CCTC(SZ:300408)2018-04-02 09:43Financial Performance - The company expects a net profit attributable to shareholders of approximately 23,231.90 million yuan for Q1 2018, representing a growth of 0% to 10% compared to the same period last year[1] - The previous year's net profit attributable to shareholders was 25,555.09 million yuan[1] - The company anticipates that non-recurring gains and losses will impact the net profit attributable to shareholders by approximately 3 million yuan, down from 32.09 million yuan in the same period last year[4] - The financial data in this earnings forecast is preliminary and has not been audited by a registered accountant[2] - Detailed financial data for Q1 2018 will be disclosed in the company's Q1 2018 report[5] Market Demand and Trends - The demand for MLCC products has significantly increased due to the expansion of application fields and the transfer of production capacity from Japanese competitors, leading to a supply-demand imbalance[3] - The growth in automotive electronics, LED lighting applications, IoT development, and smart home promotion has driven the demand for chip resistors, expanding the market for ceramic substrates[3] - The widespread application and rapid advancement of IoT technology have boosted the market demand for crystal frequency components[3] Competitive Advantage - The company has seen a substantial increase in orders and sales for MLCC and ceramic substrate products, contributing significantly to profit growth[3] - The company's ceramic packaging base has gained a competitive advantage in the crystal frequency component market, leading to an increase in market share and customer recognition[3]