Financial Performance - Q3 2024 revenue: 78,981,554.57 yuan, an increase of 11.49% YoY [1] - Q3 2024 net profit: 22,642,898.12 yuan, a decrease of 16.09% YoY [1] - Cumulative revenue for the first three quarters of 2024: 208,661,498.99 yuan, an increase of 5.36% YoY [1] - Cumulative net profit for the first three quarters of 2024: 52,656,144.73 yuan, a decrease of 34.02% YoY [1] - Q3 gross margin slightly recovered due to the completion of low-margin die-cutting projects [2] Industry and Market Trends - Weak recovery in the consumer electronics industry in the first half of 2024 [1] - Gradual rebound in demand for smart terminals [1] - Revenue growth aligned with industry trends, showing slow adjustment [1] Strategic Developments - Optimization of customer structure in 2024 [1] - Vietnam facility operational since March 2024, with Q3 customer certifications and small-scale local shipments [2] - Thailand project progressing, with land acquisition and factory construction preparations underway [2] - Temporary rental of local facilities in Thailand for personnel integration and equipment testing [2] R&D and Product Development - Composite copper foil project in Huaian operational since May 2024, with small-scale trial production for lithium battery composite copper foil [2] - Focus on high-frequency electronic copper foil, including PI peelable copper, AI high-frequency copper foil, and COF FCCL, currently in R&D and sampling stages [2] - R&D efforts supported by Taiwan Juhe [2] Operational Updates - Vietnam facility products primarily used in 3C consumer electronics [2] - Thailand project approved by the board and shareholders in August and September 2024, respectively [2]
隆扬电子(301389) - 2024年11月06日 投资者关系活动记录表