Group 1: Company Performance and Strategy - The company has experienced annual growth before going public, but performance has been suboptimal post-IPO due to the cyclical nature of the flat panel display industry and capital expenditure fluctuations [3] - Future strategies include focusing on new display technologies, semiconductor equipment, and expanding product categories to enhance market share and competitiveness [3] - The company aims to achieve breakthroughs in flexible OLED production, VR/AR/MR display development, and Mini/Micro LED technology commercialization [3] Group 2: Recent Developments and Orders - In Q3 2025, the company secured projects, but the amounts did not meet disclosure standards [4] - The company’s subsidiary has received orders for micro-assembly equipment applicable to certain optical module components [4] Group 3: Shareholder and Investment Insights - The recent share transfer to Qianji Investment was based on confidence in the company's long-term value, with a commitment to not sell shares for 12 months post-transfer [4] - The company is open to exploring mergers and acquisitions to enhance its strategic position and resource integration [4] Group 4: Market Conditions and Stock Performance - The company acknowledges the recent decline in stock price, attributing it to various external factors, while emphasizing stable operations and ongoing efforts to enhance competitiveness [5] - The company will disclose any stock repurchase plans in a timely manner, encouraging investors to maintain confidence [5]

Core Viewpoint - Yitian Co., Ltd. (300812) focuses on providing specialized equipment and overall solutions for flat panel displays and semiconductor devices, aiming to replace imports with domestic products to reduce costs and improve efficiency for clients [1] Product Categories - The main product categories include LCD display equipment, flexible OLED display equipment, VR/AR/MR display equipment, Mini/MicroLED equipment, traditional packaging equipment, and advanced packaging equipment [1] - These products are widely applicable in the production of display components for consumer electronics such as mobile phones, tablets, automotive displays, computers, televisions, commercial displays, and wearable devices [1]