards, and HDI [3] - Revenue from the new energy vehicle (NEV) three-electric business grew by 29.39% year-on-year [3] - Key clients in the three-electric business include major domestic companies like Weimais and BYD [3] Group 3: Client Relationships and Product Supply - The company supplies PCB products to BYD primarily in the automotive three-electric field and packaging substrate-related areas [3] - Collaborations with clients like Placo New Materials involve the development of embedded device products [3] - The company provides MEMS products to clients such as Ruisheng and Geer, and consumer electronics-related PCB products to Luxshare [3] Group 4: New Subsidiary and Product Applications - The newly established subsidiary in Thailand, 聚辰电子, will serve as an important production base for overseas clients and support existing domestic clients' overseas factories [3] - The product application areas for the Thailand subsidiary include communications, industrial control, automotive electronics, and consumer electronics [4] Group 5: Medical and Consumer Electronics Progress - In the medical electronics sector, the company's products are primarily focused on the POCT medical blood gas analysis market [4] - In consumer electronics, the company is actively developing new technologies and has established a certain sales scale in applications such as fast charging for mobile phones, Miniled, and smart home devices [4]