MINDEO(SZ:300656)2024-05-30 09:32Group 1: Company Projects and Production Capacity - The wafer foundry project, Guangxin Microelectronics, has been in mass production since the end of 2023, with a current capacity of 30,000 wafers per month expected by the end of this year [1] - Guangxin Microelectronics has received over 11,000 pieces of orders for MOSFET products and 20,000 pieces for high-voltage DMOS products [1] - The company has passed the second phase of ISO9001 and IATF16949 automotive quality management system certification in May 2024 [1] Group 2: Investment and Financial Strategy - The company employs a continuous rolling investment strategy in the power semiconductor production segment, ensuring cash flow stability before making new investments [2] - Future funding for companies like Jingrui Electronics and Xinweitai will be sourced through market-based equity financing, while MinDe Electronics may transfer some old shares in future rounds to recover part of its investment [2] - The company does not anticipate significant equity investment projects in the power semiconductor sector in the coming years, focusing instead on enhancing its smart IDM ecosystem [2] Group 3: Market Outlook and Performance - The power semiconductor market is showing signs of recovery after two years of inventory digestion, with increased demand and rising prices for certain products like MOSFETs [2] - Jingrui Electronics achieved a record high output value since its inception last month, indicating a positive market trend [2] - The company's AiDC business, which focuses on barcode recognition in the IVD sector, has seen a 13% revenue growth year-on-year, with overseas sales accounting for 60% of the barcode business [2]