Core Viewpoint - The company is facing pressure on its performance in 2024 due to industry cycles, but management is optimistic about future growth through technological innovation, product upgrades, and market expansion [1] Group 1: Financial Performance - In 2024, the company's net profit is expected to decline year-on-year due to global economic fluctuations and adjustments in the real estate sector, with the profit drop attributed to reduced revenue scale, lower gross margins, and increased cost pressures [1] - The company has developed targeted improvement plans to address the profit decline [1] Group 2: Market Strategy - In the domestic market, the company will continue to optimize its product structure and develop new products that meet customer needs, such as the floor intelligent measurement robot system [1] - The company is accelerating the global expansion of its brand "Laisai Laser," focusing on solidifying its presence in Europe and North America while actively exploring emerging markets in Asia and Africa [1] Group 3: Research and Development - The company maintains a high level of R&D investment, with R&D expenses remaining among the highest in the industry, laying a solid foundation for technological reserves and product innovation [2] - The rapid development of artificial intelligence (AI) presents new opportunities for the laser measurement industry, with the company exploring the integration of AI into its products to enhance quality and efficiency [2] - The company is developing products suitable for low-altitude economy applications, focusing on technologies like "laser + BeiDou navigation" and "laser + positioning radar" for smart warehousing and logistics [2] Group 4: Defense Applications - The company's products, such as long-range laser rangefinders and clearance instruments, are dual-use for military and civilian applications, although the company does not identify as a military enterprise and has limited involvement in military supply [3] Group 5: Future Outlook - Despite short-term performance pressures, the company demonstrates strong risk resilience through clear strategic planning, focusing on technological innovation and emerging fields like low-altitude economy and AI [3] - The company aims to expand the application boundaries of laser technology, with a commitment to professionalism and internationalization to initiate a new growth cycle [3]

Core Insights - Laisai Laser showcased its innovative strength and brand influence in the laser measurement field at the 38th China International Hardware Expo [1][3] - The company has established itself as a leader in the laser measurement industry, exporting products to over 70 countries and regions [3][12] Product Highlights - Laisai Laser presented a range of core products including laser line levels, laser leveling instruments, laser distance meters, and smart measurement tools, demonstrating its comprehensive layout and technological advantages in the laser measurement sector [6][8] - The new electronic leveling laser line instrument LSG6300 significantly improves leveling speed compared to its predecessor, enhancing construction efficiency for high-precision applications [6] - The UNG6610 laser wall instrument features a lightweight design and has received positive user feedback for its practicality [8] - The LS5220 dual-axis gradient fully automatic electronic leveling laser leveling instrument incorporates Bluetooth control and a metal cover design, improving operational convenience and precision reliability [8] - The newly launched handheld laser distance meter from the green light series achieves level 0 measurement accuracy through reliable hardware and multiple software calibration algorithms [9] Technological Advancements - The introduction of white laser technology is revolutionizing lighting technology, with Laisai Laser developing a series of white laser light sources for various new lighting applications [11] - The company has been a key player in drafting industry standards for laser line and leveling instruments, holding over 80 patents, including more than 10 national invention patents [12] Market Position and Strategy - Laisai Laser's success is attributed to its strict quality control, keen market insight, and precise grasp of technological trends [14] - The company is actively responding to national strategies by integrating laser measurement technology with smart and digital solutions, enhancing its competitive edge [14] Future Outlook - Laisai Laser aims to leverage emerging technologies such as 5G and artificial intelligence to achieve breakthroughs in smart measurement and unmanned operations, providing more precise and efficient solutions for users [15]