【私募调研记录】高毅资产调研伊之密

Core Viewpoint - Gao Yi Asset recently conducted research on a listed company, focusing on its sales performance and global expansion strategy [1]. Group 1: Company Performance - In 2024, Yizhiming's injection molding machine sales revenue is projected to be 3,555.20 million yuan, representing a year-on-year growth of 28.80%, accounting for 70.22% of the company's total sales [1]. - The company's export revenue is expected to reach 1,394.56 million yuan, with a year-on-year increase of 27.45%, supported by the establishment of multiple overseas factories and service centers [1]. - Research and development expenses for 2024 are estimated at 245.86 million yuan, which is 4.86% of total revenue, indicating a strong commitment to R&D [1]. Group 2: Industry Focus - The primary downstream industry for Yizhiming is the automotive sector, while the 3C, home appliance, and daily necessities industries are also showing steady growth [1]. - The company's intelligent manufacturing solutions are highlighted, with its third factory's automation level being recognized as advanced within the industry [1]. - The revenue from the U.S. market constitutes less than 3% of total revenue, suggesting minimal impact from fluctuations in that market [1].