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Tianfeng: New AI momentum drives industry growth acceleration, bullish on the communication industry to continue high prosperity and accelerate growth each quarter.
In terms of net income, the overall net income of communications equipment in Q3 2024 increased by 18% year-on-year, a significant reversal compared to the -16% in Q3 2023, reflecting a rapid recovery in industry profitability amid the transition between old and new driving forces.
Sifang Optoelectronics (688665.SH): has reserves of ultraviolet differential absorption technology, PID technology, electrochemical technology, and electronic nose technology based on the MOX principle.
Gelonghui, November 14th - Sifang Optoelectronics (688665.SH) stated on the investor interaction platform that the company currently has reserves of ultraviolet differential absorption technology, PID technology, electrochemical technology, and electronic nose technology based on the MOX principle, and will invest relevant research and development resources according to market demand.
Sifang Optoelectronics (688665.SH): Sensors for monitoring thermal runaway in power batteries have been shortlisted by automotive companies and leading battery enterprises.
On November 14, Gelonghui reported that Sifang Optoelectronics (688665.SH) stated on its investor interaction platform that the company has delivered cooling refrigerant leak monitoring sensors in bulk, and the UL certification for related products is continuing to be obtained; the online detection solution for gas generation during the thermal runaway of lithium batteries based on laser Raman technology and during the battery charge and discharge process has already received recognition and orders from mainstream battery companies and research institutions; sensors for monitoring the thermal runaway of power batteries have been shortlisted by automotive manufacturers and leading battery enterprises, and projects will begin mass production sequentially.
Sifang Optoelectronics (688665.SH): received government subsidies of 13.466 million yuan.
Gelonghui on November 8th. Four-Faith Optoelectronics (688665.SH) announced that the company and its wholly-owned subsidiaries, Four-Faith Optoelectronics (Wuhan) Instrument Co., Ltd. (referred to as 'Four-Faith Instrument'), Wuhan Four-Faith Automotive Electronics Co., Ltd. (referred to as 'Four-Faith Automotive Electronics'), Four-Faith Optoelectronics (Jiashan) Co., Ltd. (referred to as 'Jiashan Four-Faith'), and its holding subsidiary Guangdong Fengxin Electric Machine Co., Ltd. (referred to as 'Guangdong Fengxin'), have cumulatively received a total of RMB 13,466,448.60 in government subsidies related to income and assets from April 2024 to the date of this announcement.
Cubic Sensor and Instrument Takes 16 Million Euro Order to Produce Air Quality Sensors for European Client; Shares Up 4%
Sifang Optoelectronics (688665.SH): Received a notice of project appointment from the customer.
Gelonghui on November 4th: Sifang Optoelectronics (688665.SH) announced that it has recently received a targeted notification for a project from a well-known European host plant, confirming the company's supply of vehicle-level pm2.5 + AQHS air quality sensor assembly. According to the customer's forecast, the above-mentioned one project includes one vehicle platform. This targeted project will start deliveries in 2026, with an expected lifecycle of 9 years, and a total amount of approximately 16.0028 million euros (equivalent to about 0.124 billion yuan at the current exchange rates).
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