Kunshan Dongwei Technology (SH:688700)2023-11-29 10:42Group 1: Market Outlook and Product Development - The company is optimistic about the future of composite current collectors, emphasizing their advantages such as safety, weight reduction, and cost efficiency, which can be applied in various battery industries [2] - The company has initiated GDR financing primarily to expand production capacity for composite current collector equipment [2] - The company has developed a patented technology for double-sided water electroplating equipment, establishing significant technical barriers and competitive advantages [2] Group 2: Equipment and Production Efficiency - The company plans to integrate the sales strategy of vacuum magnetron equipment and water electroplating equipment, including the development of evaporation equipment for positive electrode materials [3] - The thickness of the magnetron base layer significantly affects the speed of the water electroplating process, with optimal thickness allowing for higher current capacity [3] - The company believes that increasing the length of equipment will have a more substantial impact on production capacity than increasing the width [3] Group 3: International Expansion and Future Plans - The company's investment in Thailand is part of its strategy to establish an overseas platform, with the Thai facility responsible for equipment installation and manufacturing [4] - The company is currently in the process of applying for necessary qualifications and licenses for the Thai operation, with updates to be announced in the future [4] - The third-generation photovoltaic copper plating equipment is still in the commissioning phase, and specific production cost data is not yet available [4]