UNI-T(688628)2024-10-25 10:25Group 1: Financial Performance - In Q3 2024, the company achieved a year-on-year revenue growth of 21.21% [2] - Revenue growth by segment: General instruments increased by approximately 14%, specialized instruments by about 96%, testing instruments by 36%, and temperature and environmental instruments by 15% [3] Group 2: ODM Business - In Q3 2024, overseas ODM business revenue remained stable year-on-year, showing significant recovery compared to the first half of the year [3] - The company expects rapid growth in the ODM market due to the advancement of new projects [3] Group 3: R&D Investment - The cumulative R&D expenditure for the first three quarters of this year was 80.07 million yuan, an increase of 14.09% compared to last year, accounting for 9.38% of total revenue [4] - Continuous investment in R&D is deemed necessary to ensure product line upgrades and enhance overall competitiveness [4] Group 4: Marketing Strategy - The long-term plan is to transform from a Chinese company to a global company through international marketing networks [4] - Sales offices have been established in Germany, the USA, and Latin America, with the German operations performing well and experiencing rapid growth [4] Group 5: Future Outlook - The company aims to achieve performance targets based on the completion of the equity incentive plan, maintaining a positive outlook [5] - The Vietnam factory, which started operations this year, is expected to be operational by the end of the year pending local government approvals [5]