UniTTEC(SZ:000925)2023-06-20 10:21Group 1: Business Segments Overview - The company focuses on three main business segments: Smart Transportation, Semiconductor, and Industrial Digitalization [1] - In Smart Transportation, the core application is urban rail transit, utilizing automatic ticketing and signaling systems to enhance digitalization and intelligence in the transportation sector [1] - The Semiconductor segment aims to strengthen core silicon wafer production while expanding into key areas of the semiconductor supply chain, including chips and optoelectronic devices [1] Group 2: Future Development Plans - The company plans to enhance its financing platform through capitalization, which will support its valuation system and facilitate further expansion [2] - The production capacity for 8-inch silicon wafers is set to increase, with a new production base in Shanxi expected to start operations by the end of this year and reach full capacity by Q4 next year [2] - Strategic cooperation has been established with the Pujiang Economic Development Zone to invest in semiconductor polishing wafer production lines [2] Group 3: Market Trends and Projections - The urban rail transit industry is projected to grow steadily, with total investment expected to increase by 44.63% in 2024 compared to 2023, and total mileage expanding by 72.34% [2] - Approximately 30 lines are anticipated to require renovation over the next five years, creating a market for orders comparable to new line construction [2] - The company has successfully secured three renovation projects since the market began to release in 2019 [3] Group 4: Financial Performance and Market Position - The company has maintained good order collection rates, unaffected by local fiscal downturns, focusing on first-tier provincial capitals and economically robust second- and third-tier cities [3] - The company expects to gradually emerge from the semiconductor industry's downturn by Q4 this year to Q1 next year [2]