Zhejiang Jiemei Electronic And Technology (SZ:002859)2022-11-21 05:34Group 1: Company Overview - The company is Zhejiang Jiemai Electronic Technology Co., Ltd., with stock code 002859 and bond code 128137 [1] - The investor relations activities took place on February 24 and 25, 2022, in Hangzhou [2][5] Group 2: Production Capacity and Expansion Plans - The company plans to enhance its paper carrier production line from 20,000 tons/year to 28,800 tons/year, aiming for a total production capacity of 91,200 tons/year [2] - New production lines are expected to be operational by August 2022, adding 28,800 tons/year to the capacity [2] - The plastic carrier production is set to grow by 40% in 2022, with 15 new lines planned [3] - The company aims to produce over 10 million IC trays in 2022, targeting a market space comparable to plastic carriers [3] Group 3: Competitive Advantages - The company has a leading global market share in paper carriers, having completed the domestic substitution process [3] - Established strong customer relationships that overlap with new product lines, facilitating sample testing and bulk supply [3] - The company has invested in high-end production lines for release films, enhancing its competitive edge [4] Group 4: Strategic Partnerships - The company has been a strategic supplier to Samsung for 8 years, with over 50% market share in certain products at Samsung's Tianjin facility [4] - A strategic cooperation agreement was signed with Samsung in December 2021, prioritizing the use of the company's full product range [4] Group 5: Future Development Strategy - The company aims to become a leading enterprise in the electronic consumables sector, focusing on innovation and high product value [4] - Plans to develop a comprehensive range of products including paper carriers, plastic carriers, release films, and CPP films [4] - The company is committed to advancing its technology platforms to support the domestic substitution process in electronic consumables [4]