Zhejiang Jiemei Electronic And Technology (SZ:002859)2023-10-25 10:14Group 1: Company Overview - Zhejiang Jiemai Electronic Technology Co., Ltd. is listed with stock code 002859 and bond code 128137 [1] - The investor relations activity took place on October 25, 2023, in Hangzhou, Zhejiang Province [2] Group 2: Financial Performance - In Q3 2023, the company achieved operating revenue of CNY 112,663.42 million, a year-on-year increase of 13.51% [3] - Operating profit reached CNY 19,397.90 million, up 15.74% compared to the previous year [3] - Total profit amounted to CNY 19,313.60 million, reflecting a 16.58% increase year-on-year [3] - Net profit was CNY 17,244.55 million, with a year-on-year growth of 15.13% [3] Group 3: Industry Insights - The electronic information industry is experiencing a recovery, driven by new smartphone releases from companies like Huawei and Apple [3] - Demand in downstream sectors is steadily increasing, contributing to the recovery of the industry [3] Group 4: Product and Production Updates - The company has stabilized bulk supply of MLCC release films to major clients, with ongoing validation and small-scale trials in progress [4] - The production project for optical-grade BOPET films is advancing, with self-manufactured release film products being promoted and validated [4] - The company has a production base in Malaysia, with plans to expand and establish a second base in the Philippines [4] Group 5: Investor Engagement - The company engaged in thorough communication with investors during the meeting, adhering to regulations to prevent the disclosure of undisclosed significant information [4]