HGTECH(000988)2024-10-27 07:32Financial Performance - The company achieved a consolidated revenue of 9.002 billion yuan, a year-on-year increase of 23.42% [8] - The net profit attributable to shareholders reached 938 million yuan, up 15.19% year-on-year [8] - In Q3 alone, revenue was 3.8 billion yuan, reflecting a significant growth of 67.49% year-on-year, with net profit at 313 million yuan, a 34.7% increase [8] R&D Investment - R&D investment for the first three quarters of 2024 totaled 614 million yuan, marking a 26% increase year-on-year [8] - The company emphasizes innovation as a key driver for growth, focusing on high-quality talent and innovative platforms [8] Business Segments Perception Business - Revenue from the sensor business within the perception segment was 2.506 billion yuan, a 10% increase year-on-year [9] - The company is expanding its product offerings in temperature, pressure, humidity, and gas sensors, aiming to build a comprehensive sensor ecosystem [10] Optical Connectivity Business - Revenue for the optical connectivity segment reached 3.472 billion yuan, a 52% increase year-on-year [9] - The company has developed a full range of optical modules, including the latest 1.6T optical module products [9] Laser and Intelligent Manufacturing - This segment generated 2.655 billion yuan in revenue, up 18% year-on-year [9] - The focus is on AI-enabled solutions for smart manufacturing, with significant growth in the automotive and shipbuilding sectors [10] International Expansion - The company is actively increasing its global operations, with factories in Vietnam and Thailand already operational [8] - Plans for further international expansion include establishing bases in Turkey and Hungary [8] Market Outlook - The company aims to enhance its international business capabilities and maintain effective cost control [10] - Future growth is expected in emerging markets and high-end sectors, particularly in electric vehicles and AI industries [10]