Leaderdrive(688017) 每日经济新闻·2025-03-25 12:20Core Viewpoint - The company is focusing on expanding its market presence in humanoid robotics and increasing R&D investment in this area, while facing challenges in profitability due to rising costs and competitive pressures [1][4][6]. Group 1: Company Overview - Founded in 2011, the company specializes in the R&D, design, production, and sales of precision transmission devices, including harmonic reducers and automation equipment [3]. - The company went public on the Sci-Tech Innovation Board in August 2020, reporting significant revenue and profit growth in its initial years [3]. Group 2: Financial Performance - The company experienced a decline in revenue and net profit from 2021 onwards, with revenues of 4.43 billion yuan in 2021 dropping to 3.56 billion yuan in 2023, and net profit decreasing from 1.89 billion yuan to 841.55 million yuan in the same period [3][4]. - The gross margin of the company's main product, harmonic reducers, has also decreased significantly, from 53.18% in 2021 to 41.17% in 2023 [4]. Group 3: Market Strategy - The company is actively expanding its overseas market presence by forming sales teams in key regions such as Japan, Southeast Asia, North America, and Europe, which has contributed to increased sales expenses [5][6]. - The company plans to continue investing in R&D to maintain its technological edge and meet market demands for advanced products, despite short-term profit impacts [6][7]. Group 4: Future Outlook - For 2024, the company expects revenue growth of 8.34% to 386 million yuan, but a decline in net profit by 32.29% to 56.98 million yuan, primarily due to increased expenses related to market expansion and R&D [6][7]. - The company is cautious about further international expansion due to geopolitical uncertainties and plans to stabilize its overseas operations before making additional strategic moves [7].