Group 1: Company Overview - The main products of the company include ceramic structural components for semiconductor equipment and ceramic heaters, with a focus on the semiconductor and powder classification sectors [1] - The company has achieved a full industry chain layout, covering oxides, nitrides, and carbides in its product materials [2] Group 2: Development History - The company initially produced ceramic structural components for semiconductor manufacturers, later achieving breakthroughs in ceramic heater technology for domestic substitution [2] - By 2024, the company aims to fully replace imported ceramic heaters and is currently validating domestic static chucks [2] Group 3: Business Operations - High-barrier ceramic components account for 14.4% of equipment costs, with a domestic market localization rate of approximately 14%, where the company holds about 80% market share among domestic suppliers [2] - Surface treatment services, primarily cleaning and spraying, are stable, with a focus on panel manufacturers as the main downstream customers [2] Group 4: Supply Chain Insights - The primary material for alumina is still mainly imported, and changing suppliers requires customer re-certification [2] - Over 70% of aluminum nitride is now sourced domestically, while zirconia is entirely sourced from domestic suppliers [2] Group 5: Financial Performance - In the first three quarters of 2024, the company reported revenues of 620 million yuan, with ceramic components contributing 550 million yuan, of which the latest mass-produced modules accounted for 36% [2] - Revenue from ceramic module products slightly declined in Q3 compared to Q2 due to customer scheduling issues and product transitions to equipment companies for collaborative R&D [2] - The gross margin in a single quarter decreased mainly due to the lower proportion of module products [2]
珂玛科技(301611) - 珂玛科技投资者关系管理信息(2)