UP OPTOTECH(002338)2024-11-25 07:37Group 1: Market Insights - The domestic substitution rate for high-end machine tools is not progressing as quickly as expected, with foreign products still dominating due to established user habits and stable pricing [2]. - The revenue share from the servo sector remains the largest, despite a shrinking market space in recent years [3]. Group 2: Product Development - Yuheng Optics offers both standard and customizable products, focusing on high-end and customized solutions due to thin profit margins and intense competition [2][3]. - The semiconductor-related products are under accelerated research and testing, supported by technology from Changchun Institute of Optics [3]. Group 3: Business Coordination - The three main business segments (photoelectric measurement and control, grating sensing, and carbon fiber products) have some customer resource synergy but operate relatively independently [3]. - Future strategies include stabilizing existing businesses while exploring batch production and expanding into civilian carbon fiber markets [3].