KFMI(SZ:300666)2023-04-18 07:14Group 1: Company Performance - The company's global market share for sputtering targets has shown an upward trend in recent years, with a sales revenue of 1.611 billion CNY in 2022, representing a growth of 36.40% [3] - The sales volume of sputtering targets reached 112,600 sets in 2022, with a growth rate of 9.94%, indicating a slower increase compared to other segments [3] - The company has established a stable supply chain for raw materials, including high-purity aluminum, titanium, tantalum, and copper, with some materials already replaced by domestic sources [4] Group 2: Market Challenges and Strategies - The global macroeconomic environment in 2022 was complex, affecting the integrated circuit industry due to multiple overlapping factors, leading to a structural and diverse market supply-demand relationship [3] - The company has built long-term strategic partnerships with key suppliers to ensure a reliable supply chain, mitigating risks from external factors such as Japan's export controls [4] - The company is currently not planning to inject its upstream high-purity materials companies into the listed entity, focusing instead on its core business of ultra-high-purity metal sputtering targets and semiconductor precision components [3] Group 3: Future Outlook - The company is optimistic about the demand for high-purity sputtering targets from domestic leading enterprises, anticipating improvements in the current year [3] - The semiconductor materials subsidiary, Ningbo Jiangfeng Tongxin, commenced operations on February 18, 2023, and is currently performing normally [4]