Core Viewpoint - The article highlights the resilience of Jianyi Group (0638.HK) amidst the challenges faced by other high-value technology stocks, suggesting it may present a potential investment opportunity due to its focus on core manufacturing operations and the cessation of unprofitable ventures [1][6]. Company Overview - Jianyi Group, established in 1981, initially started as a toy manufacturer and expanded into electronics and electrical products in 1992. The company went public in 1997 and has since diversified into micro-motor production and artificial intelligence products [2]. - The company’s production bases are primarily located in Shenzhen and Shixing, Guangdong Province, with additional operations in Dushan, Guizhou. Shenzhen focuses on high-value robotic products, while Shixing supports toy and electronic product manufacturing [2]. Financial Performance - Jianyi Group's revenue has shown a steady increase since 2013, driven by growth in the manufacturing sector [3]. - Despite revenue growth, the company has reported negative net profits in the past two years, primarily due to losses from non-manufacturing ventures, including a real estate project in Guizhou and resource development, which have been terminated [4][5]. Business Strategy - The company has maintained a focus on its core business areas of electronics, electrical products, toys, and motors for 30 years. Non-manufacturing ventures have not yielded profits and have led to losses, but these unprofitable operations have now been ceased [5]. - Jianyi Group announced a turnaround in its financial performance, projecting a return to profitability for the fiscal year ending March 2018, with results expected to be released on June 28, 2018 [5]. Future Outlook - The company is expected to enter a recovery phase for its non-manufacturing business, with the real estate sector anticipated to yield returns starting in 2018 [6]. - The chairman and major shareholder, Zheng Chujie, holds over 65% of the company's shares, which may provide stability against short-selling pressures [6].