National Silicon Industry Group: downstream customers of silicon wafers are still destocking | A closer look at the earnings conference
In the first half of 2024, the global semiconductor market overall showed some improvement, but the recovery was slower than expected, and the global silicon wafer shipments still demonstrated a year-on-year decline. Director and CEO of the national silicon industry group, Qiu Ciyun, stated that both customer-side and company's own inventory digestion are ongoing.
Zong Yanmin, Chairman of Tianyue Advanced, stated that the price of silicon carbide substrates will continue to decline and plans to expand the capacity of 8-inch products | Earnings conference in focus
① Zong Yanmin attributed the decline in the price of silicon carbide substrates to technological advancements and economies of scale; ② Currently, the price of silicon carbide power devices is still several times higher than that of silicon-based devices; ③ Overall, the global fourth-generation semiconductor materials are still in the development stage.
Zhongfu Shenyang: The industry is in a state of supply and demand imbalance. Carbon fiber products have been applied in the field of industrial robots. | Directly hit the earnings conference
① Zhang Guoliang said that from the current situation, the entire carbon fiber industry is still in a phase of supply and demand imbalance, and the price range of products is also in bottom-shaking operation; ② The company's independent director, Yang Pingbo, added that the company's foreign market revenue in the first half of 2024 was 44.7682 million yuan, a year-on-year growth of over 15%.
Guangdong Jiayuan Technology: Lithium battery copper foil processing fees are still at a low level. Capacity clearance is the future development trend | Direct hit earnings conference
① Guangdong Jiayuan Technology reported that the company's gross margin in the first half of the year was 1.7%, a year-on-year decrease of 4.92 percentage points. In the future, the market share of lithium battery copper foil will be concentrated in leading companies. ② The company's monocrystalline copper foil has the capability of small-scale production and is expanding its customer base. Ultra-thin copper foil (UTF) for PCBs is already in mass production. The pilot line for composite copper foil with a two-step process route has been completed, and it has been tested and has the capability of mass production.
Semiconductor market demand picking up, novoray corporation's revenue and net profit double in the first half of the year. The electronic grade powder project is expected to start production at the end of the year.
In terms of single quarters, the net income and non-GAAP net income of the company in Q2 2024 both reached a record high. The semiconductor market demand rebounded, and the company seized the industry development opportunities. Overall business income increased year-on-year, the product structure further optimized, the proportion of high-end products increased, and the profit obtained year-on-year growth.
The first financial report after the "renaming" is released! Minmetals New Energy's net loss in the first half of the year was 65.93 million yuan, a shift from profit to loss.
①WuKuang New Energy attributes its decline in sales price and gross profit to the decrease in lithium salt price of upstream raw materials caused by market conditions, as well as the transmission of prices. Excluding the impact of supplementary taxes and late payment fees, the net income for the first half of the year was 15.4073 million yuan. ②The company's R&D investment in the first half of the year was 0.12 billion yuan, a year-on-year decrease of 24.39%. Several ongoing projects involve the scenario of "recycling of used power batteries".