SBT(SH:688392)2024-05-23 07:36Group 1: Business Overview - The company focuses on ultrasonic technology applications in various sectors, including lithium batteries, semiconductors, and automotive wiring harnesses [3][4][6][9]. - The company has established a subsidiary in Germany, which serves as a research and development center and provides technical support for customers in Europe [6][8]. Group 2: Market Challenges and Strategies - The company faces challenges due to the slowdown in the expansion of the lithium battery sector, prompting the introduction of new products such as ultrasonic dust removal equipment and scanning acoustic microscopes [3][4][5]. - To address market pressures, the company is adjusting its sales strategies and optimizing product structures to enhance operational quality [6][9]. Group 3: Product Development and Innovation - The company is committed to technological innovation, focusing on the development of ultrasonic welding equipment for lithium battery applications, which addresses significant welding challenges [5][6][9]. - The company has launched various ultrasonic devices for semiconductor applications, including ultrasonic aluminum and copper wire bonding machines, which are critical for power semiconductor packaging processes [9][10]. Group 4: Competitive Landscape - In the lithium battery sector, the company competes with major players like CATL and BYD, maintaining strong partnerships with leading manufacturers [8][9]. - The semiconductor field is dominated by companies like K&S and Hesse, with the company actively working to expand its market share in this area [10]. Group 5: Future Outlook - The company anticipates significant market opportunities for its ultrasonic rolling welding machines if the technology is widely adopted in the industry [6]. - Future business plans include expanding overseas markets and enhancing product offerings in the semiconductor advanced packaging sector [8][9].