[Tianfeng New Materials π-point Support] TDG Holding Company Meeting Minutes — 2026

English summary

### [Tianfeng New Materials π-point Support] TDG Holding Company Meeting Minutes — 2026 Time: 2026-07-30 08:06:36 Content: [Tianfeng New Materials π-point Support] TDG Holding Company Meeting Minutes — 20260729 1. Company Basic Situation • Business positioning: The company's main business covers material segments such as substrate wafers and bonded wafers, while also laying out traditional businesses such as soft magnetic materials and sapphire. • Core strategy: Centered on thin-film lithium niobate materials, extending downstream to bonded wafers, and exploring the co-construction of modulator OEM lines to further expand downstream. 2. Products and Technical Routes • Core products and prices: ◦ 6-inch wafer substrate: approximately RMB 1,000 per piece. ◦ 8-inch wafer substrate: RMB 4,000-5,000 per piece. ◦ Bonded wafer: shipment price approximately USD 4,000-5,000 per piece. • Current production capacity: annual capacity of wafer substrate wafers is about 600,000-700,000 pieces; bonded wafers annual capacity is 40,000-50,000 pieces.…