好的那个各位投资者大家早上好感谢各位投资人参与我们开元正经线北交所研究中心主持的电话会议啊然后今天这个电话会呢也是我们2024年举办的对话北交所公司高管系列的第131期了然后啊我们今天的非常有幸的是请到了那个同辉电子啊我们团队的老朋友我们从很早在三版时代和这个精选层时代就跟公司啊长期的这个 这个合作和服务然后也是看着公司一路快速的成长然后呢今天这个电话会呢我们是有幸请到了公司的董秘王总那么王总也是公司的这个主创团队之一对公司有很深的这个了解和认知我们今天的会议呢也会分为两块第一块因为公司的三级报其实已经发布了有一两天了然后也有友商其实开过类似电话会了 但是我们觉得有一个核心的问题就是很多人对于公司的理解只停留在一些简单的财务数据另外一块就是公司所做的产品线非常的广深度非常的深大到军工上航天上的东西可以用小到我们 用的3C数码,然后呢再到这个技术眼睛的不断进化,像青年车的这个高压800处的平台,像我们用的很多一些新的一些技术上其实都很前沿的东西都在用。 另外就是随着中国制造业特别是电子制造业的崛起那么相应的就是中国电子测试这块的一定会出现非常牛的这个公司的这个实际上在海外市场我们无论是从美国的 这个世德科技还是 ...

好的那个各位投资者大家早上好感谢各位投资人参与我们开源证券北交所研究中心主持的电话会议啊然后今天这个电话会呢也是我们2024年举办的对话北交所公司高管系列的第131期了然后啊我们今天的非常有幸的是请到了那个同辉电子啊我们团队的老朋友我们从很早在三版时代和这个精选层时代就跟公司啊长期的这个 合作和服务也是看着公司一路快速的成长今天这个电话会我们是有幸请到了公司的董秘王总王总也是公司的主创团队之一对公司有很深的了解和认知我们今天的会议也会分为两块第一块因为公司的三级报其实已经发布了有一两天了也有友商其实开过类似的电话会了 但是我们觉得有一个核心的问题就是很多人对于公司的理解只停留在一些简单的财务数据另外一块就是公司所做的产品线非常的广深度非常的深大到军工上航天上的东西可以用小到我们 用的3C数码,然后呢,再到这个技术眼睛的不断进化,像青年车的这个高压800伏的平台,像我们用的很多一些新的一些技术上,其实都都很前沿的东西都在用。 另外就是随着中国制造业的特别是电子制造业的崛起那么相应的就是中国电子测试这块的一定会出现非常牛的这个公司的这个实际上在海外市场我们无论是从美国的 这个世德科技还是德国的这些半导体仪器测试公 ...

合作的影响可能会影响人家特别是对于相关的背后然后背后的对公司的一些意识吧那再一次来看其实大家已经看到了就是说其实我们收到的新的传统投资合作的影响那么我们稍后的视频还是比较精彩的我们希望就是说特别是其实明明特别二十七年已经投资的一些什么开市可能是一些基建业者 然后这些问题都是先于我们的研修发生的所以现在在规模上已经实施前了还是会对毛利有一些拖累吧随着整个规模解开以后还多了一个进展我们希望我们的文开的毛利率能达到25到30的一个时间然后这也跟我们现在目前的整个的产品提供规划是相匹配的再来一下 谢谢 好的好的 谢谢第三个问题就是说就是你也提到说我们有木头新的一个RJ2和燃料5D种型电风桩的一个产品就是在这方面能不能请您再介绍一下就是我们有没有一些目前来看新的包括客户然后订单或者是下游以及我们资深技术的一些进展谢谢最后一题我请我们的CCO然后来回答一下 您好 就这样子我们现在在RCA包括Y.5G上面的一个布局目前是已经处于一个中线的一个状态中线的一个状态目前中线之后我们现在在做一些公益的调查您讲到的一些客户的情况就是我们有积极在接触一些客户也有一些项目方面的一些方案的一些探讨这个都在进行中就这样一个情况目前稍微补充一 ...

Summary of Conference Call Company and Industry Overview - The conference call involved **Debang Electronics** and **Lianchuang Electronics**, focusing on the **optical industry** and its recent performance, particularly in the automotive and mobile sectors [1][2]. Key Points and Arguments 1. **Third Quarter Performance**: - Total revenue for the third quarter reached **77 billion**, with the optical industry generating **33 billion**, marking the highest revenue in its history, accounting for **42%** of total revenue [1]. - Breakdown of optical revenue: - Automotive optics: **16 billion** - Mobile optics: **13 billion** - High-definition wide-angle: **2-3 billion** - Lens products: **2 billion** - Touch display: **18 billion** - Application terminals: **22 billion** [1]. 2. **Growth Expectations**: - The company expects automotive optical revenue to reach **20 billion** by the end of the year, with a strong growth outlook for the fourth quarter due to increased demand from major manufacturers [2][3]. 3. **Profitability Trends**: - The profitability of the optical segment is improving, with margins for automotive optical lenses stable at around **30-40%**. However, module margins have dropped to single digits due to intense competition [3][4]. 4. **Future Projections**: - The target for automotive lens revenue is set at **20-25 billion** for the next year, with expectations of further growth driven by increased volumes from clients like **BYD** and **Geely** [4][5]. 5. **Client Contributions**: - Significant volume increases are anticipated from clients such as **BYD** and **Geely**, with the latter's sales volume potentially increasing from **several thousand** to **20,000-30,000** units per month due to new model launches [5][6]. 6. **Mobile Sector Insights**: - The company is monitoring developments in mobile optics, particularly regarding **A Company**'s adoption of new lens technologies. The competitive landscape is evolving, with various suppliers exploring different glass technologies [8][9]. 7. **Market Dynamics**: - The overall pricing environment for mobile optics is stabilizing, with improvements in client and product structures leading to better margins compared to previous years [11][16]. 8. **Strategic Considerations**: - The company is considering potential mergers and acquisitions if they align with future growth strategies. The focus remains on enhancing operational efficiency and expanding client bases [21][22]. Additional Important Information - The company is expanding its production capabilities in **Mexico** and **Vietnam** to mitigate risks associated with geopolitical changes and to better serve North American clients [19]. - The impact of currency fluctuations on revenue is managed through hedging strategies, minimizing potential adverse effects [12]. - The company is also exploring new technologies and partnerships to enhance its product offerings in the optical sector, particularly in mobile and automotive applications [10][18]. This summary encapsulates the key insights and projections discussed during the conference call, highlighting the company's performance, growth strategies, and market dynamics in the optical industry.

Summary of Jinsheng Electronics Q3 2024 Earnings Call Company Overview - **Company**: Jinsheng Electronics - **Industry**: Automotive Electronics and Safety Key Points Industry Performance - Global automotive sales saw a **2.3% increase** in the first half of 2024, but a decline was noted in Q3, particularly in China and Europe, indicating a challenging market environment [2][2] - Despite the overall market downturn, Jinsheng Electronics maintained stable revenue growth due to strategic adjustments in customer structure [2][2] Financial Performance - **Total Revenue**: Achieved **41 billion CNY** in the first three quarters, stable compared to the previous year [2][2] - **Automotive Electronics Revenue**: **12.7 billion CNY** - **Automotive Safety Revenue**: Approximately **28.4 billion CNY** - **Gross Margin**: Improved to **15.6%**, with Q3 gross margin at **15.7%**, a **1.6 percentage point** increase year-over-year [3][3] - Automotive Safety gross margin at **14%**, up **2.6 percentage points** year-over-year [3][3] - Automotive Electronics gross margin at **19.2%**, slightly down due to accounting changes, but expected to exceed **20%** when adjusted [4][4] Cost Management - Continuous optimization of production processes and cost control measures contributed to improved gross margins [3][3] - Operating profit for Q3 was around **14 billion CNY**, showing growth compared to Q2 [5][5] - R&D expenses increased by approximately **10 million CNY** in Q3, reflecting ongoing investment in new business orders [6][6] Cash Flow and Investments - **Operating Cash Flow**: Healthy growth with **3.05 billion CNY** in Q3, indicating strong cash management [7][7] - Investment cash flow was influenced by strategic investments and debt restructuring in a low-interest environment [8][8] New Business Orders - Total new orders reached **70.4 billion CNY** in the first three quarters, with automotive safety orders at **49 billion CNY**, surpassing last year's total [11][11] - New energy vehicle-related orders accounted for **37.6 billion CNY**, indicating a strong market position [12][12] Market Strategy - Jinsheng Electronics is focusing on expanding its presence in the domestic market, particularly with new energy vehicles and local brands [15][15] - The company is adapting to the competitive landscape by diversifying its customer base and enhancing product offerings [17][17] Challenges and Outlook - The company is cautious about future revenue growth due to potential order reductions from overseas clients [24][24] - Despite challenges, the management remains optimistic about maintaining revenue stability through diversified customer relationships and product lines [24][24] Taxation and Financial Management - Increased tax expenses due to higher overseas tax rates and changes in local tax regulations, with efforts to optimize tax liabilities ongoing [20][20][21][21] Technological Developments - Jinsheng Electronics is actively pursuing advancements in wireless charging technology and smart vehicle systems, with ongoing collaborations with major automotive brands [30][30][36][36] Conclusion - Jinsheng Electronics demonstrated resilience in a challenging automotive market, maintaining stable revenue and improving margins through strategic adjustments and cost management. The focus on new energy vehicles and technological innovation positions the company for future growth despite external pressures.

Good afternoon. My name is Brianna, and I will be your conference operator today. At this time, I would like to welcome everyone to the Cadence Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, then the number one on your telephone keypad. Thank you. I will now turn the call over to Richard Gu, Vice P ...

光模块当中的功耗节约整体是有约50%幅度的一个下滑所以可以看到功耗的一个整体节约是非常高性价比的那除了功耗这个最核心的原因之外CPU的技术元器还包括成本更优以及更高的集成度可以实现更高密度的端口设计等重要的原因 那从这个技术形态上我们我们前面有讲到其实CPU它在历史这种传统的概念之中主要指的呢就是在一块陶瓷基板上当中中间的位置会放置交换芯片同时呢在基板的四周会放置多个 数量不等的这个光引擎产品来以这个物理距离非常近的一种形式去传递完了电信号之后直接在近距离的地方区域去实现一个光电信号的转换而那这里面我们需要注意到CPU它还和近期一个非常重要的概念有关就是归光 因为在这种封装形式之下,对于光电转换功能实现的这个模块整体的体积提出了一个非常高压缩强度的要求,从而就需要在物理形态上去较大程度上的提高光电转换模块的一个整体集成度。 相较于传统可插拔的光模块硅光的优势在CPU的这种供封装的形式之下又有进一步的一个优化的体现所以某种程度上大家可以等同为去理解硅光基本上这个技术它就是CPU光电供封装去实现的一个重要的前提条件一般来说在CPU的模块当中四周所分布的光影评测品都是基于硅光芯片和EIC 去和风实现的这样的一个整体 ...

其实去年和今年上半年相对比较难一点但是后面我们看到已经开始有所复苏 还是有所复苏然后从内外销比例来看也是今年我们是第一次达到的就是内销和外销基本是持平有的有的季度甚至是外销会稍微高一点这一点主要还是归咎于我们产品结构的变化很多外销产品都是一些复杂组件不光是电影斗上面包括我们像德国的Faceman他们做热泵做锅炉我们也是给他提供了各种各样的一些组件的解决方案 所以外销的销售金额持续在增长然后内销因为大家知道国内整体经济环境可能是比较挣扎一点所以但是我们相信三季度应该是最难的时候所以最难的时候应该已经过去了然后我们看一下报告期内有一些量产线项目比如说之前我们一直提到其实有宝马3系然后奥迪A5还有大众的新的这种车增上面的项目 我们也是之前其实招呼说明书有提到我们有一台全自动的生产线是中国第一台应用在汽车上面的这样的全自动的刺迫式连接器的限速生产线第一个项目宝马三系这个季度开始已经开始量产了后面两个奥迪和大众应该在明年也会相继去量产 然后这个报纸里还有一些领克和吉利的一些线数就是充电桩的组件还有充电桩的高压线数也相继量产领克的话是一个它比较火的一个SUV的车型是在成都那边生产的所以这个量爬坡爬得非常快 然后新定点的项 ...

尊敬的各位投资者大家下午好我是东北证券电子组分析师李爱欣然后现在给各位大家分享一下消费科技板块的一个观点 然后我们认为消费电子整个行业其实是从82年到23年其实是经历了就是一轮去库存的一个阶段当时行业的整体的情况是因为由于疫情的一个影响整体的板块其实受到了一个比较大的一个压力但是23年下半年的这个情况 整个行业的这个同比的这个跌幅就已经开始收窄了最明显的就是从23年9月份而整个供应链的这个订单包括景气度都是比以往大幅改善人体来看的话消费电子 整个全球的市场空间我们可以看到智能手机的市场规模其实是最大的大概是4100亿美金的市值然后从整体的手机的出货量同比的增速来看从2023年9月份就已经可以看到一个明显的拐点 也是因为23年下半年它其实是比较好的然后一直景气度一直是持续到24年的一季度和二季度整体的这个经营情况景气度都是非常不错的从整个消费电子的产业链来看的话我们可以看到中国的这个消费电子的上市企业公司它是非常具有竞争力的而且在手机产业链的整个框架里面我们可以看到它大概分为就是 一个是上游的一些产业链包括主芯片存储芯片电池然后包括一些手机的外壳结构件然后软板还有PCB摄像头摄屏天线还有包括它的这个屏幕从这个上 ...

Summary of Conference Call Records Company Overview - The conference call discusses the financial performance and operational status of a company in the semiconductor and display industries for the third quarter of 2020. The company reported significant growth in revenue and net profit compared to the previous year. Key Financial Metrics - For the first three quarters of 2020, the company achieved a revenue of 75.954 million yuan, a year-on-year increase of 63.35% [1] - The net profit attributable to shareholders was 32.4132 million yuan, up 231.25% year-on-year [1] - For the period from January to September 2020, the company reported a revenue of 1.830684 billion yuan, a year-on-year increase of 18.50% [1] - The net profit attributable to shareholders for the same period was 82.2411 million yuan, a significant increase of 752.58% year-on-year [1] Order Backlog - As of the report date, the company had a total order backlog of approximately 3.168 billion yuan, with specific segments as follows: - Display sector: 831 million yuan - Semiconductor sector: 1.69 billion yuan - New energy sector: 646 million yuan [1] Research and Development (R&D) Investment - The company has increased its R&D investment, particularly in the semiconductor sector, which is characterized by high capital and technical requirements. The R&D investment for the first three quarters of 2020 was 47.43415 million yuan, a year-on-year increase of 5.09% [1] - R&D investment in the semiconductor sector was 21.55033 million yuan, up 33.12% year-on-year, while investment in the display sector decreased by 5.69% [2] Gross Margin Analysis - The gross margin for the display sector was approximately 14.28%, remaining stable compared to the first half of the year [2] - The semiconductor sector saw a gross margin recovery to about 49.18%, an increase of 6.77% from the first half of the year [2] - The new energy sector's gross margin was 25.01%, down 5.53% from the first half of the year [2] Segment Performance - The display sector achieved sales revenue of 492.5118 million yuan, a year-on-year increase of 55.96% [2] - For the first nine months of 2020, the display sector's sales revenue was 1.268275 billion yuan, a year-on-year increase of 26% [2] - The semiconductor sector reported sales revenue of 179.6754 million yuan, a year-on-year increase of 108.36% [3] - The company is focusing on expanding its market presence in the semiconductor sector, particularly in advanced process technologies [3] Market Outlook - The company expressed confidence in achieving significant growth in new orders for the remainder of the year, particularly in the semiconductor sector [4][5] - The management anticipates that the fourth quarter will see a strong performance in terms of order fulfillment and revenue recognition, driven by previously delayed orders [7][10] Strategic Investments - The company announced an investment in a new entity, aiming to enhance its capabilities in the semiconductor sector and leverage synergies with existing operations [6][7] Conclusion - The company is experiencing robust growth across its semiconductor and display segments, with a strong order backlog and increased R&D investment. The management is optimistic about future performance, particularly in the semiconductor sector, and is actively pursuing strategic investments to bolster its market position.