英唐智控(300131) - 英唐智控调研活动信息

Group 1: Business Overview - The company specializes in electronic component distribution, semiconductor components, integrated circuits, and software development, with a focus on various industries including PC, mobile, home appliances, and automotive [1][2]. - The company has been in the electronic distribution field for nearly 30 years and has established a leading position due to its extensive product line and industry scale [2]. - The company has implemented a major customer strategy since 2017, covering all top 10 clients in various sectors, which has strengthened customer loyalty and adaptability to market changes [2]. Group 2: Financial Performance - The distribution gross margin has improved compared to the previous year, supported by the continuous development of the new energy sector [2]. - The sales revenue in the automotive electronics and electronic materials segments has significantly increased compared to the same period last year [2]. Group 3: Research and Development - As of August, the proportion of R&D personnel is 23%, expected to exceed 25% by year-end, with multiple patents obtained [2]. - The company’s subsidiary, Yingtang Micro Technology, focuses on the R&D and production of analog and digital IC products, particularly in the MEMS mirror field [2]. Group 4: Future Outlook - The company aims to develop its semiconductor production capabilities, particularly in automotive electronics, with a focus on new energy vehicles [3]. - The chip usage per vehicle is currently between 2,000 to 3,000, and it is expected to increase significantly by 2028 due to the rise of electric, intelligent, and connected vehicles [3]. - The company plans to establish a full industrial chain semiconductor IDM group, integrating electronic component distribution with semiconductor design and manufacturing [3]. Group 5: Strategic Initiatives - The establishment of Yingtang Aurora Micro is aimed at efficiently promoting MEMS mirror projects and attracting partners in laser radar, laser projection, and AR/VR industries [5]. - The company holds a 55% stake in Yingtang Micro Technology, which has a strong technical foundation in semiconductor R&D [4]. Group 6: Market Integration - The company is actively integrating its Japanese subsidiary, Yingtang Micro Technology, to enhance management and technical capabilities [4]. - The company is in discussions with various domestic clients for MEMS mirror applications in automotive laser radar and projection fields, aiming for swift product validation and market entry [4].