ZYST(SZ:300936)2022-11-21 15:46Group 1: Company Overview - The company specializes in high-frequency copper-clad laminates, having established a strong presence in the domestic market since the 3G and 4G era, accumulating relevant technology, product processes, and quality customer resources [2] - The company focuses on deep exploration in the high-frequency copper-clad laminate field rather than competing in volume with other types of laminates like FR-4 [2] Group 2: Product and Market Insights - The company's military-related products have a small proportion, primarily focusing on base station antennas [3] - The rising prices of raw materials, such as copper, impact product costs; the company is actively expanding new products and optimizing cost structures to mitigate risks from material price fluctuations [3] Group 3: Business Operations - The company's overseas business accounts for a small proportion, with most production capacity concentrated domestically [3] - Local power restrictions have stabilized, and the company has adjusted its production capacity accordingly, ensuring that these policies have not significantly affected normal operations [3] - The fundraising projects are gradually ramping up, effectively alleviating the company's capacity constraints, with utilization rates expected to increase as business volume grows [3]