SCC(SZ:002916)2024-01-24 11:54Group 1: PCB Business Overview - The company focuses on high-end PCB products, primarily serving communication equipment, data centers, automotive electronics, and industrial medical fields [2][3] - The communication market demand remained stable in the first three quarters of 2023, with no significant improvement noted [2] - The data center segment has contributed significantly to revenue, although overall demand remains under pressure due to global economic conditions [3] Group 2: Automotive Electronics Market - Automotive electronics is a key area for the company's PCB business, focusing on new energy and Advanced Driver Assistance Systems (ADAS) [3] - The company has increased its efforts in the automotive electronics market, with revenue growth observed in this segment during the first three quarters of 2023 [3] - The new factory in Nantong is progressing well, providing capacity support for order fulfillment in the automotive electronics sector [3] Group 3: Packaging Substrate Business - The company’s packaging substrate products cover a wide range, including module packaging substrates and storage packaging substrates, primarily used in mobile smart terminals and servers [3] - Orders for various packaging substrates have increased due to partial recovery in demand from the consumer electronics market [3] - The company is actively developing new projects and clients, particularly in the storage and RF module markets [3] Group 4: Technology Development and Certifications - The company has made progress in the technology development and client certification of FC-BGA packaging substrates, with mid-range products successfully certified [4] - High-end product development is advancing, with initial trial production capabilities established [4] Group 5: Future Expansion Plans - The company is planning to build a factory in Thailand for PCB manufacturing and sales, currently in the planning stage [4] - This initiative aims to expand overseas markets and meet international customer demands [4]