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Electric Connector Technology Co., Ltd.'s (SZSE:300679) Market Cap Dropped CN¥1.2b Last Week; Retail Investors Bore the Brunt
Electric connector technology (300679.SZ): Auto connector products are widely used in panoramic surround view systems, in-vehicle networks, and autonomous driving systems.
On December 10, Gelonghui reported that electric connector technology (300679.SZ) stated on the investor interaction platform that the company's auto connector products are widely used in panoramic vision systems, in-vehicle networks, in-vehicle entertainment systems, asia vets cockpits, radar navigation systems, in-vehicle networks, ADAS and screen connections, as well as autonomous driving systems. The company currently has no relevant information that should be disclosed but has not been disclosed.
Electric Connector Technology's (SZSE:300679) Five-year Earnings Growth Trails the 16% YoY Shareholder Returns
Tianfeng: Stimulus of domestic demand + resonance of product cycles, bullish on the consumer electronics industry chain.
The continuous stimulus from policies is expected to drive the demand release for consumer electronics through trade-in programs, remaining bullish on the subsequent policy efforts to promote consumer electronics upgrades.
Guosen: The wave of AI industry development is driving an increase in connector demand, opening a window for the high-end development of domestic connectors.
As the domestic electrification enters the second half, the penetration rate of asia vets is accelerating, and the demand for high-speed connectors in autos is increasing significantly. It is expected that by 2024, the global high-speed connector market for autos will reach 44.3 billion yuan, with a growth rate of 41%.
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