SINEE(SH:688395)2024-12-04 07:35Group 1: Acquisition and Integration - The acquisition of Tenghe Precision Motor (Suzhou) Co., Ltd. involves a process of preliminary research, expression of intent, feasibility analysis, due diligence, negotiation, and disclosure. This acquisition aims to enhance the company's servo motor self-manufacturing capabilities and improve its competitive edge in the market [2][3] - The integration of sales, technology, and supply chain teams from both companies is expected to further enhance the company's R&D capabilities, asset quality, business scale, and profitability [2][3] - Future acquisition plans will depend on the company's strategic planning and market conditions, with measures in place to mitigate risks such as investment losses and goodwill impairment [3] Group 2: R&D Investment and Competitiveness - As of Q3 2024, the company's R&D investment reached CNY 29.72 million, an increase of CNY 6.44 million year-on-year, representing a growth of 27.64%. This accounts for 10.67% of total revenue, up by 2.75 percentage points from the previous year [3] - The company's R&D team is characterized by strong technical backgrounds, innovative capabilities, and efficient organizational structures, with ongoing talent development initiatives [3] Group 3: Order Management and Customer Relations - The company currently has a stable order situation and is able to meet customer delivery needs promptly. New high-quality customers have been developed in industries such as air compressors, oil fields, logistics, and wire cutting, laying a solid foundation for future business growth [3] - Measures to strengthen accounts receivable management include establishing a customer credit assessment system, enhancing daily monitoring of receivables, and implementing a clear rewards and penalties system for collection efforts [3] Group 4: International Expansion - In Q3 2024, the company began to realize bulk or small batch orders from overseas markets, achieving significant sales growth in key markets such as the Middle East, India, and South America [4] - Plans for 2025 include expanding the overseas sales team and considering the establishment of business and service points abroad based on actual business development [4] Group 5: Equity Investment Strategy - The company's equity investment strategy involves careful consideration of development strategies and business needs, focusing on the upstream and downstream of the industry chain. Investments will be selected based on investment goals, risk preferences, and market conditions [5] - The company aims to adapt its investment strategies flexibly in response to market dynamics and seize optimal investment opportunities as new developments arise in the equity investment field [5]