WOER(SZ:002130)2024-11-01 09:07Group 1: Financial Performance - In the first three quarters of 2024, the company's revenue increased year-on-year, driven by growth in electronic products, electric power products, and wire products [1][2] - The revenue from new energy vehicle-related products, such as charging guns, and high-speed communication wires, showed significant growth [2] Group 2: Business Strategy and Market Outlook - The company's business focuses on new materials, new energy, and intelligent manufacturing, aligning with national strategies for high-end consumption and equipment [2] - There is confidence in maintaining a positive growth trend in high-end industries like nuclear energy, new energy vehicles, and data communication [2] Group 3: Product Development and Capacity - The current yield rate for the 224G high-speed communication wire products is stable, meeting customer demand [2][3] - The subsidiary, Letin Zhili, has over 300 winding machines and more than 20 core wire machines, with additional equipment on order to expand capacity [2][3] Group 4: Technological Innovation and Competitive Advantage - The company is focused on continuous technological innovation and product upgrades to enhance market competitiveness [3][4] - High-speed communication wire production has strict technical barriers, particularly in manufacturing processes and equipment requirements [3][4] Group 5: Future Plans and Mergers - Future merger plans will be considered based on strategic alignment, industry development, and business synergy [4]