天承科技(688603) - 投资者关系活动记录表(2023年11月20日)

Group 1: Company Overview - The company is Guangdong Tiancheng Technology Co., Ltd., with stock code 688603 and abbreviation Tiancheng Technology [1]. Group 2: Investor Relations Activities - The investor relations activity included a specific object survey, media interviews, and a performance briefing held on November 20, 2023, from 16:00 to 17:00 [2]. - The meeting was attended by investors and hosted at the Shanghai Stock Exchange Roadshow Center [2]. Group 3: Key Insights from the Chairman's Speech - The chairman, Tong Maojun, highlighted that the second phase of the Shanghai factory focuses on R&D, production, and sales of functional electronic chemicals related to semiconductors [2]. - The company aims to actively collaborate with domestic packaging and testing factories to achieve domestic substitution [2]. Group 4: Market Position and Strategy - The current market value of specialized electronic chemicals for PCB in mainland China is approximately 14 billion CNY, with the company's market share still relatively small [3]. - The company's future target market share is set at 15-20% [3]. Group 5: Product Differentiation - The main differences between electronic chemicals used in advanced packaging and PCB lie in product purity and performance requirements after electroplating [3]. - The company faces challenges in replacing Amtech in high-end PCB production lines, primarily due to long verification cycles from OEM factories and international factors [3]. Group 6: Product Development and Client Engagement - The company has made progress in products for class substrates and semiconductor test boards, with existing clients already using their products [3]. - The company is promoting products related to RDL wiring layers and has low market share in the FPC sector, with ongoing efforts to enhance its product offerings in this area [3]. Group 7: Shareholder Information - The latest number of shareholders is approximately 7,700 [3].