Zhejiang Jiemei Electronic And Technology (SZ:002859)2022-11-21 15:34Company Overview - Zhejiang Jiemai Electronic Technology Co., Ltd. is listed under stock code 002859 and bond code 128137 [1] Investor Relations Activities - The investor relations activities included analyst meetings, performance briefings, and site visits, with participation from various investment firms [2][3] - The meetings took place at the Green Central Plaza, Hangzhou, from December 27 to December 29, 2021 [3][7] Business Performance and Market Position - The company aims to maintain a global market share of 60% to 70% in the paper carrier tape business, which is its core business [4] - The production capacity for adhesive tape is expected to increase from 220 million rolls to 420 million rolls, with a projected 30% increase in production next year [4] - The company has established a strategic partnership with Samsung, with over 50% market share in their products at Samsung's Tianjin facility [6][7] Industry Insights - The paper carrier tape industry has high entry barriers due to its long supply chain and high-value products, with significant technological advancements made by the company [4] - The demand for electronic information products is expected to grow, driven by the rise of consumer electronics, new energy vehicles, and 5G technology [4] Product Development and Future Plans - The company is focusing on developing high-end electronic consumables, including paper and plastic carrier tapes, release films, and CPP films [6] - The release film production capacity is currently 300 million square meters, with plans to increase to 600 million square meters by the end of next year [6][7] - The CPP film line is expected to be operational by the end of next year, targeting applications in consumer electronics and new energy vehicles [7] Strategic Goals - The company aims to become a leading enterprise in the electronic consumables sector, focusing on innovation and high product value [6] - Continuous R&D investment is planned to enhance product offerings and support the domestic substitution process in the electronic consumables market [6]