Core Viewpoint - The company, Daili New Materials, is expanding its operations in the consumer electronics sector by establishing a joint venture with Bern Precision, aiming to enhance precision manufacturing capabilities through innovative diamond wire cutting technology [1][2][4]. Group 1: Joint Venture and Expansion - Daili New Materials plans to invest 45 million yuan in a joint venture with Bern Precision, holding a 90% stake in the new company located in Huizhou [1]. - The establishment of a subsidiary in Liuyang is also part of the strategy to expand into the consumer electronics market, focusing on glass processing using advanced diamond wire cutting techniques [2][4]. - The collaboration with Bern Precision is built on a decade-long partnership, where Daili has supplied diamond wire materials to Bern and other major clients [2][4]. Group 2: Market Trends and Strategic Intent - The trend towards "fine wire" and "thin sheet" processing aligns with the increasing demand for precision in consumer electronics, which Daili aims to meet with its diamond wire technology [3][6]. - The partnership with Bern Optical Group, a leading supplier in the glass panel market, provides Daili with opportunities to integrate into high-demand supply chains, particularly for major smartphone brands [3][6]. - Daili's strategic shift towards consumer electronics is seen as a necessary move to counteract declining revenues and profits, with a reported revenue drop of 57.63% and a net loss of 244 million yuan in 2024 [5][6]. Group 3: Future Outlook - The establishment of the Huizhou subsidiary and Liuyang branch is expected to enhance market development, reduce operational costs, and improve customer service efficiency [6]. - Daili New Materials aims to leverage its expertise in diamond wire technology to penetrate new markets, particularly in consumer electronics and semiconductors, as part of its long-term growth strategy [4][6].
岱勒新材新设两工厂,加速布局消费电子行业