Leadyo(SH:688135)2024-01-12 09:26Group 1: Pricing Factors for Testing Services - The pricing of testing services is influenced by various factors including testing equipment, testing process, environmental requirements, and technical difficulty [2] - Different types of chips require different testing processes, such as electrical sampling, aging tests, and optical appearance inspections [2] - Cleanroom standards vary, with requirements for cleanliness levels (e.g., 1000-level, 100-level) and precise temperature control [2] Group 2: Automotive Electronics Testing - The company obtained automotive electronics certification in 2018 and has developed testing capabilities for BMS, TMPS, and smart cockpit chips [2] - Revenue contribution from automotive electronics is growing rapidly year by year [2] Group 3: Chip Production and Profitability - The company has been involved in testing solutions for Beidou-related chips since 2012 and completed the testing solution for the world's first Beidou short message chip in 2022 [3] - The company provides exclusive wafer-level testing services for this chip and anticipates significant market demand for satellite communication chips in mid-to-high-end smartphones [3] - The impact of testing services for these chips on the company's 2023 revenue is currently minimal, with uncertain future profitability [3] Group 4: Advanced Process Technology Layout - To meet the needs of high-end clients, the company established an advanced technology research institute in early 2019 [4] - The focus is on research and testing solutions for advanced integrated circuit processes, packaging, and applications [4] - The company completed the testing development and mass production of the world's first 3nm advanced process chip in 2022, highlighting the increasing demand for third-party professional testing [4]