AMD(SZ:002623)2022-11-17 15:14Group 1: Company Overview and Strategy - The company focuses on thin glass technology innovation and business expansion, aiming to differentiate itself from competitors [1] - The company plans to achieve a minimum shipment target of 120 million square meters for the year, striving for 150 million square meters, with 70% of shipments being ≤2.0mm photovoltaic glass and 30% traditional photovoltaic glass [3] - The company aims to enhance its core competitiveness by continuously selecting new products [3] Group 2: Production Capacity and Development Plans - Four new 1000 tons/day melting furnaces have been approved and are set to be built in two phases, with the first two expected to be operational by the end of 2023 and the remaining two by the end of 2024 or mid-2025, resulting in a total capacity of approximately 300-350 million square meters [3] - The company is committed to upgrading core technologies and improving industrial layout to provide one-stop solutions, targeting a dual main business strategy of "photovoltaic + optoelectronics" [4] Group 3: Cost Reduction and Efficiency Improvement - The company has secured quartz sand tailings resources locally, ensuring supply for three furnaces over the next three years, which will help lower raw material costs [3] - The company is also collaborating with a joint venture to acquire mining rights for quartz rock, further reducing procurement costs [4] - Efforts are being made to enhance production efficiency and yield rates to lower overall production costs [4]