Securities code: Sai Microelectronics Inc(300456) securities abbreviation: Sai Microelectronics Inc(300456) Sai Microelectronics Inc(300456)
Record of investor relations activities
No.: 2022011
□ specific object research □ analyst meeting
□ media interview ■ performance briefing
Investor relations activities □ press conference □ roadshow activities
Category □ site visit
□ others
Name and of participant
Investors participating in the company’s 2021 online performance presentation
Personnel name
Time: 15:00-17:00 PM, April 15, 2022
Location panoramic Roadshow（ http://rs.p5w.net. )
Chairman and general manager: Yang Yunchun
Director, deputy general manager and Secretary of the board of directors: Zhang abin
Reception of listed companies
Independent director: Jing Guifei
Personnel name
Deputy general manager and chief financial officer: Cai Meng
Sponsor representative: Sun Tao
All the questions and replies of this performance briefing are as follows:
1. It is suggested to strengthen the company’s information disclosure: timely publish the name, output, investor relations activity performance and other information of OEM products. Main content introduction [Zhang abin]: Hello, the company makes information disclosure in strict accordance with the relevant laws and regulations of Shenzhen Stock Exchange and the requirements of integrated circuit enterprise information phi. Thank you!
2. Investment in your company has lost more than 300000 yuan in 9 months. Does your company’s leader have any measures for the continuous decline of the company’s share price
[Zhang abin]: Dear investors, the recent market fluctuations are huge and the company’s share price has fallen a lot. I understand your mood very much. The company believes that the most important thing is to speed up the construction of production capacity, improve the capacity utilization and yield of domestic and foreign production lines as soon as possible, and enhance the confidence of investors through the development of core business. Thank you for your question! 3. Why does the chairman reduce his holdings again and again? Is he not optimistic about his company or why [Yang Yunchun]: Hello, the management of the company is full of confidence in the future development of the company! 4. Why did Mr. Yang reduce his holdings at a high level precisely, accurately and ruthlessly, and put all the additional shares on it? Why [Yang Yunchun]: in recent years, the price of his reduction has been high and low, which is not necessarily related to the rise and fall of the stock price; The company’s share price has fallen sharply in the past six months for many reasons. The market may be worried about the international situation, epidemic situation and semiconductor industry cycle, but the company’s operation is normal and is making efforts to develop in accordance with the established strategy. Thank you! 5. Do you know what is “cautious in words and deeds”? Do you know what “devote yourself to practice”? Speak human words, do dog business, open your mouth, and spray out any heroic words. Have you considered the actual situation? Have you ever calculated carefully? Every day, the wheels say it again and again. I don’t know what’s wrong with the company? It’s in the hands of your business people who are obsessed with calculation. Calculate the national large funds, calculation institutions and small and medium-sized investors. The conscience is eaten by the dog! [Zhang abin]: Dear investors, it has taken seven years from planning to acquire overseas high-quality assets to realizing the operation of local production lines. During this period, the company has received long-term and strong support from various investors, including large funds; Today, despite various difficulties and challenges, the company is firmly optimistic about the future development prospect of MEMS and Gan business and has never wavered; You can criticize and dislike the company, but I hope you can also be “cautious in words and deeds” and look at it rationally. Thank you for your question! 6. What is the specific progress of the third generation semiconductor manufacturing part in which the company participates?
[Yang Yunchun]: the equipment is in place and the plant is being built. We will urge Juneng international to speed up the relevant construction work. Thank you! 7. President Yang, the development in the past two years is obvious to all, while the company’s reputation is getting worse and worse. Last year, it was said that there were many filters in the verification process. How many have passed so far? If not, what is the progress so far, and is there a specific time table for completion? [Yang Yunchun]: at present, the development and verification of several products are in progress, and the specific time is hard to say, but I think we can come out one after another this year. We will wait and we will pay close attention to it. 8. Hello, Mr. Yang! At present, the company’s share price has hit a new low of 29 months, and investors want to cry without tears, but you continue to improve your life and bring returns to investors. It’s like this. 29 are not short. How many can there be in life [Yang Yunchun]: indeed, the company’s share price has fallen greatly, and we are also surprised, because in my opinion, the company is on the right road, and all employees of the company are full of confidence in the future, The company will continue to implement the long-term development strategy and strive to create long-term returns for the majority of shareholders! 9. Hello, Mr. Yang! At present, the company’s share price has hit a new low of 29 months, and investors want to cry without tears, but you continue to improve your life and bring returns to investors. It’s like this. 29 are not short. How many can there be in life [Yang Yunchun]: indeed, the company’s share price has fallen greatly, and we are also surprised, because in my opinion, the company is on the right road, and all employees of the company are full of confidence in the future, The company will continue to implement the long-term development strategy and strive to create long-term returns for major shareholders! 10. Mr. Yang, you are from Shandong. You are straightforward. Can you tell me how much capacity utilization the Beijing line can achieve in the first and second half of this year [Yang Yunchun]: Hello, I am indeed a straightforward Shandong person, but listed companies have various regulatory regulations. Please pay attention to the specific data of the company’s announcement
Content, please understand! 11. When can I resign? The biggest short seller [Zhang abin]: Dear Investor, I have no resignation plan at present. I am optimistic about the future development prospect of the company. Thank you for your question! 12. Whether to fulfill my responsibilities [Jing Guifei]: as an independent director, I faithfully perform my responsibilities and obligations in strict accordance with relevant laws and regulations. Thank you! 13. Daily limit call auction, what kind of capital can be so powerful and so bad about the company [Sun Tao]: Hello investors, there are many participants in the secondary market. The stock price fluctuation in the call auction stage is a normal phenomenon, and the investment institutions do not know the intention. 14. @ Zhang abin, please speak frankly about the ramp up of production capacity in December last year. At present, how many pieces per month. Now, as of April 1, has the situation improved? [Zhang abin]: Dear investors, the company’s production lines in Sweden and Beijing are trying to promote the ramp up of production capacity. Please pay attention to the company’s first quarter report in the first quarter. Thank you for your question! 15. Hello, in the interactive exchange held last year, your company encouraged the majority of investors to strive for a scale of 100 billion. After more than half a year, the company basically fell into the 10 billion gap. Please elaborate on the current situation in combination with the actual situation [Yang Yunchun]: Hello investors, the management of the company is full of confidence in the future development of the company and strive to repay the majority of investors with good performance! 16. At present, the company’s fixed growth institutions, China Thailand and various institutional funds generally suffered huge losses last year, and the national large funds are close to the cost line. What measures does the company take to enhance investors
Confidence? Is there a repurchase? Or speed up the product validation process? After more than half a year, a large number of products are still being verified? What’s the reason, please say it directly? If it takes several years from development and verification to mass production, the pace of China’s scientific and technological progress will be destroyed in your hands… [Yang Yunchun]: to be honest, your question makes me feel deeply stressed.
Although the share price has fallen sharply, the company and I have been working very hard to develop business in recent years, and I am also full of confidence in the future; However, semiconductor manufacturing has its particularity and objective law, which requires continuous investment of energy and time; I hope investors can be more patient. The company is trying to solve some “neck sticking” problems for the country. I believe we will not be disappointed in the future! 17. Binge, is the current production in Sweden affected by the geographical situation, how about the rising cost, and whether the ramp up of production capacity is progressing smoothly? [Zhang abin]: Dear investors, if the conflict between Russia and Ukraine continues, it will have a certain impact on the company’s overseas production line, which is mainly reflected in the rising cost of raw materials and the climbing of production and capacity caused by the guarantee of the supply system. Thank you for your question! 18. For Shengyan of the market, Sai Microelectronics Inc(300456) predecessor Neville technology divested the listed company to you due to strategic change. In addition, you have the actual control of the listed company. This is a white wolf with empty hands. What do you want to say about it [Yang Yunchun]: I undertook some avionics assets divested by the listed company due to business transformation in cash, and the relevant transactions have been subject to standardized audit, evaluation The audit procedure is fair and reasonable; My thoughts are the same as everyone else. I hope that Saiwei can go to the battle light and get better and greater development. 19. Binge, whether the company’s current capacity demand is insufficient and whether the customer verification is smooth. [Zhang abin]: Dear investors, the company’s MEMS and Gan businesses are facing huge market demand. The process development and product verification of its Fab factory are normal. Thank you for your question!
20. Hello, director, you are only 38 this year. You are young and promising. Do you have any plans to further study in terms of academic qualifications [Cai Meng]: Dear investors, you are flattered. The company has been in the process of rapid development, and I and the financial team are constantly improving the overall quality and business ability. Thank you for your concern and wish you a smooth investment!!! 21. As for equity incentive, whether it can reach the standard even if there is no mass production in 2021 is just benefit transfer [Zhang abin]: Dear investors, whether the company’s equity incentive target in 2021 is achieved or not needs to be considered and confirmed by the board of directors at the end of this year. Thank you for your question. 22. Why do the company’s executives keep reducing their holdings and the stock price has fallen like this? Is there any market value management and the production capacity can’t go up? We know to boast every day [Zhang abin]: Dear investors, the past reduction of the company’s directors, supervisors and senior executives have strictly complied with relevant laws and regulations, and there have been both reduction and increase of holdings in history; We believe that the recent continuous decline of share price is mainly affected by the general environment of the secondary market; The company is working hard to develop its business and has no time for others. Thank you for your question! 23. The Board Secretary of your company has been bragging about how good the company is and why the senior executives keep reducing their holdings for three consecutive years. Can you explain [Zhang abin]: Dear Investor, as a member of the company, I don’t think there is anything wrong with recognizing and believing in the company; In the past, the directors, supervisors and senior executives of the company strictly complied with relevant laws and regulations, and there were both reduction and increase in holdings in history; Please treat it objectively and rationally. Thank you for your question! 24. What does it mean that the company’s production capacity can’t keep up? 1. There is technology but no order? 2. Do you have an order or no technology? 3. Do you have technology, order or production equipment? 4. Technology, orders, equipment, no talent? 5. When is the labor contract between chief operating officer Shen Yong and the company
Wait? [Yang Yunchun]: fab3 has established a complete and professional R & D team and equipment system, with 35% of technicians in 21 years; Fab3 now has technology, talents, equipment and orders, and has reached cooperation with many customers. However, as a new line, the improvement of capacity utilization and yield still needs time. Dr. Shen Yong and his team are continuously focusing on serving the company. 25. Hello, President Yang! The company’s share price has hit a new low in recent three years. The disaster brought to investors is long and deep enough. Will the company take measures to stabilize investors’ expectations? Please answer directly [Yang Yunchun]: there are many reasons for the large decline of the company’s share price in the past six months. The market may have various concerns about the international situation, epidemic situation, semiconductor industry cycle and so on. The management of the company will continue to make every effort to promote the sustainable and healthy development of the company and strive to repay the majority of investors with good performance. 26. Hope that Saiwei has a good future [Jing Guifei]: after years of development, we all hope that the company can have a good development and a good future. Thank you for your wishes! 27. Don’t disappoint supporters [Sun Tao]: I hope shareholders can be more patient. Thank you. 28. Whether director Yang is not optimistic about his company by continuously reducing his holdings [Yang Yunchun]: Hello, the management of the company is full of confidence in the future development of the company! 29. Why does the company’s share price keep falling? [Sun Tao]: the recent market environment is not good, and the fluctuation of share price in the secondary market is normal. 30. How is the company’s operation in the first quarter? What is the expected business trend of the whole year
[Yang Yunchun]: please pay attention to the company’s first quarter report and subsequent periodic reports in 2022. Thank you! 31. What is the current monthly capacity of Beijing fab3? [Jing Guifei]: Hello, according to the information from the company, the phase I production capacity of Beijing fab3 had a production capacity of 5000 pieces / month in the first phase of last year, and the phase II production capacity of 5000 pieces / month is currently under construction; At the same time, the 20000 pieces / month production capacity of phase II is also under construction. Thank you! 32. Are there any problems in the raw material supply chain of the production lines in Sweden and Beijing? [Zhang abin]: Dear investors, up to now, the raw material supply of the company’s production lines in Sweden and Beijing has been guaranteed, but the cost of some raw materials has increased due to the impact of the international situation and the epidemic. Thank you for your question! 33. In the institutional research, the Secretary said that the deduction of non net profit of Sai Microelectronics Inc(300456) last year’s fourth quarter increased significantly due to the deferred income tax. After deducting this factor, is the deduction of non net profit of the company in the fourth quarter of last year still negative, that is to say, the performance inflection point has not yet arrived? In addition, I noticed that in the past, the company issued the first quarter forecast every year. Why didn’t the first quarter forecast be issued this year? Can you make an estimate of the profit situation in the first quarter? [yangyunchun]: it is understood that the deduction of non net profit has no impact on the deduction of deferred income tax, and the company will disclose information in accordance with relevant regulations. 34. Mr. Yang, Sai Microelectronics Inc(300456) you always reduce your holdings. Are you not optimistic about the future of the company? [Yang Yunchun]: Hello, the management of the company is full of confidence in the future development of the company! 35. Mr. Yang, what is the current output of crystal full moon in Beijing
