3PEAK(SH:688536)2024-11-07 10:34Group 1: Company Overview and Performance - The company, Si Rui Pu Microelectronics Technology (Suzhou) Co., Ltd., is listed under stock code 688536 and has conducted an investor relations activity from November 5 to November 7, 2024 [1]. - The event included participation from 28 institutions, such as Jiashi Fund and Penghua Fund, along with online investors [1]. Group 2: Cost Optimization and Supply Chain - The company indicated that the wafer prices from major foundries have returned to market levels, suggesting potential for cost improvements in the short term [1]. - The establishment of a dual-circulation supply chain system is underway, with expectations for enhanced capacity structure and product cost improvements as state-owned capacity increases and the 12-inch proprietary process platform is completed [1]. Group 3: Market Demand and Sales Performance - The wireless communication sector is stabilizing as the 5G construction phase concludes, with demand gradually recovering as client inventories are digested [2]. - The automotive market has shown good growth in Q3 2024, with plans to expand product categories and market share through the introduction of various signal chain and power management products [2]. Group 4: Pricing Strategy and Profitability - Since Q2, the average selling price and gross margin of the company's products have increased for two consecutive quarters [2]. - The company aims to maintain and improve product pricing and gross margin through flexible pricing strategies based on market competition and customer demand [2]. Group 5: International Expansion - The company is making steady progress in building teams, expanding customer bases, and developing channels for its overseas business [2].