Yunnan Germanium(SZ:002428)2022-12-06 08:20Group 1: Financial Performance - The company expects a loss this year primarily due to a decrease in product sales prices and high raw material costs, leading to a significant increase in unit production costs [2] - Increased period expenses and asset impairment losses contributed to the expected loss [2] - Government subsidies related to revenue received this period decreased compared to the same period last year [3] Group 2: Raw Material Procurement - The company procures raw materials externally to reduce the consumption of its own resources and maintain resource advantages for sustainable development [3] - A wholly-owned subsidiary, Yunnan Dongchang Metal Processing Co., Ltd., procures raw materials for production to supply customers [3] Group 3: Production Plans and Clients - The planned production of zone-refined germanium ingots for 2016 is 20 tons, with actual production details to be disclosed in the annual report [3] - Solar germanium single crystal chips are primarily exported, with major clients located in Europe [3] - The production of germanium tetrachloride for optical fibers is managed by the subsidiary Wuhan Yunjingfei, with last year's production at approximately 12 tons [3] Group 4: Military Certification and Market Trends - The company is progressing with military certifications, having completed several key certifications, but the impact on performance remains uncertain [4] - The price of germanium has been declining since the second half of last year and has remained at a low level for some time [4] Group 5: Future Development Directions - The company aims to strengthen downstream deep processing product development while extending the industrial chain through new product sales [4] - If the company decides to develop other products, it will focus on areas similar to current products, such as new materials [4]