GRGTEST(002967)2024-10-29 01:35Group 1: Company Performance - The company achieved revenue growth across all major business segments in the first three quarters of 2024, with integrated circuit testing and data science growing over 30% year-on-year [2] - The gross profit margin improved due to enhanced internal controls and operational efficiency [2] - The company effectively controlled cost growth while increasing capacity utilization, leading to improved gross margins in major business segments [3] Group 2: Business Adjustments - The company integrated and optimized resources in food and environmental testing, resulting in significant reduction of losses in these sectors [3] - Adjustments in product and customer structure for food and environmental testing are underway to prepare for transformation and upgrades [3] Group 3: Market Dynamics - The company's measurement and testing services serve a wide range of downstream industries, with stable growth in orders from special industries and the automotive sector [3] - The company faces pricing pressures in the automotive sector and aims to enhance market expansion efforts to mitigate negative impacts [3] Group 4: Strategic Initiatives - Investment and mergers are key components of the company's future development strategy, focusing on industries such as special equipment, automotive, aviation, and rail transportation [4] - The company is exploring opportunities in the low-altitude economy and enhancing testing capabilities to capitalize on market growth [4] Group 5: Future Projects - The Xi'an base project is a priority for the company, with plans for capacity construction and new technology development in special industries and commercial aerospace [4] - The company has established a satellite internet performance testing laboratory, focusing on the development of high-precision positioning technology applications [4]