EFORT(SH:688165)2024-06-18 10:13Group 1: Market Insights - In 2024, the company's product sales are expected to grow, with significant contributions from the automotive and automotive parts industry, estimated to account for about 30% of the increase [3] - The company's robot product sales in 2023 were distributed across various industries: 55% in photovoltaic, 20% in general industry, 16% in 3C electronics, 8% in automotive and automotive parts, and 1% in lithium battery [4] Group 2: Strategic Focus - The company aims to deepen its presence in specific segments of the general industrial market, leveraging benchmark applications to create demonstration effects [4] - A new holding company, Qizhi Technology, was established to accelerate the development of general-purpose intelligent robot platforms, enhancing the adaptability of robots to various scenarios [5] Group 3: Performance Metrics - In Q1 2024, the company's robot sales increased by nearly 50% compared to the same period last year, and financial performance showed a reduction in losses by nearly 50% [6] - The company has achieved near-complete autonomy in its controller production by 2023, with only a small number of models still using foreign brands due to customer habits [7] Group 4: Future Directions - The company is exploring international markets by following customers abroad and leveraging partnerships, with strategies including promoting products through a European subsidiary [7] - There are ongoing attempts to integrate artificial intelligence with robotics to address production programming challenges, although there are currently no plans for humanoid robots [8] Group 5: Shareholder Communication - The company acknowledges the impact of market fluctuations on its stock price and emphasizes a focus on long-term stable development and enhancing core competitiveness [8]