No Data
Express News | Guangzhou Fangbang Electronics: The shielding film products have been applied to Huawei related smart phone terminals.
Guangzhou Fangbang Electronics (688020.SH): In terms of copper foil for electromagnetic shielding of high-speed copper cables, close coordination and communication have been established with related end users and their domestic and foreign cable suppliers
Gelonghui on November 29th, guangzhou fangbang electronics (688020.SH) stated on the interactive platform that in terms of high-speed copper cable electromagnetic shielding copper foil, they have closely communicated and coordinated with relevant end customers and cable suppliers at home and abroad, developed related copper foil products according to their technical requirements and sent samples for testing. The product performance meets the requirements, with key indicators superior to competitors. Currently, they are further optimizing product performance and conducting relevant business negotiations. Regarding market cap management plans, the company believes that the essence of market cap management lies in doing well in its core business. The company will adhere to its global strategy, maintain technological innovation, and emphasize market advantages.
Guangzhou Fangbang Electronics (688020.SH): Application terminals include well-known mobile phone brands such as Huawei.
On November 29, Gelonghui reported that guangzhou fangbang electronics (688020.SH) stated on the interactive platform that the direct downstream customers of the company's electromagnetic shielding film products are major circuit board manufacturers, with end applications including well-known smartphone brands such as Huawei.
guangzhou fangbang electronics (688020): profit under pressure, waiting for fundamental + new product turning point
Event: The company released the 3Q2024 financial report, achieving revenue of 0.242 billion yuan in the first three quarters, -10.30% year-on-year, achieving a net income attributable to the parent company of -0.04 billion yuan, +24.46% year-on-year, non-net income of -0.57 billion.
Intensified competition in the flexible circuit board market, guangzhou fangbang electronics reported a loss of 17.6714 million yuan in the third quarter.
①Guangzhou Fangbang Electronics stated that the decline in performance was due to increased market competition in the smart phone and Flexible Printed Circuit (FPC) industry during the reporting period, the industry chain showing a trend of cost reduction, which had a certain impact on the company's sales volume, selling price, and product structure of the screen protective film; ②Haitong Int'l believes that with the leading AI company nvidia releasing GB200, the future market space for high-speed copper cables for servers will grow rapidly.
Third Quarter Report 2024
No Data
No Data