Core Viewpoint - Yian Technology (300328) announced on November 27 that it is focusing on the development and application of amorphous alloys, which possess unique properties and advantages over traditional materials [1] Group 1: Amorphous Alloys - Amorphous alloys are characterized by a non-crystalline state, differing from the periodic and symmetrical atomic arrangement of conventional metals [1] - The long-range disorder structure of amorphous alloys provides exceptional properties such as high strength, high hardness, high smoothness, corrosion resistance, and wear resistance [1] - Amorphous alloys exhibit superior bending strength, tensile strength, and elastic deformation compared to commonly used materials [1] Group 2: Processing Advantages - The processing methods for amorphous alloys are more efficient than traditional methods, allowing for faster production, fewer post-processing steps, and high precision in mold forming [1] - Amorphous alloys can be produced in bulk, enhancing manufacturing capabilities [1] Group 3: Environmental Impact - The production process of amorphous alloys involves non-toxic raw materials and products, resulting in minimal environmental impact [1] - In an increasingly stringent environmental policy landscape, amorphous alloys offer significant production advantages [1] Group 4: Product Applications - The main products produced by the company include structural components for foldable screen smartphones, wearable devices, door locks, medical equipment, and sports equipment [1] - The company is committed to deepening its existing product areas while continuously exploring the feasibility of applications in other fields [1]

Group 1: Company Performance and Strategy - The company's Q3 performance showed a positive trend, driven by leadership's accurate policy assessment and market trend analysis, focusing on innovation and efficiency improvements [2] - The company emphasizes enhancing its core business while rapidly developing growth-oriented sectors through increased R&D investment [4] - The company is committed to improving shareholder returns by focusing on performance, optimizing business structure, and enhancing communication with investors [7] Group 2: Product Advantages and Applications - Amorphous alloy materials exhibit superior properties such as high strength, hardness, and corrosion resistance, making them preferable over traditional materials [3] - Magnesium alloys are recognized as the lightest metal structural materials, offering significant advantages in weight reduction and energy efficiency for electric vehicles [8] - The company produces various products, including components for foldable smartphones, wearable devices, and medical equipment, while exploring new application areas [3] Group 3: Business Segments and Future Plans - The company has three main business segments: integrated casting of magnesium-aluminum alloys, growth-oriented amorphous alloys, and biodegradable medical magnesium [4] - The company is in the process of registering its first magnesium bone screw, with approval expected to follow regulatory requirements [5][6] - A new factory in Qingxi Changshantou is set to be completed by January 2027, focusing on precision die-casting of light alloys and amorphous alloy components [10] Group 4: Market Expansion and Capital Operations - The company is establishing a subsidiary in Mexico to serve North American automotive clients, with a phased approach to building production capabilities [10] - Future capital operations will be considered to enhance business integration and competitiveness, with timely disclosures to be made as necessary [10]

Company Overview - Beilong Precision Technology Co., Ltd. specializes in precision structural component manufacturing and R&D, focusing on high-value structural components for various industries, including smartphones and automotive electronics [2][3]. - The company officially listed on the Shenzhen Stock Exchange's Growth Enterprise Market in January 2024 [2]. Key Technologies - The IMMT (Insert Molding and Mounting Technology) integrates 3D electronic circuits into micro plastic parts, optimizing traditional manufacturing processes and reducing component count and costs, aligning with trends towards lightweight and compact electronic products [3]. - Currently, IMMT is primarily applied in the smartphone VCM (Voice Coil Motor) sector, with plans to explore its use in additional product areas as industry technology matures [3]. Business Performance - In 2024, VCM motor sales revenue reached 6,887.71 million yuan, reflecting a year-on-year growth of 235.70% [3]. - The penetration rate of periscope motors in the smartphone industry is over 10% as of 2025, indicating significant growth potential [3]. Strategic Direction - The company maintains a balanced approach to growth, emphasizing both organic growth and strategic acquisitions to enhance capabilities and fill gaps [3][4]. - Beilong Precision is open to exploring external acquisitions while focusing on risk control and synergy with its core precision manufacturing business [4]. Investor Communication - The company emphasizes the importance of rational investment and risk awareness among investors, clarifying that discussions during the meeting do not constitute formal commitments regarding future strategies or developments [4].