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Core Insights - The 34th Plast Eurasia Istanbul exhibition will take place from December 4 to 7, 2024, attracting over 1,400 exhibitors and nearly 70,000 professional visitors, showcasing the latest technologies and solutions in the plastic molding sector [1] Industry Overview - Turkey's plastic industry has an annual production capacity exceeding 10 million tons, with a total output value close to $37 billion, making it a leader in Europe [5] - The Turkish government is supporting green transformation and digital manufacturing, prompting local companies to upgrade injection molding equipment towards smart and low-carbon solutions [6] Company Highlights - Tederic showcased its NEO·T toggle injection molding machine and NEO·E electric injection molding machine, focusing on efficient solutions for the packaging and automotive sectors, receiving widespread attention and high praise [3] - The NEO·T machine features advanced dual-layer linear rail structure, providing stable injection performance with a product quality repeatability of ≤0.5%, suitable for automotive production [8] - The NEO·E machine offers a green injection production environment with a repeatability precision of 0.01 mm and a product quality repeatability of 0.1%, ensuring high compliance rates and dimensional stability [8] - Tederic has established a strong presence in the Turkish market, particularly in the 4,500-ton large injection molding machine sector, gaining a good reputation across multiple industries [13] - Tederic's equipment has excelled in the logistics and packaging sectors, with a strong sales record in large and heavy machines, supported by stable supply capabilities and professional technical support [15]

Core Viewpoint - The company,拓斯达, reported a significant decline in revenue and net profit for 2024, marking its first loss since going public, primarily due to a drastic drop in its smart energy and environmental management systems business, while its core businesses in industrial robots and CNC machine tools showed strong growth [1][4][5]. Revenue and Profit Summary - In 2024, the company achieved revenue of 2.872 billion yuan, a year-on-year decline of 36.92%, and a net profit of -245 million yuan, indicating the first loss since its establishment [1]. - The smart energy and environmental management systems business saw a revenue drop of over 50%, significantly impacting overall profitability [4][5]. Business Performance Analysis - The company's automation application systems business declined by 33.74% due to strategic contraction, while self-produced multi-joint robots experienced a revenue increase of 76.04%, with total shipments exceeding 8,000 units [3][5]. - The industrial robot segment's revenue grew by 12.50%, with a gross margin increase of 3.93 percentage points, and the electric injection molding machine orders surged by 150% [5][6]. Strategic Transformation - The company is undergoing a strategic transformation by focusing on standardized, replicable core products and reducing low-margin, highly customized project-based businesses [3][4]. - The company plans to further shrink its project-based business and adjust subsidiary equity to reduce reliance on the smart energy and environmental management systems business [6][7]. Technological Advancements - The company is committed to developing embodied intelligence and integrating IT with operational technology, aiming to create a seamless connection between the physical and digital worlds [7][8]. - The new X5 motion control platform, which integrates with AI models, has been successfully implemented in the 3C industry, enhancing efficiency by 40% [7][8]. Future Outlook - The company aims to complete a closed-loop chain of "technical breakthroughs, scene implementation, and ecological construction" over the next decade, focusing on solving manufacturing pain points through product definition based on real scenarios [8]. - The first quarter of 2025 showed a continued positive trend, with product business revenue increasing by 8.87%, driven by strong demand in emerging industries [8].