Group 1: Investor Relations Activity - The company held an annual performance briefing on May 16, 2025, via the "Value Online" platform [3] - Key attendees included the Chairman, General Manager, Board Secretary, and Financial Director [3] Group 2: Business Strategy and Market Expansion - The company plans to expand into new application areas while optimizing its organizational structure to support core and emerging business [5] - In 2025, the company aims to focus on high-end application scenarios, targeting four growth areas: semiconductor packaging, photovoltaic component sealing, and electric vehicles [5] - The company is diversifying its product matrix to include various types of dispensing valves, catering to different fluid control needs [5] Group 3: Revenue Structure and Client Base - In 2024, sales to Apple and its EMS manufacturers accounted for less than 80% of total revenue, indicating reduced reliance on the Apple supply chain [6] - The company is actively pursuing high-end markets outside the Apple ecosystem, particularly in electric vehicles, photovoltaics, and semiconductors [6] Group 4: Industry Outlook - The global dispensing machine market is projected to reach $10.68 billion by 2028, with China's precision fluid control equipment market expected to reach ¥49.06 billion by 2025 [7] - The consumer electronics sector is experiencing a decline in some products, but the wearable device market is growing rapidly [8] - The electric vehicle market is anticipated to reach a penetration rate of 30% in China by 2025, with sales expected to hit 11.5 million units [8] Group 5: Market Management and Shareholder Communication - The company is committed to market value management and will comply with regulations regarding shareholding changes [9] - The controlling shareholder's stock is currently under lock-up, and any future reductions will be disclosed in accordance with legal requirements [9] Group 6: Technical Capabilities and Product Development - The company has established applications in semiconductor packaging but faces uncertainty regarding the timeline for achieving large-scale sales [10] - The precision of dispensing technology is crucial in semiconductor packaging, with advancements in non-contact dispensing methods enhancing operational efficiency [10]
卓兆点胶(873726) - 投资者关系活动记录表