Kewell(SH:688551)2023-12-22 10:06Group 1: Market Insights - The demand and order progress from downstream clients in the new energy sector have improved compared to Q3, although some orders may not be fulfilled within the year [2] - In the photovoltaic sector, the company's large power testing power supply orders are primarily driven by laboratory applications, with a steady growth in orders throughout the year [2] Group 2: Hydrogen Energy Developments - The company has secured orders for alkaline electrolyzer testing solutions, with overseas market demand being monitored but not yet materialized [2][4] - The electrolyzer testing equipment primarily conducts four types of tests: polarization curve testing, sensitivity testing, steady-state condition testing, and dynamic condition testing [4] Group 3: Semiconductor Sector Engagement - The company is actively promoting product trials and validations with domestic semiconductor manufacturers, including major clients like CRRC Times Electric, China Resources Microelectronics, and SMIC [4] Group 4: Future Outlook - The company has not provided specific guidance for next year's targets but remains optimistic about long-term growth, focusing on product iteration and expansion in power supply, hydrogen energy, and semiconductor sectors [4] - The strategy includes enhancing existing business while expanding business scale to achieve further growth [4]