CCTC(SZ:300408)2023-05-17 07:20Group 1: Financial Performance - The company's Q1 performance declined year-on-year due to complex international situations and a slowdown in overall demand in the electronics industry [2] - As of March 31, 2023, the number of shareholders was 28,433 [4] - In 2022, the company's R&D investment amounted to 452 million CNY, accounting for 8.04% of operating revenue [5] Group 2: Strategic Goals and Innovations - The company aims to enhance product competitiveness and market share through large-scale technological innovation and expansion [5] - The company has achieved significant progress in the R&D of high-capacity, small-sized MLCCs and has received national manufacturing awards for its ceramic core products [3] - The company plans to continue developing electronic components, semiconductor parts, and communication components to meet market demands [5] Group 3: Project Developments - The 210kW high-temperature fuel cell power generation system has passed acceptance tests, marking a significant milestone in SOFC development [3] - The company’s projects for 5G communication MLCC and ceramic blades have been completed and are in production [5] - The expected operational date for the high-capacity multilayer ceramic capacitor expansion project has been postponed to May 10, 2025 [4] Group 4: Market Outlook - The demand for MLCCs is expected to increase with the rapid development of 5G, smartphones, IoT, and the automotive industry [5] - The company is closely monitoring market supply and demand to determine the timing of the MLCC market recovery [5]