Darbond Technology (688035)2024-11-22 10:14Group 1: Financial Performance - In the first three quarters of 2024, the company achieved an operating revenue of 7.84 billion yuan, representing a year-on-year growth of 20.48% [2] - The net profit for the same period saw a decline, primarily due to price reductions in some supply chain products and the implementation of a restricted stock incentive plan [3] - Despite challenges, the company has narrowed the net profit decline compared to the previous two quarters through measures like bulk purchasing negotiations and cost reduction [3] Group 2: Business Segments Performance - The integrated circuit segment grew over 30% in the first three quarters of 2024, outperforming the industry average [3][4] - The smart terminal segment experienced a significant growth of over 30%, driven by better performance in the consumer electronics market and successful product integration with major clients like Apple and Xiaomi [4][5] - The new energy segment maintained a leading market share despite facing profit challenges due to price reductions, with successful bulk supply to major clients [5] Group 3: Product Development and Market Strategy - The company has developed a diverse product line in the integrated circuit packaging materials sector, enhancing its overall solution capabilities [3][4] - New products in advanced packaging materials are being introduced, providing additional growth opportunities for the integrated circuit segment [4] - The company is actively expanding its business layout in various industries, including new energy vehicles and rail transportation, to further broaden its market reach [6] Group 4: Mergers and Acquisitions - The termination of the acquisition of Hengsuo Huawai was initiated unilaterally by the counterparty, with the company disclosing relevant information [6] - The company remains open to potential acquisitions to strengthen its position in the electronic packaging materials sector, focusing on domestic markets with lower market share [7]