To clarify media reports
1.Date of occurrence of the event:2024/01/30
2.Company name: Elite Material Co., Ltd
3.Relationship with the Company (please enter ”the company itself” or
”subsidiaries”): Head office
4.Reciprocal shareholding percentage: Not applicable
5.Name of the reporting media: Wealth news
6.Content of the report: EMC's artificial intelligence server revenue is
expected to grow at a compound annual growth rate of 48% from 2023 to 2025,
with gross profit
Contribution proportion will increase from less than 5% in 2022 to 37-40% in
2024-2025.
It is estimated that switch business revenue will have a compound annual
growth rate of 21% from 2023 to 2025. Estimating the @ infrastructure revenue
(48% of total revenue in 2023) will grow 21-32% in 2024-2025.
With the improvement of operating efficiency, it is estimated that the
operating
profit margin in 2024-2025 will expand from 16-18% in 2021-2023 to
21-22% in 2024-25, profit growth will expand from 11% annual growth in 2023
to 21-45% annual growth in 2024-2025,...
7.Cause of occurrence: Issue clarifications on media reports.
8.Countermeasures: The company does not provide financial forecasts, and the
reports are all media speculations. The company's financial forecasts and
business information, please follow the company's announcement on the MOPS.
9.Any other matters that need to be specified:None