Gelonghui November 5th | Central China Securities research report pointed out that JCET Group Co., Ltd. (600584.SH) achieved a new historical high in quarterly revenue in Q3 2024, with short-term gross margin affected by changes in product structure. Since 2024, the company's factory operations have rebounded, capacity utilization continues to increase, and business in various application sectors has all achieved stability and recovery. In the first three quarters of the year, revenue from communication, consumer, computing, and automotive electronics applications all saw double-digit year-on-year growth. The company focuses on high-performance advanced packaging, strengthens innovation and upgrades. With the recovery of the semiconductor industry, performance is expected to continue to grow. In addition, the acquisition of Shengdie Semiconductor has been completed, enhancing the company's global competitiveness in memory semiconductor testing. Due to the relatively slow recovery of downstream demand and a decrease in the company's profitability, the company's profit forecast is lowered, maintaining a "buy" rating.