CCL Is In Short Supply, Q2 Performance Is Still Strong

 Although the copper foil substrate factory Lianmao had a fire in Xinpu factory recently, But the strong demand in the market keep the company's orders still bursting,Legal person is optimistic about orders more than production capacity

      The CCL industry is in a state when supply exceeds demand, and Lianmao will not be affected by the episode with optimism,  it is expected that the second quarter revenue will be more stable and better than the first quarter.

      According to Legal analysis, there are some reasons why Lianmao's performance can maintain its growth momentum,Mainly optimistic about several points:Although the Xinpu plant will have some short-term impact on the production capacity, the new production capacity of the second phase of Jiangxi wil be launched from the second quarter, which just fills the gap. In addition, the production capacity and revenue of the Xinpu plant only account for the single-digit proportion of Lianmao, but the impact is not significant.  

And the new production capacity will continue to open until the third quarter. As production capacity increases quarter by quarter, market demand is strong, and the scale of revenue is expected to increase accordingly.

     The second is that the electronics industry is emerging to grab production capacity, in addition to consumer electronics, netcom ,servers,  automotive electronics and other products see strong demand,The client considers the uncertainty of the environment

, such as the outbreak, raw material prices and other factors, the increasing strength of order, the copper foil substrate factory are faced with the challenge of the demand and response cost also are complete quoted price increase, so the legal person recognition For it, price went up, league alum performance is still strong in the second quarter.

     Lianmao products include netcom, mobile phones, tablets, consumer electronics, automotive, etc.the company representation:really see plenty of growth momentum in every product lines, production capacity is also in short supply, of which 5 g technology-related server, base stations, and consumer electronics such as mobile phone, NB/PC, tablet, display card, etc., and automotive electronics, etc.

     Lianmao said that observing the market conditions can reveal, such as Google, Amazon and other companies in the future, it will meet the needs of data center and cloud computing, and actively increase the capital expenditure budget of servers. In addition, the two major CPU will launch new platforms.Expect to see a lot of conversion demand this year,in the first quarter, Lianmao has shipped a lot of high-frequency and high-speed materials related to servers, showing that the industry has departed from regulation and recovered significantly,Like Intel Whitley has started to pull goods, if the conversion is smooth, the quarterly increment can be expected,AMD Milan also ships related materials and  that optimistic about the server will continue to grow this year 

      5G base station,  Affected by the Covid-19 in 2020, the ban and other factors, Unbalanced shipments throughout the year ,And come to 2021, Important facilities built for the 5g basic environment, the demand has stabilized,Chinese customers continue with the bidding,The goal is to see whether the second quarter can increase the volume,As well as European, American, and Korean customers to catch up with the market,

It is expected that there will be a clearer demand in June,The base station is also optimistic that it will increase quarterly this year

      In consumer electronics, The demand for NP/PC continues to be supported due to the fact that the epidemic has not yet dissipated,In addition to the two major chip manufacturers launching new products for graphics cards, the mining boom has fueled the flames, and graphics cards are hard to find now.

      Lianmao said, Judging from the current situation, the order is definitely greater than the capacity, it Is actively communicating with customers,

Dispatch Jiangxi. Wuxi production capacity to meet demand and there will be property insurance in the future,Business interruption insurance and other insurance claims can be recognized,The company expects to have a very limited impact on the financial business, and its operations for the whole year keep positive.