goertek inc. plans to spin off its subsidiary for listing in Hong Kong, further deepening its long-term cooperation with international customers.| Speed read announcement
Goertek Inc. announced that it plans to spin off Goertek Micro and list it on the Hong Kong Stock Exchange's main board; Goertek Micro had previously attempted to list on the gem IPO in 2021, but terminated in May of this year; Goertek Inc. stated that the decision to list Goertek Micro in Hong Kong was a cautious decision made after comprehensive consideration, and it will have a positive interaction with Goertek Inc.'s business in the future.
August electric vehicle sales: BYD sold nearly 0.38 million units, sokon industry group stock surged nine-fold year-on-year.
①After surpassing a 50% market penetration rate in July, the market penetration rate of new energy vehicles further increased in August, achieving a steady and robust development with a "step-by-step" approach. ②In August, BYD not only broke its own monthly sales record, but also achieved the highest year-on-year growth rate of the year. ③Chery Automobile and Chongqing Sokon Industry Group Stock achieved year-on-year retail sales growth of 251.5% and 912.3% in August respectively.
In August, the penetration rate of new energy exceeded 50% again, with byd company limited and chongqing sokon industry group stock leading the way. China Association of Automobile Manufacturers: Adjusting the annual sales volume expectations upwards.
①The China Passenger Car Association released data showing that the narrow definition of passenger vehicle retail sales in August was 1.905 million units, a year-on-year decrease of 1.0%. ②Looking ahead for the whole year, the China Passenger Car Association will provide specific numbers for the expected increase in the electric vehicles market after comprehensive assessment.
Si Linjie plans to acquire Ke Kai Electronics, but the latter's gem IPO fails.
① Kejie Electronics' revenue in the first half of 2023 reached 0.161 billion, with a net income of 96.9473 million. ② The controlling shareholders of Kejie Electronics are Wang Jianhui, Wang Jiangang, Wang Xin, and Wang Kexi, who have signed a "Joint Action Agreement". ③ Kejie Electronics has implemented significant cash dividends, with cash dividends of 4.5 million yuan and 87.2 million yuan in 2020 and 2021 respectively.
In the second quarter, Huawei ranked first in global wrist-wearing market shipments, and smart wearable devices may become a new frontier for AI implementation.
① According to data released by IDC, in the second quarter of 2024, Huawei shipped 8.883 million units in the global wrist device market and 5.965 million units in the Chinese market, making it number one in the global and Chinese wristband markets. ② Shanxi Securities believes that leading domestic consumer electronics manufacturers are optimistic about the future of wearable devices. As end-side AI technology continues to mature, wearable devices will become a new frontier for AI implementation.
Lenovo will showcase its new generation of AIPC products. It is expected that the shipment volume of AIPC will double next year.
① Lenovo's official WeChat account announced that it will participate in the 2024 Berlin Consumer Electronics Show (IFA) on September 5th, showcasing the new generation of AIPC products. ② Huaxi Securities believes that at the current stage, AIPC is in the stage of accelerated industry penetration, and 2024 is expected to be the year of large-scale AIPC shipments.
Zhejiang Lante Optics: The micro prism production line is operating at full capacity, and the AR glasses project research is underway. | Directly focus on the earnings conference.
①As of the end of the reporting period, zhejiang lante optics' micro-prism industrial base expansion project has cumulatively raised 13.7 billion yuan in funds, and the expansion project has reached the designated available status and has been put into use as a whole in July 2024; ②In the first half of the year, zhejiang lante optics added a large amount of fixed asset investment, a substantial increase in the number of employees, and the increase in equipment depreciation and employee compensation have certain impacts on the profit level of the optical prism business.
Norway leads the global countries by a wide margin! In August, the market share of electric vehicles reached as high as 94%.
①The statistics released on Monday showed that electric car sales in Norway accounted for 94% of the local market share in August, setting a new world record; ②Meanwhile, electric car sales in other European countries remained stagnant.
The State Tobacco Monopoly Administration has released new regulations on electronic cigarettes, and there is expected to be further improvement in market share for leading companies.
The State Tobacco Monopoly Administration issued a notice on the revision and implementation of the Regulations on the Management of Electronic Cigarette Transactions. The notice mentions that the competent administrative department of tobacco monopoly of the State Council will establish a nationwide unified electronic cigarette trading management platform. Caitong Securities' Lv Mingzhang pointed out that in the long term, non-compliant products will gradually be cleared, and market share is expected to further concentrate, which is bullish for leading companies in production, brand and other aspects.
Foldable screen phones catalyze the maturity of titanium alloy 3d printing technology, which is expected to become the next trend in consumer electronics.
Open source securities machinery team believes that, on the one hand, 3d printing is a confirmed industrial trend, with 2024-2026 being a stage of accelerated volume expansion. On the other hand, the pullback range of 3d printing core symbol has approached 40%, and the next thematic direction for consumer electronics may be "titanium alloy 3d printing".
Direct hit Chengdu Auto Show | The three major tracks of hybrid gasoline and diesel are flying together, and traditional automakers are not letting BYD have a "unique beauty"
①From the perspective of products, whether it is pure electric or plug-in hybrid, the acceleration of the introduction of new energy vehicles is a common feature of auto companies at the Chengdu Auto Show; ②Although various signs indicate that electric vehicles will become the main force in the domestic auto market sales, rbob gasoline cars have not yet exited the stage.
Major industry players plan to increase the AI PC shipment volume to 40% next year, with the top three already releasing impressive financial reports. Institutions have stated that the future penetration rate of AI PC is promising.
① By the third quarter of 2025, Acer will increase the share of Copilot+ PC in delivery volume to 40%; In the second quarter of 2024, the global shipments of AI PC were 8.8 million units, accounting for 14% of the total PC shipments; ② Canalys predicts that the shipment volume of AI PC in 2024 will reach 44 million units, and it is expected to reach 0.103 billion units in 2025.
Automobile companies' semi-annual reports: BYD's revenue growth is over 1200 times that of Zotye, Chongqing Sokon's revenue growth is nearly 500%, and Xiaopeng is the most loss-making.
①Ten car companies achieved double growth in revenue and net income, accounting for half of the total. ②Among the 20 car companies, BYD outperformed the others, ranking first in both revenue and net income, with revenue 1,209 times that of Zotye Automobile. ③The declining performance of joint venture brands has also dragged down the performance of old car companies such as SAIC Motor Corporation and Guangzhou Automobile Group.
Track Hyper | Microspeech: Hongmeng Smart Travel Releases New Car
With the light version (WenJieXin M7 Pro) and the heavy version (ZhiJie R7), they are balanced.
Wang Chuanfu finally enters the second half of intelligentization. BYD collaborates with Huawei Qiankun to release new cars in the third quarter.
BYD and Huawei signed a smart driving cooperation agreement in Shenzhen. The first product focuses on the upcoming Fengchepao 8 model, equipped with Huawei's Qiankun smart driving ADS3.0. BYD and Huawei will conduct in-depth joint research and development on smart driving for the Fengchepao car, creating the world's first hardcore exclusive smart driving solution.
Industry giants continuously catalyze new products, and the sentiment of the consumer electronics sector is expected to be further strengthened.
Apple will hold its largest product launch event of the year on September 9th local time, where the company will unveil its latest iPhone, watch, and AirPods. Consumer electronics giants are expected to release new products in September, which will further catalyze sector sentiment. Huafu Securities stated that consumer electronics are currently experiencing a short-term stabilization and recovery, with the AI-driven industry innovation cycle approaching and the continuous catalyst of new products from industry leaders.
AI phone drive thermal material upgrade, related products are expected to see simultaneous increase in volume and price.
①One of the world's largest consumer electronics exhibitions, the Berlin Consumer Electronics Show (IFA) 2024, will open on September 6th. This year marks the 100th anniversary of the event. ②Minsheng Securities believes that the localized running of large models poses new challenges for the power management and heat dissipation efficiency of AI terminals, driving the upgrade of heat dissipation materials.
ODM and OEM business driving the company's sales scale growth. Lens Technology's net income in the first half of the year increased by 55% YoY. | Interpretations
① The consumer electronics industry has shown a clear trend of recovering terminal demand, with lens technology's net income in the first half of the year increasing by more than fifty percent year-on-year. ② With the continuous innovation of AI smartphones by major mobile phone brands, it may drive the arrival of a new round of replacement cycles, and companies related to the industry chain are expected to benefit.
TCL Zhonghuan Renewable Energy Technology, the leading company in silicon wafer production, reported a loss of over 3 billion yuan in the first half of the year. The departure of key personnel and a reduction in silicon wafer production rate were the main
①The leading silicon wafer manufacturer had a net loss of 3.064 billion yuan in the first half of the year, with a loss of 2.184 billion yuan in Q2. ②The company's inventory impairment loss affected the total profit by -1.109 billion yuan, further dragging down the business performance of the battery module business. ③This month, Shen Haoping, who has served as CEO for many years, stepped down from his position, and the silicon wafer capacity utilization rate of the company was subsequently reduced, and the load of the central ring began to decrease.
Guoguang Electric's Q2 net profit increased by over 159% QoQ, with speakers and amplifiers being the main source of revenue. Interpretations of the financial report.
Guoguang Electric's net income increased by more than 60% year-on-year in the first half of this year, and audio speakers accounted for more than 80% of revenue. The company stated that the increase in H1 revenue was due to the increase in revenue from audio and sound business. Its Q2 2024 net income increased by 159% compared to the previous quarter. A person from Guoguang Electric's securities department said that the second and third quarters are usually the company's peak season.