JSCQ(SH:688182)2024-11-07 09:37Financial Performance - In the first nine months of 2024, the company achieved operating revenue of 269 million CNY, an increase of 2.43% compared to the same period last year [2] - The net profit attributable to shareholders was 50.04 million CNY, reflecting a significant growth of 68.23% year-on-year [2] - The net profit after deducting non-recurring gains and losses was 31.10 million CNY, up 166.41% from the previous year [2] - As of the end of the third quarter, total assets reached 2.503 billion CNY, a growth of 6.48% year-on-year, while net assets attributable to shareholders were 2.168 billion CNY, increasing by 1.54% [2] Cash Flow - The net cash flow from operating activities was 114 million CNY, a remarkable increase of 387.56% compared to the same period last year [2] Market and Product Development - The company is actively involved in the 5G-A communication technology, with its ceramic medium filters applicable to 5G-A/5.5G networks [3] - The company is focusing on the development of high-end ceramic components, which face significant technical barriers due to the complexity of materials and production processes [4][5] - The company has established a complete automated production line for HTCC products, with capabilities for high-precision manufacturing [6] Future Plans - The company aims to create a leading research platform for electronic ceramic materials, focusing on the development of advanced ceramic materials for various applications [7][8] - Plans include expanding production capacity for ceramic RF components used in mobile communication base stations, responding to increasing market demand [8] - The company intends to broaden the application of electronic ceramics in sectors such as communication, automotive, and consumer electronics, aligning with the rapid advancements in semiconductor and AI technologies [9]