WUS(SZ:002463)2024-07-15 08:44Group 1: Financial Performance - The estimated net profit for the first half of 2024 is approximately 1.08 billion to 1.16 billion RMB, representing a growth of about 119.24% to 135.48% compared to the previous year [2][3]. Group 2: Industry Trends - The demand for high-layer printed circuit boards (PCBs) is driven by emerging computing scenarios such as high-performance servers and artificial intelligence [2][3]. - The traditional cloud server market is experiencing a slowdown due to inventory digestion by major cloud service providers, but overall supply chain inventory levels are returning to reasonable levels, indicating potential recovery in demand [2][3]. Group 3: Automotive Sector Insights - The penetration rate of new energy vehicles is rapidly increasing, leading to intensified competition and price wars in the automotive sector, particularly affecting traditional fuel vehicles [3]. - Long-term trends in the automotive industry, such as electrification and smart technology, are expected to provide strong growth opportunities for high-end automotive PCBs [3]. Group 4: Strategic Initiatives - The company plans to invest approximately 510 million RMB in a technology upgrade project for high-speed interconnect PCBs aimed at computing networks, which will enhance product quality and production efficiency [3]. - The Thai subsidiary is expected to achieve mass production by the fourth quarter of 2024, reflecting the company's strategy to diversify supply chain risks [3].