WUS(SZ:002463)2023-05-24 10:14Group 1: Automotive PCB Business - The company primarily supplies products to Tier 1 automotive electronics manufacturers and some directly to new energy vehicle brands [1] - The increasing application of electronic technology in automotive systems is driven by trends in electrification, intelligence, and connectivity, leading to a higher proportion of automotive electronics in manufacturing costs [1] - The company collaborates deeply with clients in areas such as new energy vehicle power systems, autonomous driving, smart cockpits, and vehicle networking, investing more resources in R&D and technology reliability assessments [1] Group 2: Corporate Communications Market - Concerns over sustainable demand in the corporate communications market have arisen due to global economic slowdown and inflation pressures, prompting clients to reduce previously high inventory levels [1] - The conservative trend in the corporate communications market is exacerbated by the ongoing interest rate hikes by the Federal Reserve, leading to weak new orders [1] - Despite uncertainties, investments in data center infrastructure by large cloud service and internet companies are expected to continue, driving demand for high-speed data center switches and related products [2] Group 3: Overseas Base Development - The company is accelerating the development of its production base in Thailand to address geopolitical supply chain risks, aiming for large-scale production by Q4 2024, ahead of the initial plan for H1 2025 [2] Group 4: Information Disclosure - The company adheres strictly to information disclosure regulations, ensuring the authenticity, accuracy, completeness, timeliness, and fairness of disclosed information, with no significant undisclosed information leaks [2]