Zhejiang Jiemei Electronic And Technology (SZ:002859)2025-11-28 09:16Company Overview - The company's vision is to become a one-stop service provider for electronic component packaging materials and processes, aiming to lead in electronic-grade film materials, electronic chemicals, and new energy-related materials [2]. - The company has developed a complete production technology for thin carrier tape, breaking the market monopoly held by foreign companies, and has achieved a leading global market share in paper carrier tape [2][3]. Product and Market Strategy - The company has established a comprehensive product line to meet the overall packaging service needs of electronic components, integrating core elements of the supply chain to reduce costs and improve profit margins [3]. - The company is expanding its product range into electronic-grade film materials, enhancing its competitiveness in the electronic component production process and new energy materials [2][4]. Competitive Advantages - Customer Base: The company has a strong overlap between its paper carrier tape customers and its release film customers, providing a solid foundation for new product testing and supply [4]. - First-Mover Advantage: The company is one of the earliest domestic producers of release films for MLCC applications, having established stable supply relationships with major clients [4]. - Technical Expertise: The company possesses extensive experience in precision coating technology and has introduced advanced production lines from Korea and Japan, enhancing its production capabilities [4][6]. Financial and Investment Insights - The company maintains a healthy debt ratio and has sufficient bank credit lines, planning to conduct refinancing in line with future expansion needs [5]. - The acquisition of Flexible Technology, a leader in composite current collectors, is aimed at enhancing the company's capabilities in ultra-thin BOPET film products and expanding its product range in the new energy materials sector [6][7]. Product Details - Flexible Technology specializes in polymer-metal composite film materials, which can replace traditional aluminum and copper foils in lithium-ion batteries, improving energy density and safety [7]. - The product offerings include composite aluminum foils, composite copper foils, and high-end ultra-thin copper foils, targeting various applications in consumer and power batteries [7]. Communication and Compliance - The company conducted a thorough communication session with investors, adhering to regulations to prevent the disclosure of any undisclosed significant information [8].