Tongda Electric(603390)2024-11-19 10:13Group 1: Financial Performance - The company's Q3 revenue increased by 27.57% year-on-year, driven by a recovery in the bus market and increased demand for orders from downstream customers [4] - Revenue from the mobile medical business grew approximately 495% compared to the same period last year [4] Group 2: Product Development and Market Expansion - The company plans to enhance the development of application platforms for regulatory departments, focusing on vehicle data and emergency decision-making systems [6] - The company is currently involved in upgrading the big data monitoring platform for new energy smart vehicles in Guangzhou, although this segment still represents a low proportion of total revenue [6] Group 3: International Market Strategy - The primary overseas markets for the company's products are currently in Asia, specifically Vietnam and Saudi Arabia, with no immediate plans to enter the U.S. market [6] - The company aims to conduct market research and expansion along the Belt and Road Initiative and in select South American countries, while also strengthening cooperation with international public transport organizations [6] Group 4: Risk Management - The company acknowledges the potential impact of increased tariffs on Chinese products by the U.S. on its overseas market expansion efforts [6] - The revenue from direct export models remains low, highlighting the need for investors to be aware of investment risks [8]