新股探寻 （思看科技、赛分科技、黄山谷捷、钧崴电子）

Summary of Conference Call Notes Company and Industry Overview - Companies Discussed: - SiKang Technology - SaiFen Technology - HuanShan GuJie - JunWei Electronics Key Points and Arguments SiKang Technology - Industry Position: SiKang Technology is a leading manufacturer of industrial-grade 3D scanning devices in China and globally [2][3] - Main Business: Focuses on 3D visual digital products and systems, with applications in aerospace, automotive, machinery, transportation, and 3D printing [2][3] - Market Size: The global market for 3D digital products was approximately 50 billion in 2022, with the visual digital segment at around 12.3 billion, expected to grow at an annual rate of 26.6% [4][5] - Revenue Growth: Projected revenues for 2024 are between 330 million to 350 million, with operating profits expected to be around 120 million to 130 million [8] - Competitive Advantage: Holds a strong market share in handheld and tracking 3D visual products, ranking second globally [5][6] SaiFen Technology - Industry Position: A rare domestic supplier of pharmaceutical separation and purification solutions [10] - Product Range: Over 1,000 products with more than 5,000 clients, focusing on separation and purification materials [10][12] - Funding and Expansion: Plans to raise 800 million, with 220 million expected to be raised for expanding production capacity [10] - Market Share: Holds a 10.5% market share in the domestic biopharmaceutical separation field [12] HuanShan GuJie - Industry Position: A global leader in semiconductor module heat sink boards, primarily for electric vehicles [15][16] - Client Base: Major clients include Infineon, with a market share of 32.7% in the semiconductor heat sink market [17] - Revenue Projections: Expected revenue for 2024 is between 760 million to 767 million, indicating stable growth [18] - Innovation: Utilizes a unique cooling process that reduces production costs and enhances product lifespan [16] JunWei Electronics - Industry Position: A leading supplier of current sensing precision resistors, with a strong brand presence [19][20] - Market Size: The global market for current sensing precision resistors is projected to reach 4.7 billion in 2024, growing to 11 billion by 2030 [21] - Client Relationships: Established partnerships with major brands in the 3C electronics sector, enhancing revenue potential [22][23] - Risks: Potential risks include market fluctuations in consumer electronics and the need to expand into new application areas [24] Additional Important Information - Investment Risks: - SiKang Technology faces risks due to its smaller size and the novelty of its technology [9] - SaiFen Technology's expansion plans may encounter regulatory challenges [14] - HuanShan GuJie's reliance on the electric vehicle market may expose it to sector-specific risks [18] - JunWei Electronics must navigate the volatility of consumer electronics demand [24] This summary encapsulates the key insights from the conference call, highlighting the companies' positions, market dynamics, and potential risks.