生益电子(688183) - 生益电子投资者关系活动记录

Financial Performance - In 2023, the total revenue was CNY 3,273.01 million, a decrease of CNY 261.68 million compared to 2022's CNY 3,534.68 million [3] - The net profit attributable to the parent company was a loss of CNY 24.99 million, down from a profit of CNY 312.91 million in 2022, representing a decrease of CNY 337.90 million [3] Market Conditions - The global PCB market in the communications sector faced a decline in demand and increased competition, leading to a significant drop in product prices [4] - The RAN market peaked in 2021 and is expected to decline in 2023 and 2024, although the rate of decline is anticipated to slow down in 2024 [4] - The global AI server market is projected to reach USD 24.764 billion in 2023, with a year-on-year growth rate of 15.5% [4] Product Development - The company is focusing on high-end products in the communications sector, including 5.5G, 6G, satellite communications, and 800G switches, with mass production expected in 2024 [4] - In the server market, the company has developed AI-compatible motherboards and accelerator cards, which are now in mass production [4] - The automotive electronics sector is experiencing growth, with the global sales of new energy vehicles expected to exceed 15 million units in 2023 and 18 million units in 2024 [5] Strategic Initiatives - The company plans to enhance its market presence and implement cost-reduction measures to improve competitiveness [4] - The East City Phase IV project is progressing as planned, with production expected to increase and product structure optimization in 2024 [6] - The company is also establishing a new production base in Thailand, which has completed several preliminary steps [6] Raw Material Management - The prices of key raw materials, such as copper-clad laminates, have decreased compared to the previous year, alleviating some cost pressures [6] - The company will continue to monitor raw material prices and adjust supply strategies accordingly [6] Share Buyback Plan - The company plans to repurchase shares with a total fund amounting to no less than CNY 80 million and not exceeding CNY 150 million, with a maximum repurchase price of CNY 13.13 per share [6]