Hefei Chipmore Technology (SH:688352)2023-11-27 09:01Group 1: Client and Market Trends - The main clients for AMOLED technology include companies such as Lianying, Ruiding, Qijing, Yunyinggu, Yuchuang, and Shengxian Micro, as well as OmniVision Touch and Display, and Jichuang Beifang [1] - The trend of the DDIC supply chain is shifting from Taiwan to mainland China, with the pace of transfer depending on the completeness of the mainland supply chain [1] - Domestic IC design companies are expanding, and companies like Lianying and Qijing are transferring their foundry capacity to mainland China, indicating that this trend will continue in the coming years [1] Group 2: Corporate Governance and Financial Management - Qibang Technology, as an indirect shareholder, has not participated in the daily management of the company since 2011, and the company operates independently from Qibang in terms of assets, personnel, business, finance, and organization [2] - The company is addressing price pressures in non-display power management chips by optimizing its product mix and enhancing its technical capabilities to remain competitive [2] Group 3: Future Development and Strategic Focus - The development and outlook for non-display business focus on optimizing product structure and profit growth, with a strong emphasis on the packaging and testing of non-display chips [2] - The company aims to leverage the rapid development of IC design enterprises in mainland China, focusing on advanced packaging and testing for power management and RF front-end chips [2] - There is ongoing research and development in 12-inch wafer metal bump technology and the manufacturing of bumps using second and third-generation semiconductor materials, which will enhance production capacity and reduce costs [2] Group 4: Compliance and Information Disclosure - The company strictly adheres to relevant regulations during communication and does not disclose any undisclosed significant information [2]