富创精密(688409) - 投资者关系活动记录表（2024年5月21日-2024年5月31日）

Group 1: Company Performance - In Q1 2024, the company achieved a revenue of 700 million yuan, representing a year-on-year increase of 105.47% and a quarter-on-quarter increase of 3.81% [3] - The net profit attributable to shareholders in Q1 2024 was 60 million yuan, showing a year-on-year growth of 53.42% and a quarter-on-quarter growth of 64.79% [3] - In 2023, the net profit attributable to shareholders was 169 million yuan, a decrease of 31.28% compared to 2022 [3] Group 2: Order Status and Market Strategy - The company currently has sufficient orders to support production for the next three months, with a strong order visibility for mature process products [2][3] - There is still room for new orders in advanced process products, as the company actively explores high-value-added products to increase revenue share [3] - The company plans to enhance its gross margin through improved bargaining power in the supply chain and lean management practices [4] Group 3: Cost Structure and R&D Investment - In 2023, the company's expenses were primarily driven by depreciation from the Nantong factory, labor costs from reserved personnel, and increased R&D investments [4] - The company anticipates that R&D expenses will continue to grow in 2024, although the proportion may decrease depending on circumstances [4] - The company is addressing low gross margins in module products through scale effects and management consulting support [4] Group 4: Capacity and Expansion Plans - The planned capacity for the Shenyang factory is 1.5-2 billion yuan, while the Nantong and Beijing factories are each planned for 2 billion yuan [4] - The company is expanding its overseas operations, with factories in Singapore and the U.S. progressing as planned, expected to start production in 2024 [5] - The company sees a recovery in overseas business driven by capital expenditures in storage, contributing to revenue growth [4][5] Group 5: Impact of Tariffs - The recent tariff measures are expected to have a minimal impact on the company, which plans to mitigate political risks through the establishment of factories in Singapore and the U.S. [5]