ZD Leader(002896)2024-12-06 08:51Group 1: Company Performance - The company's revenue for the first three quarters was 74,153.92 million yuan, a decrease of 9.79% compared to the same period last year [2] - The net profit attributable to shareholders was 5,693.73 million yuan, down 0.68% year-on-year [3] - The net profit after deducting non-recurring gains and losses was 4,591.71 million yuan, an increase of 0.20% year-on-year [3] Group 2: Joint Venture and Market Strategy - The joint venture with Yongli Co. aims to develop, produce, and sell electromagnetic rollers and related products, enhancing technical communication and resource sharing [3] - This investment is expected to accelerate market penetration and brand influence of electric roller product lines, ensuring adaptability and leadership in technology and market demand changes [3] Group 3: Industry Demand and R&D Investment - The company's products are widely applicable in robotics, smart logistics, CNC machine tools, and various specialized machinery, with demand closely linked to GDP growth [3] - R&D expenses as a percentage of revenue from 2021 to 2023 were 5.48%, 5.94%, and 6.45% respectively, reflecting a strong commitment to innovation [3] - The company has developed several core technologies in gear reducers and motors, catering to diverse customer needs [3] Group 4: Inventory Management - The company maintains a certain level of inventory for common products and semi-finished goods to ensure timely delivery and adjust production pace [3]