Company Overview - Founded in 1998, the company specializes in semiconductor chip marking and has focused on R&D, production, and sales of equipment for the semiconductor packaging and testing sector [1] - The product line includes semiconductor automated testing systems, laser marking equipment, and other mechatronic devices, along with corresponding accessories and maintenance services [1] Market Presence - The company has established promotional and service networks in key markets such as Foshan, Shanghai, Chengdu, Wuxi, Suzhou, and Malaysia, covering regions like South China, East China, Northwest, and Southeast Asia [2] - The customer base has shifted from primarily semiconductor packaging manufacturers to power semiconductor manufacturers under the IDM model [2] Financial Performance - In 2023, the company experienced a slight decline in overall product gross margin by 3.54 percentage points due to pricing pressures and rising costs [3] - The sales structure has changed, with higher-priced products like high-voltage and high-current automated testing systems and high-power laser marking equipment making up a larger share of sales [3] Product Development and Orders - The QT-8400 series power semiconductor testing systems have received orders from several well-known semiconductor manufacturers, indicating a gradual increase in production volume [3][4] - The company is actively advancing its KGD testing technology, particularly for automotive-grade SiC chips, with positive customer feedback and bulk shipments of testing machines [3] Future Outlook - The company maintains a cautiously optimistic view on industry trends, anticipating a gradual recovery in customer demand as the market environment improves [3] - Future order growth is expected to come primarily from the QT-4000, QT-3000, and QT-8400 series products, as well as KGD testing applications [4] - There are plans to explore mergers and acquisitions to enhance industry integration at the appropriate time [5]
联动科技(301369) - 2024年6月12日投资者关系活动记录表