WOTE(SZ:002886)2024-10-31 11:25Financial Performance - In the first three quarters of 2024, the company's revenue increased by 16.29% year-on-year [1] - The net profit attributable to shareholders, excluding non-recurring gains and losses, grew by 41.69% year-on-year [1] - The gross profit margin for the LCP business improved significantly due to the resolution of raw material issues [1] Business Development - The company has seen significant revenue growth in special polymer materials, including LCP, PPA, and PPS [1] - The acquisition of a semiconductor business has started to show positive results in Q3 [1] - The first phase of the PEEK resin production line has entered trial production, with a formal production license application in progress [1] Research and Development - R&D investment in the first three quarters of 2024 was nearly 6% of revenue, focusing on low-altitude economy, high-frequency communication, and medical fields [2] - The company emphasizes continuous investment in technology innovation and product development to meet future customer needs [2] Global Expansion - The company is actively pursuing global business layout, including the acquisition of Watte Huanben and establishing a base in Vietnam [2] - This global strategy aims to enhance the company's market presence in the semiconductor and new energy sectors [2] - Localizing operations helps better meet overseas customer demands and reduces production costs [3]