Tatfook Technology(SZ:300134)2022-12-07 08:11Group 1: Company Overview and Strategic Goals - Daling Industrial aims to become the global leader in the mid-to-low-end smartphone camera module market, targeting a standardization of products through its innovative PCBless technology [1] - The PCBless model is expected to reduce material costs and enhance production efficiency, thereby increasing profitability for Daling Industrial and its clients [1] - Daling Industrial is focusing on expanding its market share in the 800W pixel and below segment, with potential clients including Transsion, HeMiao, and others [1] Group 2: Growth Opportunities in Automotive Sector - Daling Industrial identifies automotive cameras and multimedia centers as new growth points, with a projected 165% growth in the global ADAS market over the next five years [4] - The company has already begun supplying automotive cameras to BYD and is set to start deliveries for other manufacturers [4] - Daling plans to enhance its product offerings in high-end smartphone cameras, including dual cameras and optical image stabilization technologies, to meet market demands [4] Group 3: Challenges and Future Prospects for Huayang Microelectronics - Huayang Microelectronics experienced a revenue decline in 2014 due to external economic factors affecting foreign clients, particularly in the gaming sector [4] - The company is actively expanding its toy label market, leveraging its established reputation and partnerships with major game developers like Blizzard and Nintendo [4] - Future growth is anticipated as the U.S. gaming market recovers, potentially restoring sales levels for Huayang's toy labels [5] Group 4: Financial Developments - Huayang Microelectronics completed a capital increase, with a valuation of 600 million RMB, bringing in 10 million RMB from strategic investors [6] - Following the capital increase, Dafu Technology's shareholding in Huayang Microelectronics is adjusted to 48.675% [6]