Group 1 - Ming Sheng Asset Management recently conducted research on a listed company, Beilong Precision, which is recognized as a national manufacturing champion in the field of precision structural components for mobile phone cameras [1] - Beilong Precision has a strong market position and serves major clients such as Sunny Optical, Amphenol, Samsung Electro-Mechanics, and TDK Group, with products widely used in various smartphone brands [1] - The company is actively involved in supplying precision structural components for VR glasses through Sunny Optical and is engaged in the R&D and development of related components for R glasses [1] Group 2 - Beilong Precision's sales revenue typically peaks in the third and fourth quarters due to seasonal industry effects, with sales usually exceeding the first half of the year [1] - The company's product range includes components for both smart and non-smart mobile phones, covering camera modules, motor structural components, wearable devices, smart home products, and automotive electronics [1] - In 2024, Beilong Precision's sales revenue from VCM motors is projected to reach 68.8771 million, representing a year-on-year growth of 235.70% [1]