SCC(SZ:002916)2024-11-16 09:56Group 1: Company Overview and Business Strategy - The company focuses on electronic assembly business as a downstream segment of PCB manufacturing, targeting communication, data centers, medical, and automotive electronics sectors [2][4] - The electronic assembly business aims to leverage interconnectivity, enhancing customer loyalty through a one-stop solution platform [2][4] Group 2: Customer Base and Market Expansion - The electronic assembly services are not limited to existing PCB clients, allowing for efficient collaboration and expansion in respective fields [2][4] - The PCB business is primarily centered on communication devices, with significant growth in data centers and automotive electronics, while the communication sector has seen a decline in revenue share [4] Group 3: Production Capacity and Future Plans - The company has factories in Shenzhen, Wuxi, Nantong, and plans for a project in Thailand, with ongoing upgrades to enhance production efficiency [4] - Nantong's fourth phase project is progressing, aimed at establishing a PCB technology platform with HDI capabilities [4] Group 4: Market Demand and Product Adjustments - In Q3 2024, the demand for packaging substrates has slowed, leading to adjustments in product structure according to market needs [4] - The factory utilization rates for PCB remained stable at high levels, while packaging substrate rates slightly decreased due to fluctuations in demand [4] Group 5: Compliance and Information Disclosure - The company adhered to information disclosure regulations during the investor relations activity, ensuring no significant undisclosed information was leaked [4]