Junhe(603617)2024-09-09 07:37Group 1: Financial Performance - The company's net profit for the first half of 2024 increased by 154.48% year-on-year, primarily due to the recovery in overseas markets and a high level of orders [1] - The production and sales volume, as well as gross profit margin, have effectively improved compared to the previous year [1] Group 2: Market Distribution and Expansion - In 2024, the company established five hardware and electrical warehousing centers in various domestic locations, including Ningbo and Changchun, to enhance product and service quality [2] - The company has expanded its international sales coverage to regions including Europe, America, Oceania, and Asia, with a planned investment of 200 million RMB in Thailand for establishing a foreign company and new facilities [2] Group 3: Technological Advancements - The company is implementing smart manufacturing and digital factory strategies, enhancing automation rates and operational efficiency through the integration of new technologies such as AI and 5G [2] - A comprehensive digital management system has been established, including MES, ERP, PLM, CRM, and APS, to achieve end-to-end connectivity across the value chain [2] Group 4: Research and Development - The company has enhanced its independent innovation capabilities in product R&D, focusing on new products such as high-lift water pumps and lithium battery cleaners [3] - In the first half of 2024, over 60,000 units of the newly developed high-efficiency lithium battery cleaner were sold, generating sales revenue of over 15 million RMB [3]