英唐智控(300131) - 2025年12月11日投资者关系活动记录表

Group 1: Company Overview and Business Strategy - The company focuses on electronic component distribution and has built a global multi-regional network covering various categories including main chips, storage, RF, display drivers, power/analog devices, MEMS sensors, and passive components [2][3] - The company is increasing its investment in chip design and manufacturing, aiming to enhance its capabilities and performance in the semiconductor field [3][4] - Recent acquisitions of Guilin Guanglong Integrated and Shanghai Aojian Microelectronics are intended to strengthen the company's layout in optical communication chips and analog integrated circuits [2][4] Group 2: Research and Development - R&D expenses increased by 90.06% year-on-year, driven by investments in self-developed chips and the recruitment of top technical talent [5][6] - The company has successfully introduced its automotive display chip business to several leading screen manufacturers, with the first automotive-grade TDDI/DDIC entering mass production [5][6] - The MEMS micro-mirror product has entered the market, with a focus on automotive LiDAR and laser projection applications [5][9] Group 3: Market Potential and Product Development - The MEMS LBS (Laser Beam Steering) technology is not yet essential for basic vehicle operation but shows potential for enhancing user experience in high-end models [10] - The global annual production of new cars is approximately 90 million, indicating a broad market potential for MEMS LBS products [10] - The number of MEMS micro-mirrors is critical for determining the number of OCS (Optical Circuit Switching) channels, with higher channel counts requiring more mirrors [11] Group 4: Risks and Regulatory Considerations - The acquisition process involves regulatory approvals from the Shenzhen Stock Exchange and the China Securities Regulatory Commission, which may impact the transaction timeline [18] - There are risks associated with the transaction being suspended, interrupted, or canceled, necessitating careful investor decision-making [18]