GOLDEN SUN(SZ:300606)2025-05-15 10:32Financial Performance - In Q1 2025, the company achieved a revenue of 120 million CNY, a year-on-year increase of 27.62% [2] - The net profit attributable to shareholders was 9.4473 million CNY, reflecting a growth of 65.26% compared to the previous year [2] - Core business segments showed strong growth, indicating resilience in high-quality development [2] Product Development - Sales of new polishing materials in the 3C sector increased by 12.90%, accounting for 16.51% of total revenue [2] - The company has successfully validated and commenced mass production of new foam pyramid structure polishing products for the automotive sector [2] - The company has established a strong partnership with BYD Group, a leading player in the new energy vehicle market, for polishing consumables [3] Competitive Positioning - The company’s subsidiary, Linghang Electronics, aims to break the monopoly of foreign manufacturers in high-end semiconductor materials [3] - Linghang Electronics has over 20 years of industry experience and has successfully applied multiple products in globally recognized chip manufacturers [3] - The domestic production capacity of Linghang Electronics is currently at 10,000 tons per year, with several CMP polishing liquid products already on the market [4] Technological Advancements - The company has developed a comprehensive process technology system for titanium alloy folding screen hinge covers, achieving mass production in 2023 [5] - Ongoing research and development in various forming techniques, including metal injection molding (MIM), to enhance product offerings [5] - The company maintains flexibility in its equipment and production capacity to adapt to new product developments based on market demands [6] Strategic Goals - In 2025, the company aims to accelerate the promotion and mass production in the 3C consumer electronics and semiconductor markets [8] - Focus on breakthroughs in new polishing consumables, high-end abrasive materials, and five-axis linkage machine tool development [8] - Commitment to providing integrated solutions throughout the entire process to enhance market competitiveness and ensure profitability [8]