NATA OPTO-ELECT(SZ:300346)2023-09-21 09:48Group 1: Financial Performance - The gross profit margin of LED source products decreased in the first half of 2023 due to intensified industry competition and rising raw material costs, particularly for metals [2] - The company's market share in the LED source product market has exceeded 40% as of the first half of 2023, with a capacity utilization rate around 60% [3] Group 2: Product Development and Innovation - The company introduced 19 precursor products from DuPont in the second half of 2020, with 4 products currently being supplied, indicating a focus on silicon precursor as a significant growth point [3] - The company has successfully developed 6 silicon precursor products that have entered verification with international advanced process enterprises, with two products passing customer validation [3] Group 3: Strategic Acquisitions and Partnerships - The company plans to acquire a 16.5398% stake in Quanjiao Nanda Optical Materials Co., Ltd. through a combination of issuing shares and cash, aiming to enhance its core competitiveness in electronic specialty gases [4] - The acquisition is expected to improve the company's net profit attributable to shareholders and enhance its sustainable profitability [4] Group 4: Future Outlook and Risks - The company is currently working on a 100 tons/year hexafluorobutadiene production project, with a construction period of 40 months, and is progressing smoothly [3] - There is uncertainty regarding the approval of the acquisition by the shareholders' meeting and relevant regulatory bodies, which may affect the timeline for the transaction [5]