SBT(SH:688392)2024-05-17 07:36Company Overview - The company specializes in high-end applications of ultrasonic technology, focusing on research, design, production, and sales of ultrasonic welding and cutting equipment and accessories [3] - Its products are primarily used in sectors such as new energy vehicles (power batteries, automotive wiring harnesses, rubber tires), semiconductors, and medical aesthetics [3] - The company aims to maintain its leading position in the new energy battery sector while expanding investments in downstream applications like energy storage, automotive wiring harnesses, charging piles, semiconductors, and medical aesthetics [3] Semiconductor Sector - The company has launched various ultrasonic technology solutions, including wire bonding equipment and ultrasonic welding devices for IGBT terminals, and has established partnerships with notable clients such as SAIC Infineon and Zhenhua Technology [4] - Major competitors in the semiconductor field include K&S and ASM, with the company focusing on enhancing its core competitiveness through continuous R&D investment [4] Downstream Application Advantages - The company has developed core innovative technologies such as integrated wedge welding and ultrasonic metal welding quality monitoring, which have been well-received by downstream clients [5] - It possesses the capability to independently develop and produce core components of ultrasonic systems, establishing a strong competitive advantage in technology innovation and customer service [5] International Business Development - Currently, the company's revenue is primarily from domestic operations, with limited overseas income from ultrasonic cutting in the automotive tire sector [5] - A subsidiary has been established in Germany, with plans to expand overseas business in the new energy and semiconductor sectors [5] New Energy Battery Innovations - To meet the high-quality demands of leading clients in the lithium battery sector, the company has developed a welding monitoring system and ultrasonic dust removal equipment [6] - New product development is ongoing, including a nano-material ultrasonic dispersion machine to assist clients in exploring new application scenarios [6] Automotive Wiring Harness Applications - The company offers a range of ultrasonic welding equipment capable of handling wire harnesses with cross-sections exceeding 185 square millimeters, applicable in various welding scenarios [6] - Key clients in the automotive wiring harness sector include Tyco Electronics, BYD, and others, indicating a strong market presence [6] Ultrasonic Scanning Equipment - The ultrasonic scanning microscope (C-SAM/SAT) is widely used for detecting semiconductor wafers and chips, playing a crucial role in advanced packaging processes [7] - The company is also expanding the application of C-SAM/SAT products in lithium battery testing, continuously enhancing its product structure and operational quality [7]