Yunnan Germanium(SZ:002428)2022-12-04 09:14Group 1: Company Operations and Products - The design capacity for gallium arsenide single wafers is 800,000 pieces per year (equivalent to 4 inches) [3] - The company’s indium phosphide project has been completed and is currently in trial production, supplying small batches to customers [3] - The company’s optical fiber-grade germanium product sales volume has decreased compared to last year due to slower progress in downstream industries [3] Group 2: Market Conditions and Pricing - The price of gallium arsenide varies significantly based on size and application, and specific pricing details cannot be disclosed due to business confidentiality [3] - The decline in germanium prices is attributed to concentrated supply and demand in the industry, which is sensitive to macroeconomic pressures [4] Group 3: Strategic Directions and Acquisitions - The company aims to enhance its resource reserves through integration and acquisitions while focusing on developing deep-processing products in the downstream sector [4] - The acquisition of 90% of Yunnan Bait Technology Co., Ltd. is intended to support the company’s existing infrared industry foundation and expand into intelligent building engineering [4] Group 4: Financial and Shareholder Matters - The second largest shareholder's reduction in holdings is due to personal funding needs, and any future reduction plans will be publicly disclosed [4] - Currently, there are no specific merger and acquisition plans, but any related matters will be disclosed as per regulations [5]