SBT(SH:688392)2024-05-28 07:34Financial Performance - The net profit for Q1 2024 decreased significantly compared to the same period last year, primarily due to the slowdown in capacity expansion in the lithium battery sector and a substantial increase in R&D investment [3] - The company is committed to a platform-based development strategy, actively adjusting sales strategies and optimizing product structure to expand market share in the harness connector and semiconductor fields [3] Equipment and Technology - The company's rolling welding equipment utilizes composite conductive materials to replace traditional copper and aluminum foils, addressing welding issues between these materials [3] - The delivery cycle for ultrasonic welding equipment for power batteries is approximately 3 to 6 months [4] Semiconductor Sector - The company has launched several ultrasonic application solutions in the semiconductor field, including ultrasonic aluminum wire bonders and ultrasonic copper wire bonders, which are critical for power semiconductor packaging processes [4] Automotive Wiring Harness - The company offers a range of ultrasonic welding equipment for automotive wiring harnesses, capable of welding large diameter copper and aluminum harnesses over 185 square millimeters [5] - The ultrasonic welding technology is particularly suitable for high conductivity applications, with notable clients including Tyco Electronics, Aptiv, Amphenol, BYD, and others [5] Lithium Battery Innovations - To meet the high-quality demands of leading clients in the lithium battery sector, the company has developed a welding monitoring system and ultrasonic dust removal equipment, and is advancing the research of new products like nano-material ultrasonic dispersion machines [6]