The recovery of Semiconductors could not withstand the erosion of costs, Hunan Kaimeite Gases' losses widened last year | Interpretations
① Hunan Kaimeite Gases expects to incur a net income loss of 43.8 million yuan to 54 million yuan in 2024; ② The company stated that the main reasons for the decline in performance are: first, the prices of rare gas related products decreased; second, the termination of the restrictive stocks incentive plan implemented in 2022, which will be included as corresponding costs and expenses in 2024.
National Silicon Industry Group is expected to make a loss of up to 1 billion yuan in 2024, with the construction of the 300mm silicon wafer capacity upgrade project underway.
① With the rapid development of emerging technologies such as 5G, AI, and the Internet of Things, the demand for semiconductor chips continues to grow, driving an increase in the demand for semiconductor wafers. ② National Silicon Industry Group states that the global semiconductor market scale has significantly grown by 19%, but the market recovery from downstream to upstream requires a certain period, coupled with the industry's high inventory levels, leading to the semiconductor wafer market recovery not meeting expectations.
First loss since going public, Cybrid Technologies Inc.: Actively expanding overseas Business with higher margins and innovative products | Interpretations
① According to the performance forecast, Cybrid Technologies Inc. may experience its first loss since going public in 2024, which company personnel attribute to competition within the photovoltaic Industry. ② According to the announcement, the sales prices of Cybrid Technologies Inc.'s two main products - photovoltaic encapsulants and photovoltaic backsheets - both saw a decline last year. ③ The personnel indicated that the company achieved growth in non-photovoltaic Sectors last year and is also expanding into higher-margin overseas Businesses and innovative products.
Despite the drop in Anode Material prices, Hunan Zhongke Electric is growing against the trend, expecting net profits to increase by more than five times in 2024 | Interpretations
① Hunan Zhongke Electric announced that the expected net income for 2024 is between 0.288 billion to -0.325 billion yuan, an increase of 590%-680% compared to the previous year; ② In 2024, the price of Anode Material is still expected to decline and linger at low levels, in 2023 Hunan Zhongke Electric's performance fell to the lowest in nearly five years, with a profit of only 41.7062 million yuan, and the performance in 2024 can be described as a 'comeback'.
Selling Assets Layout Semiconductors Shenzhen Strongteam Decoration Engineering "Renovating a New House" | Quick Announcement
① Shenzhen Strongteam Decoration Engineering announced today that it plans to sell some Assets, with a total amount not exceeding 0.4 billion yuan. This move is viewed by the market as the company aiming to streamline its operations for the 'second curve' growth. ② The company has been active in the relevant fields over the past six months, and its intention to transition into Semiconductors is already evident, but from publicly available information, it seems that its related projects in the Semiconductors sector are still in the preliminary stages.
Youyan Silicon: This year, the production capacity of 8-inch wafers will reach 0.25 million pieces per month, with future plans aimed at the construction of new 12-inch wafer production capacity | Highlights from the Shareholder meeting.
① A representative from the company's board secretary office stated that there is still a strong demand for 8-inch silicon wafers, and in the short term, there won't be a situation where 12-inch silicon wafers replace 8-inch silicon wafers; ② Regarding the progress of the 8-inch silicon wafer fundraising project, the company expects that by the end of 2025, the production capacity of 8-inch silicon wafers will achieve a breakthrough of about 0.25 million wafers per month.