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松霖科技半年报预告解读:短期承压不改长期向好,战略投入夯实未来增长基础

Core Viewpoint - Songlin Technology (603992.SH) achieved a record profit of 446 million yuan in 2024, and is focusing on the robotics sector in 2025 despite facing short-term external pressures and a decline in revenue from key sales regions due to macroeconomic factors and international trade policy changes [1] Group 1: Business Developments - The company launched its Vietnam production base in June 2025, enhancing its global layout and mitigating the impact of US-China trade tensions, which opens new export growth opportunities and strengthens the resilience of its global supply chain [2] - Songlin Technology is strategically entering the robotics sector by acquiring Xiamen Weidis Intelligent Motion Systems Co., aiming to leverage combined resources for rapid development in this promising new business area [3] - The company maintains high R&D investment, increasing its expenditure to 225 million yuan in 2024, and holds 1,337 valid domestic and international patents, focusing on innovation in robotics, health technology, and smart kitchen and bathroom products [4] Group 2: Market Performance - The company continues to see strong growth in emerging markets, validating its market expansion strategy, and is committed to its "Three Three One" strategy to explore new markets and customers [5] - The recent profit reduction is attributed to short-term revenue fluctuations and strategic investments, but future growth is expected from the release of Vietnam's production capacity and the development of new health technology and robotics businesses [5]