Group 1: Financial Performance - In Q3 2024, the company achieved a revenue of 425 million CNY, representing a year-on-year growth of 31.60% and a quarter-on-quarter growth of 70.79% [2] - The net profit attributable to shareholders was 41.71 million CNY, with a year-on-year increase of 11.07% and a quarter-on-quarter increase of 44.27% [2] Group 2: Client Relationships and Collaborations - The company maintains a long-term stable partnership with Xiaomi, supplying thermal management products for their consumer electronics and automotive products [2] - North American major client orders have significantly increased, with expectations to further enhance market share in 2024 [2] Group 3: Product Development and Market Strategy - The company has developed a comprehensive range of thermal management products, including graphite heat sinks, heat pipes, and thermal pads, to meet diverse cooling needs [2] - New product lines in cooling fans, liquid silicone, electronic glass, and automotive adhesives have been established, with some already in mass production and sufficient orders [3] - The company is optimistic about 2024's overall performance, focusing on expanding into sectors like laptops, communications, new energy vehicles, and photovoltaic energy storage [3] Group 4: International Expansion and Investment - A wholly-owned subsidiary has been established in Vietnam with an investment of 35 million USD for a thermal product project, with land acquisition and construction progressing smoothly [3] - The company is actively pursuing overseas market opportunities to enhance client share and product profitability [3]
思泉新材(301489) - 2024年10月30日-31日投资者关系活动记录表