Group 1 - The company held an online investor relations event on September 19, 2025, to discuss key business developments [1] - The factory in Thailand is currently under renovation and is expected to be operational in Q1 2026 [1] - The Bay Area headquarters is anticipated to commence operations in Q4 2025, focusing on the production of various transformers and precision control equipment [1] Group 2 - The newly established subsidiary, Guangdong Weizhi Robot Manufacturing Co., Ltd., aims to enter the robotics sector, specializing in automated production of high-value magnetic components [1] - If fully operational, the new factories in the Bay Area and Thailand are projected to double the company's output [2] - The company's strategic expansion and business development plans are expected to attract market attention [2]

证券代码：301577 证券简称：美信科技 编号：2025-008 | | 特定对象调研 分析师会议 媒体采访 业绩说明会 | | --- | --- | | 投资者关系活动类别 | 新闻发布会 路演活动 | | | 现场参观 其他 | | 参与单位名称及人员姓名 | 参加 2025 年半年度网上集体接待日活动的投资者 | | 时间 | 年 月 日 2025 9 19 | | 地点 | 线上（全景路演） | | 上市公司接待人员姓名 | 董事会秘书 王丽娟 | | | 财务总监 刘满荣 | | | 交流主要内容如下： | | | 1、你好，请问公司东南亚建厂目前进度？ | | | 【回复】您好，感谢关注！公司在泰国设立的工厂目前在装 | | | 修阶段，预计 2026 年一季度投入使用。谢谢。 | | 投资者关系活动主要内容介绍 | | | | 2、问下公司大湾区厂区具体投入使用时间，主要生产哪些产 | | | 品？对公司业绩影响几何？ | | | 【回复】您好，感谢关注！公司湾区总部预计今年第四季度 | | | 投入使用，主要生产网络变压器、片式绕线电感、RF 射频变 | | | 压器、BM ...

Core Viewpoint - Meixin Technology (301577) reported a revenue increase of 2.98% to 205 million yuan in the first half of 2025, driven by an 8.71% growth in signal magnetic components despite market pressures in downstream industries [1] Group 1: Business Performance - The signal magnetic components business, a key revenue driver, achieved 148 million yuan in revenue, growing 8.71% year-on-year, benefiting from advancements in high-end sectors such as 5G communication and AI servers [1] - The company’s high-end products, including 2.5G, 5G, and 10G network transformers, gained market share, contributing to an increase in gross margin that outperformed the industry average [1] - The power magnetic components segment faced short-term pressure due to customer price reductions and customization demands, but the company is implementing cost control and inventory management measures to adapt to small-batch customization needs [1] Group 2: R&D and Production - Meixin Technology emphasized its "R&D-driven" approach, with R&D investment reaching 12.5 million yuan, a 1.5% increase, focusing on high-value products and smart manufacturing [2] - The company has upgraded its production lines to automation, transitioning from labor-intensive methods to automated manufacturing for network transformers and achieving fully automated production for chip inductors [2] - A rapid response mechanism has been established to enhance customer engagement, including a technical service network and a quick sample line to meet customer specifications efficiently [2] Group 3: Financial Health and Expansion - As of June, the company’s total assets reached 1.088 billion yuan, a 1.89% increase from the previous year, with a net cash flow from operating activities of 28.86 million yuan [3] - The efficiency of funds raised from the initial public offering is notable, with significant investments in the new factory in Dongguan, which is nearing completion [3] - The company is preparing to accelerate its overseas expansion with a factory in Thailand, aiming to strengthen its presence in Southeast Asia and enhance its global supply capabilities in the context of the "5G + AI + New Energy Vehicles" industry trends [3]