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Guangzhou Fangbang Electronics (688020.SH): Shielded cable products are advancing in technology testing and business negotiation work.
Guangzhou Fangbang Electronics (688020.SH) stated on the interactive platform on November 29 that the company has always been a stable supplier for Xiaomi. The company maintains good technical exchanges and contacts with Huawei, and the shielding film products have been applied to Huawei's related smart phone terminals. Cable shielding products are advancing in technical testing and business negotiations, while also engaging with new downstream parties on top of the existing ones, which will take some time.
Guangzhou Fangbang Electronics (688020.SH): Regarding the copper foil for high-speed copper cable electromagnetic shielding, close coordination and communication have been carried out with relevant terminals and domestic and foreign cable suppliers.
Gelonghui November 29th | Guangzhou Fangbang Electronics (688020.SH) stated on the interactive platform that in terms of the high-speed copper cable electromagnetic shielding copper foil, they have closely communicated with relevant terminals and domestic and foreign cable suppliers, developed related copper foil products according to their technical requirements, provided samples, and after customer testing, the product performance meets the requirements, with key indicators superior to competitors. Currently, they are further optimizing product performance and conducting related business negotiations. Regarding market cap management plans, the company believes that the fundamental of market cap management lies in doing well in the main business. The company will adhere to its global strategy, technological innovation, and market advantages.
Guangzhou Fangbang Electronics (688020.SH): The 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 its electromagnetic shielding film products are major circuit board manufacturers, and the end applications include well-known mobile phone brands such as Huawei.
Shareholders in Guangzhou Fangbang ElectronicsLtd (SHSE:688020) Have Lost 60%, as Stock Drops 13% This Past Week
The competition in flexible circuit boards is intensifying, and 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
Guangzhou Fangbang Electronics Co.,Ltd's (SHSE:688020) 25% Share Price Plunge Could Signal Some Risk
