11月25日晚间科森科技（603626）公告，因业务发展需要，公司拟在马来西亚投资新建生产基地，满足 境外客户的订单需求。 该公司消费电子产品包括智能手机、笔记本电脑、平板电脑、智能穿戴、智能音箱、加热不燃烧电子烟 结构件、VR等终端产品的外壳、中框、中板、按键、标志、转轴（铰链）组装等；医疗器械产品包括 手术刀、骨钉、心脏起搏器等终端产品所需结构件；储能产品主要为PACK模组产品等。 2025年前三季度，科森科技业绩延续亏损，期内实现营业收入24.53亿元，同比下滑6.45%；归母净利润 亏损1.15亿元，同比增长50.94%。 对于业绩亏损原因，该公司在2025年半年报中曾阐述，部分新产品处于量产爬坡阶段，产品毛利不及预 期；为突破技术瓶颈，争取更多的市场订单，公司研发费用保持较高投入。 该公司以全资子公司科森科技（新加坡）有限公司（下称"新加坡科森"）作为路径公司，在马来西亚柔 佛州设立森创力精密工业（马来西亚）私人有限公司（暂定名，最终以实际注册登记为准，下称"马来 西亚公司"）。公司本次拟投资金额为3000万美元，实际投资金额以中国及当地主管部门批准金额为 准。 据披露，马来西亚公司经营范围包括精密 ...

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].