Securities code: Jones Tech Plc(300684) securities abbreviation: Jones Tech Plc(300684)
Record of investor relations activities
No.: 20220520
Investor relations activity category ☐ specific object research ☐ analyst meeting
☐ media interview ☐ performance briefing
☐ press conference ☐ Roadshow
☐ site visit
□ others
Form ☐ on site ☐ online □ teleconference
[Hangzhou Jiulong Asset Management Co., Ltd.]: Chen Kejie; [Yimi Fund]: Yang Zhen; [Cathay Pacific Fund]: Shi Yu; [Shanghai Bank Fund]: Shi Minjia; [name of the unit and personnel participating in the bidding and securities asset management]: he Huaizhi; [Shanghai Chengrui Investment Management Co., Ltd]: Liu Qinglin.
Time: May 20, 2022
Place: company conference room
Secretary of the board of directors and Deputy General Manager: Wang Jun
Name of receptionist of listed company securities affairs representative: Zhang Weina
Securities and investment Commissioner: Zhan bona
1、 Company introduction
Main contents of investor relations activities: Mr. Wang Jun, Secretary of the board of directors and deputy general manager of the company, introduced the basic situation of the company.
The company is a leading brand of high thermal conductivity graphite in the world. Its development strategy is to “rely on the needs of high-growth industries, focus on core materials and components, and provide customers with comprehensive functional solutions for the reliability of electronic equipment such as high-end thermal management”.
In the 24-year growth history, the company adheres to independent research and development and takes the road of specialization, and superimposes the perspective of globalization on the basis of technology-based.
At present, the company has four R & D centers in Beijing, Wuxi, Shanghai and Yixing; Dongguan Yixing and Wuxi Yixing production bases; Overseas delivery base is being built in Thailand; It has regional sales companies and engineering technical support centers in the United States; The pattern of globalization has initially taken shape.
The company’s high-end comprehensive thermal management solutions include high thermal conductivity graphite products, thermal conductivity interface material Tim, heat pipe, soaking sector, thermal module, etc. in addition to advanced thermal management function solution products, the company also involves EMI shielding materials, sealing materials and other products. The company’s development strategy is to build a global leading brand of high-end thermal management comprehensive functional solutions, select high growth and emerging industries such as new consumer electronics, digital infrastructure, intelligent transportation, clean energy and other industries as the goal, focus on functional solutions such as thermal management and electromagnetic shielding, and use innovative technologies to meet the needs of the next generation of electronic equipment, such as high reliability, integration, low energy consumption and low cost. In the future, the company will focus on industrial operation, supplemented by capital operation, and become a two wheel drive of industrial operation and capital operation; Change a simple product service provider into an industry and market-oriented comprehensive solution provider; Change the key customer strategy into a strategy that pays equal attention to the key customer strategy and the overall solution of the industry.
2、 Questions and answers
1. In the annual report, the revenue of digital infrastructure (including communication) accounts for 15%. Among them, digital infrastructure is divided into three fields: server / data center, communication and security equipment. What is the revenue of these three fields?
A: among the subdivided fields of digital infrastructure industry, the revenue of communication industry accounts for the highest proportion; The second is in the field of server / data center. At present, the company has supplied a number of terminal application enterprises outside China in batches; Finally, in the field of security equipment, we have cooperated with head customers.
2. Which field will account for a larger proportion in the field of server / data center, communication and security equipment in the future?
A: the proportion of server / data center will be higher in the future.
3. How about the customer development of AR / VR? Will there be a breakthrough in this field this year?
A: the company’s main products include thermal conductivity interface materials, high thermal conductivity graphite products (synthetic graphite, graphene high thermal conductivity film, foldable graphite, etc.), heat pipes, soaking sectors, thermal modules, EMI shielding materials, environmental sealing materials and components, which can be used in Ar / VR equipment. This field is the focus of the company in the field of consumer electronics
High growth industry, currently cooperating with mainstream customers, and it is expected that some products will be delivered in batches this year.
4. In the automotive electronics industry, what is the progress of the company in developing customers in the application of three electricity system?
A: in the field of intelligent transportation, the company aims at the thermal management function solutions in the fields of new energy vehicles, automatic driving, intelligent cockpit, three electricity system and so on. At present, some products of the company have been certified by customers and some products have been delivered in batches.
5. Is the construction progress of Yixing raised investment project affected by the epidemic?
A: the raised investment project “5g high efficiency heat dissipation module project” is carried out as planned. It is expected to be completed and delivered this year and transferred to mass production. The impact of covid-19 epidemic can be controlled as a whole. 6. How long is the authentication cycle in the data center / server field?
A: the authentication cycle in the data center / server field is relatively short.
7. In the field of new energy vehicles, what are the advantages of the company compared with foreign competitors?
A: firstly, based on the industry and market demand, the company integrates the system to form a diversified product line to provide the industry and customers with overall solutions for the reliability of electronic equipment such as heating, electromagnetic and sealing; Secondly, the company has established independent R & D teams and experimental platforms in many technical fields to maintain advanced technology reserves and cross integration of various technical fields, forming the company’s unique technical competitiveness, which can comprehensively and quickly diagnose and analyze the pain points in the reliability field of electronic equipment such as thermal management for customers Simulate and verify advanced reliability solutions such as integrated thermal management, so as to quickly respond to the development and changes of the industry; Finally, as a local enterprise, the company has strong internal driving force, original enterprise management methods and a community of interests, so as to ensure a certain flexibility compared with foreign companies.
8. What is the current capacity release of VC / heat pipe?
A: kulojie, a subsidiary of the company, delivers heat pipes and soaking sectors to customers outside China in batches.
Annex list (if any) none
Date: May 20, 2022
