SCREEN(SH:688053)2024-12-10 07:44Group 1: Company Overview and Meeting Details - Chengdu Sicore Microelectronics Co., Ltd. held a Q3 2024 earnings briefing on December 10, 2024, to discuss operational results and financial status [2][3] - The meeting was attended by key personnel including Chairman Zhang Ya, General Manager Yang Dawei, and Financial Director Li Yabin [2][3] Group 2: Financial Performance - The company reported a R&D investment of 6.3722 million yuan, representing a year-on-year increase of 13.48% and accounting for 14.60% of operating revenue [5] - As of August 22, 2024, the company completed a share repurchase plan, acquiring 1,419,877 shares, which is 1.42% of the total share capital [4][5] Group 3: Market Challenges and Strategies - The military industry is experiencing a phase of adjustment, leading to a decrease in order demand and a significant drop in prices for certain testing services [3][4] - The company plans to enhance customer engagement, improve market planning, and expand its service offerings to maintain profitability [3][4] Group 4: Future Growth and Development - Sicore aims to establish itself as a leading reliability testing platform, focusing on expanding its testing capabilities and R&D efforts [5] - The subsidiary Hainan Guoxing Feice is expected to achieve production capacity of 800-1,000 million yuan by 2025, providing comprehensive testing services for the rocket industry [5]