JT(SZ:300400)2023-11-24 09:46Company Overview - Jintuo Co., Ltd. (Stock Code: 300400) was established in 2004 and listed on the Shenzhen Stock Exchange in 2014. The company operates two self-built industrial parks with a total construction area of approximately 100,000 square meters [2]. - The main business includes specialized equipment, categorized into three types: electronic assembly equipment, semiconductor specialized equipment, and optoelectronic display equipment [2]. Business Performance - In the first three quarters of 2023, the company achieved total revenue of CNY 556.79 million, a year-on-year increase of 0.41%. The net profit attributable to shareholders was CNY 38.57 million, with a net cash flow from operating activities of CNY 63.29 million [3]. - The semiconductor specialized equipment segment has become a strategic focus since 2022, with significant technological breakthroughs and over 20 customers served, including major domestic manufacturers [3][4]. Product Categories - The company’s semiconductor specialized equipment includes packaging furnaces, wafer bumping welding equipment, vacuum acid welding equipment, and nitrogen ovens, primarily used in the chip packaging process [3]. - The electronic assembly equipment is utilized in various sectors, including communication electronics, consumer electronics, white goods, automotive electronics, and aerospace electronics [4]. - The optoelectronic display equipment covers applications in AMOLED flexible screens, curved screens, foldable screens, automotive displays, and wearable devices [3]. Market Outlook - The consumer electronics industry is showing signs of recovery, positively impacting the electronic assembly business. The automotive electronics sector is also experiencing growth due to the demand for new energy vehicles [4]. - The company plans to enhance its product offerings in semiconductor specialized equipment and electronic assembly equipment, focusing on innovation and performance improvement to maintain its competitive edge [4]. Future Strategies - The company aims to expand its customer base and revenue scale by promoting its semiconductor specialized equipment in various manufacturing fields, including IGBT and IC substrates [3]. - Continuous investment in R&D is planned to tackle technical barriers in semiconductor equipment and improve the performance of electronic assembly and optoelectronic display equipment [4].