Core Viewpoint - QYResearch is a global market research and consulting firm that emphasizes localized insights and a globalized team approach to understand industry ecosystems across different countries [1][3][10]. Group 1: Company Overview - Founded in 2007, QYResearch has published over 100,000 industry reports and served over 60,000 clients across various sectors including machinery, energy, automotive, chemicals, and electronics [1]. - The company operates in major economies with local offices and research teams in countries such as China, the USA, Japan, South Korea, Germany, India, Canada, and Indonesia [3]. Group 2: Globalization and Localization - QYResearch's global team is embedded in local industries, with researchers familiar with local languages, policies, and business cultures, allowing for accurate representation of local insights in research [3]. - The company emphasizes that "localization" goes beyond language translation to include a localized research perspective, considering factors like regulatory environments and cultural preferences [4]. Group 3: Data Infrastructure - QYResearch has built a robust data and knowledge network, tracking global industry associations, customs, and industry databases to monitor trade flows and market dynamics [7]. - The firm employs a three-tier validation mechanism involving questionnaires, in-depth interviews, and expert reviews to ensure data reliability [7]. Group 4: Service Matrix - The company offers a range of services from standardized industry reports to customized research projects, supporting clients in decision-making processes regarding market entry and strategy [9]. - QYResearch has evolved its projects from one-time studies to long-term collaborative efforts, continuously updating industry insights based on market changes [9]. Group 5: Brand and Culture - QYResearch prioritizes a culture of client-centricity, rigor, and independence, aiming to provide reliable insights that help clients navigate uncertainties in their business environments [10][11]. - The firm believes in the importance of accountability to data sources, industry integrity, and team collaboration to enhance collective learning from each project [11].

Group 1: Company Performance Overview - In the first half of 2025, the company achieved a revenue of 1.196 billion CNY and a net profit of 112 million CNY, reflecting a slight decline due to the downturn in the North American electric vehicle market [3] - The gross profit margin for the first half of 2025 was 23.92%, an increase of 0.36% compared to the same period last year, primarily due to a decrease in revenue contribution from lower-margin products [5] - The revenue structure for the three main business segments in the first half of 2025 showed that ODM contributed nearly 65%, while automotive displays accounted for over 28% [4] Group 2: Strategic Plans and Adjustments - The company plans to adjust its strategies across three main business segments: ODM, OBM MicroTouch™, and smart cockpit, to promote collaborative development [3] - There is a focus on enhancing the global manufacturing system and core competitiveness, as well as improving core technology R&D capabilities [3] - The company aims to build an efficient global team to expand and maintain its global customer base [3] Group 3: Production and Capacity Expansion - The first factory in Thailand has successfully entered mass production, primarily serving North American electric vehicle manufacturers [7] - The company plans to continue expanding production capacity in Thailand and may consider expanding production in Europe and the U.S. based on macroeconomic changes and customer needs [7] Group 4: Market Outlook and Orders - The company’s orders for the second half of 2025 are in line with expectations, and management is committed to overcoming challenges such as U.S. tariffs and increased market competition to meet revenue targets for the year [8] - The share of all-in-one machines in the commercial display segment has steadily increased, reaching nearly 47% in the first half of 2025 [9] Group 5: Brand Development and Client Acquisition - The company has made significant investments in marketing and brand building for its proprietary brand, MicroTouch™, which has led to increased brand recognition and a robust client reserve [10] - The business strategy has shifted from a "channel-centric" approach to a "product-centric" approach, successfully securing orders from several globally recognized enterprises [10]