Kunshan GuoLi Electronic Technology(SH:688103)2024-09-26 09:52Group 1: Business Performance and Growth - The company's revenue from the new energy vehicle and charging facilities sector has shown significant growth due to increased downstream demand and market share [2][3]. - In the first half of 2024, the company's R&D expenses amounted to 37.49 million, accounting for 11.37% of operating income, which is an increase of 6.4% compared to the same period last year [3][4]. - The company has achieved a 9.55% investment progress in the new energy direct current contactor expansion project and an 8.92% progress in the wind-solar storage and flexible direct current distribution contactor production project as of June 30, 2026 [6]. Group 2: Strategic Initiatives - The company is focusing on optimizing its industrial layout and structure, enhancing R&D investment to improve product competitiveness and technological leadership [3][4]. - To maintain product gross margins amidst fierce market competition, the company will implement lean management practices and optimize internal operations [3][4]. - The company plans to expand its international market presence by aligning with overseas customer strategies and enhancing its global production and sales network [7]. Group 3: Product Development and Innovation - The company has applied for 22 patents and received 23 authorized patents in the first half of 2024, with a total of 50 invention patents, 159 utility model patents, and 22 design patents [4]. - The company is actively developing high-performance vacuum capacitors and high-voltage direct current contactors, with successful batch deliveries to high-end customers in the semiconductor industry [4][5]. - In the semiconductor equipment manufacturing sector, the company aims to enhance its core technology level and explore new commercial opportunities for R&D projects [5]. Group 4: Market Adaptation and Future Plans - The company is adjusting its traditional energy business to adapt to market changes, focusing on mid-pressure and low-pressure segments while gradually transitioning to medium-high and high-pressure fields [6]. - In the aerospace and military sectors, the company is committed to providing customized solutions and enhancing its product offerings to meet specific customer needs [4][5]. - The company is also exploring opportunities in the large scientific engineering field, having developed four types of P-band high-power pulse tubes for national projects [7].