TFC(SZ:300394)2024-08-22 14:28Financial Performance - In the first half of 2024, the company achieved operating revenue of 1.556 billion CNY, a year-on-year increase of 134.27% [3] - In Q2 2024, the operating revenue was 824 million CNY, with a quarter-on-quarter growth of 12.66% [3] - The net profit attributable to shareholders in the first half of 2024 was 654 million CNY, representing a year-on-year growth of 177.20% [3] - In Q2 2024, the net profit attributable to shareholders was 375 million CNY, with a quarter-on-quarter increase of 34.58% [3] Operational Efficiency - The company is continuously improving lean production, enhancing yield efficiency, and reducing costs [4] - Strengthening production planning and financial management to minimize waste and optimize processes [4] - The overall gross margin, expense ratio, and profit margin have improved compared to 2023, benefiting from high industry demand and favorable exchange rates [4] Production Capacity and Expansion - The company is dynamically adjusting monthly production based on customer demand and material supply [4] - The Thai factory is gradually commencing production, with the first phase already in operation and the second phase expected to be operational by the end of the year [5] - Recruitment for the Thai factory is proceeding as planned, with support from existing production bases in Suzhou, Jiangxi, and Shenzhen [5] Product Development - The company maintains a strong focus on R&D to support new product development for clients, particularly in the CPO-related product line [4] - The types of products produced at the Thai factory will depend on customer needs, including both passive and active products [5]