SCC(SZ:002916)2024-09-04 13:46Financial Performance - In the first half of 2024, the company achieved total revenue of 1.2 billion yuan, representing a year-on-year growth of 108.32% [2] - The net profit attributable to shareholders reached 83.21 million yuan, an increase of 37.91% compared to the previous year [2] - The growth was driven by structural opportunities in the industry, increased market expansion efforts, and a significant rise in orders [2] PCB Business Overview - The PCB business focuses on high-end products, with applications primarily in communication equipment, 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 is a key growth area, with a focus on new energy and ADAS, leading to an increase in business share [3] Market Trends and Demand - The communication market showed varied demand, with wireless communication products not seeing significant improvement, while wired products, especially 400G and above, experienced growth [3] - The company is actively developing next-generation platform products in collaboration with downstream clients [3] Packaging Substrate Business - The packaging substrate business saw a notable increase in orders due to market demand recovery and the introduction of new products [4] - The company has achieved mass production capabilities for 16-layer and below FC-BGA products, with ongoing efforts to enhance technical capabilities [4] Operational Efficiency - The PCB factory's operating rate remained stable at a high level, while the packaging substrate factory experienced slight fluctuations due to demand changes [4] - The company is closely monitoring raw material price fluctuations, with no significant impact on operations in the first half of 2024 [4]