Yangjie Technology's Q2 revenue is expected to grow by 15-20%, with a net profit of approximately 200 million

Yangjie Technology's second quarter revenue is expected to grow by 15-20%, and net profit is expected to be just over 200 million. Yangjie Technology's 4-, 5-, and 6-inch wafer utilization rates are basically full, and 12-inch wafers are in the ramp-up stage. The utilization rate of photovoltaic packaging is above 80%, and the utilization rate of other products is above 95%. Yangjie Technology's medium and low voltage products have entered a price increase cycle, and the order of price increases is diodes, transistors, and MOS. The price increase of IGBT will depend on the utilization rate of foundries in the second half of the year. In terms of downstream applications, price increases are mainly concentrated in the fields of home appliances and industrial control, the automotive field remains stable, and the photovoltaic field is at a break-even stage, and there will be no price cuts.