JSCQ(SH:688182)2023-09-28 08:16Group 1: Company Overview - Jiangsu Canqin Technology Co., Ltd. specializes in the research, production, and sales of advanced electronic ceramic components, including filters, resonators, and antennas, with applications in mobile communication, radar, and aerospace [3][4]. - The company has a strong focus on HTCC (High-Temperature Co-fired Ceramic) products, which are used in fields such as new energy, IGBT thermal management, and semiconductor packaging [3][4]. Group 2: Market Demand and Trends - The demand for HTCC electronic ceramic products is expected to increase significantly due to the growth of 5G applications and the Internet of Things (IoT), which require high-performance, miniaturized components [4][5]. - As of June 30, 2023, there were approximately 2.312 million 5G base stations in China, with plans to exceed 2.9 million by the end of 2023, indicating a robust market for related components [7][8]. Group 3: Competitive Landscape - Domestic manufacturers are beginning to recognize the importance of HTCC technology, but there is still a significant gap compared to international competitors due to late market entry and slower technological accumulation [4][5]. - The company has established itself as a key supplier of ceramic RF components for major communication equipment manufacturers, positioning itself to meet the growing market demand [10][11]. Group 4: Future Development Plans - The company aims to create a leading R&D platform for electronic ceramic materials, focusing on developing advanced ceramics for various applications, including HTCC and LTCC ceramics [9][10]. - Plans include expanding production capacity, improving manufacturing processes, and establishing an electronic ceramic research institute to enhance its market position in mobile communication and other sectors [10][11].