WST(688122)2024-12-26 08:52Group 1: Company Overview and Activities - The company, Western Superconducting Technologies Co., Ltd., is engaged in the production of high-temperature superconducting materials and advanced titanium alloys [1][2]. - The third quarter performance briefing was held on December 24, 2024, with key executives participating, including the General Manager and CFO [1]. Group 2: Product Development and Innovations - The company has achieved breakthroughs in the engineering preparation of Bi-2223 and Bi-2212 superconducting materials, producing lengths of superconducting tapes and wires reaching hundreds of meters [2]. - The NbTi superconducting cables produced by the company meet customer requirements for quantum computing applications [3]. Group 3: Market Position and Challenges - The company has experienced fluctuations in business performance over the past two years due to changes in downstream market demand [5]. - The global market share of superconducting products is steadily increasing, while the domestic market position for high-end titanium alloys remains solid [5]. Group 4: Future Outlook and Strategic Plans - The company is cautiously optimistic about external demand for its three business segments in the coming year, focusing on enhancing technological innovation and efficiency [4]. - There are no current plans for integration or acquisition with Western Materials, as both companies operate in different segments of the titanium alloy market [4]. Group 5: Industry Trends and Applications - The company is exploring the potential applications of its high-end titanium alloys in the low-altitude economy, particularly in drones [4]. - Superconducting materials are primarily applied in medical, semiconductor, and national research projects, with ongoing efforts to expand their use in additional fields [6].