Hangzhou Shenhao Technology (SZ:300853)2024-09-06 13:26Group 1: Company Performance - The company reported a total revenue decline in the first half of 2024, primarily due to market conditions, order delivery cycles, and new business segments still in the early commercialization phase [2][3]. - The net profit attributable to the parent company has been negative for two consecutive years, raising concerns about potential delisting risks if profitability does not improve [5]. Group 2: Orders and Deliveries - The company currently holds orders worth 216 million yuan, mainly from smart monitoring and control equipment [2][3]. - Most of the orders are expected to be delivered within the year, subject to project execution and acceptance [4]. Group 3: Stock Buyback and Market Strategy - As of April 1, 2024, the company completed a stock buyback of 3,098,200 shares, accounting for 2.1085% of the total share capital, intended for future employee stock ownership plans or equity incentives [5]. - The company is actively optimizing its expenditures and focusing on R&D projects to promote technology commercialization and application [3]. Group 4: Market Expansion and Future Outlook - The company has established overseas operations in regions such as Hong Kong, Vietnam, and Singapore, with successful trials of inspection robots in Thailand [3]. - Despite current market pressures, the company believes that the demand for artificial intelligence and robotics in industrial applications will gradually increase, and it is adapting its sales strategies accordingly [3].