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Futong Technology (301607.SZ): Actively conducting application research on third-generation wide bandgap semiconductors such as SiC.
Gelonghui October 23rd, Futai Technology (301607.SZ) stated at an investor relations event that as a third-generation semiconductor material, silicon carbide material has higher withstand voltage, conductivity, lower switching loss, and temperature characteristics compared to traditional silicon materials. The application of silicon carbide power devices in the field of vehicle power has become an important trend in the industry. The company is following the trend of industry technology development, attaching great importance to the application research of power semiconductor devices and the optimization development of power electronics topology design. Actively carrying out research on the application of third-generation wide bandgap semiconductor devices such as SiC, the company has already realized the application of SiC semiconductor devices.
Footer Technology: Third Quarter 2024 Report
Futai Technology (301607.SZ) net income in the third quarter was 24.4016 million yuan, a year-on-year decrease of 35.35%.
On October 20, Glory Times reported that Futek Technology (301607.SZ) released its third quarter report for 2024. From July to September 2024, the company achieved revenue of RMB 0.521 billion, a decrease of 0.21% year-on-year; net income attributable to shareholders of the listed company was RMB 24.4016 million, a decrease of 35.35% year-on-year; net income excluding non-recurring gains and losses attributable to shareholders of the listed company was RMB 21.767 million, a decrease of 40.66% year-on-year, with basic earnings per share of 0.26 yuan.
Futu Technology (301607.SZ): The main raw materials of the products include semiconductor components, metal structural components, magnetic components, capacitors, resistors, and other materials
Gelonghui October 16th丨Futian Technology (301607.SZ) stated in investor relations that the main raw materials of the company's products include semiconductor components, hardware structural components, magnetic components, capacitors, resistors, and other materials. The cost of raw materials is mainly affected by market price fluctuations, the "annual decline" policy, and other factors. For example, in the past few years, there have been significant changes in the prices of semiconductor components, which have a significant impact on the overall cost fluctuations of corresponding raw materials.
Futu Technology (301607.SZ): mainly engaged in the research and development, production, and sales of high-voltage power supply systems for new energy autos.
Gelonghui October 16th | Futuitech (301607.SZ) stated in investor relations that the company is mainly engaged in the research and development, production, and sales of new energy autos' high-voltage power supply systems. The main products include on-board charging stations (OBC), on-board DC/DC converters, on-board power integration products, and on-board high-voltage power supply systems, as well as liquid-cooled fast charging station power modules, smart direct current charging station power modules, and non-vehicle high-voltage power supply systems. The main function of on-board power products is to convert alternating current from the power grid into direct current to power new energy autos' power batteries, as well as to convert the high-voltage direct current output from the power batteries.
Futu Technology (301607.SZ): The market share ranks at the forefront of the industry, and is a major supplier to Guangqi, nio inc, and Xiaomi.
Gelonghui September 27th - Futut Technology (301607.SZ) stated at an investor relations event that its collaborations with Guangqi, nio inc, Xiaomi, and the company are based on customer demand for parts procurement, and there is no prerequisite or interdependence based on shareholding. The company has strong market competitiveness, leading market share in the industry, and is a major supplier to Guangqi, nio inc, and Xiaomi. Both parties have a good foundation for cooperation, and ongoing projects and products in development will continue to strengthen the cooperative relationship with customers.
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