AHTHGC(000901)2024-09-02 09:24Group 1: Financial Performance - The company's revenue for the first half of 2024 was 3.317 billion yuan, a year-on-year increase from 3.078 billion yuan, representing a growth of approximately 7.8% [3] - The net profit attributable to shareholders was 3.9333 million yuan, down from 26.2597 million yuan in the previous year, indicating a decline of about 85% [3] - The decline in profit was primarily due to foreign exchange losses in the automotive electronics sector and reduced contract pricing in the aerospace application business [3][4] Group 2: Business Development and Strategy - The company is focusing on enhancing the value of its aerospace application business and exploring new market opportunities [2] - There is an emphasis on establishing a "big market" model for aerospace application products, including accelerometers and optical components [2] - The company aims to improve its operational capabilities and industry development potential while optimizing its business structure [4] Group 3: Market and Investor Relations - The company is committed to maintaining investor confidence and ensuring reasonable returns for shareholders [3] - It emphasizes the importance of market valuation as a reflection of intrinsic value and is actively engaging in market communication to convey its true value [3] - The company has no current plans for stock buybacks but is focused on long-term value management [3] Group 4: Technological Advancements - The company is making significant progress in the development of products for new energy vehicles, particularly in the automotive electronics sector [4] - The AIRIOT IoT platform is being developed to provide comprehensive solutions across various industries, covering over 30 sectors [5] - The company is leveraging big data for its vehicle networking applications, enhancing its competitive edge in several provinces [5]