WOER(SZ:002130)2024-09-11 09:57Group 1: Company Overview - The main business of the company includes the research, development, manufacturing, and sales of polymer radiation-modified new materials and a series of electronic, electrical, and wire products [2] - The company operates in four main business segments: electronics, electricity, wires, and new energy, with a broad downstream market for each segment [2] Group 2: Financial Performance - In the first half of 2024, the company's revenue reached CNY 309,539.58 million (unaudited), representing a year-on-year increase of 22.16% [3] - The net profit attributable to shareholders of the listed company was CNY 41,942.29 million (unaudited), showing a growth of 43.04% compared to the same period last year [3] Group 3: Product Development and Market Position - The company has received orders for its 224G high-speed communication cables, which currently represent a small proportion of overall sales [3] - The company aims to enhance product yield through process improvements, equipment upgrades, and automation [3] - The main clients for high-speed communication cables include Amphenol, Hualis, and Molex [4] Group 4: Production Capacity and Technology - The company has over 200 winding machines and nearly 20 core wire machines for high-speed communication cables, with plans for capacity expansion dependent on key equipment procurement [5] - The production process for high-speed communication cables is complex, requiring strict control over production equipment to maintain high transmission rates and quality stability [4] Group 5: Future Outlook - The company is optimistic about future growth, focusing on new materials, new energy, and intelligent manufacturing, aligning with national development strategies [5] - The company has established a governance structure with clear responsibilities among shareholders, the board, and management, ensuring effective decision-making and operational efficiency [6]