Novosense(SH:688052)2024-09-27 08:56Group 1: Company Overview - Suzhou Naxin Microelectronics Co., Ltd. focuses on automotive electronics, general energy, and consumer electronics markets [1] - The company has established branches in Germany, Japan, and South Korea, with localized sales teams [4] Group 2: Market Trends - The automotive electronics market continues to grow, driven by increasing production and sales in the Chinese automotive market, as well as rising penetration rates of new energy vehicles [1][2] - The general energy market shows signs of recovery, particularly in industrial control and power supply sectors, with demand returning to normal levels [2] - The consumer electronics market has also returned to a normal demand state, indicating a healthy growth trajectory [2] Group 3: Revenue Breakdown - In the first half of 2024, revenue distribution was approximately 34% from automotive electronics, 14% from consumer electronics, and 52% from the general energy sector [3] Group 4: Product Development - The company has a comprehensive product layout in automotive intelligence, including sensors, power management, and signal chain products, applicable in smart cockpits, autonomous driving, and vehicle control systems [3]