BSCTECH(SZ:300951)2024-12-12 11:35Group 1: Business Development and Strategy - The company has made expected progress in its intelligent automation equipment business, focusing on consumer electronics and smart wearables for future development [1] - In response to declining performance, the management has implemented measures to enhance operational conditions and profitability, including improving R&D technology and expanding customer base [1][2] - The company is actively exploring new markets and customers, particularly in smart wearables, smart home, and new energy sectors [2] Group 2: Financial Performance and Market Position - The company aims to strengthen its market share and drive sustainable high-quality development despite facing intensified market competition [2][3] - The financial status for 2024, including revenue and net profit, will be disclosed in regular reports, indicating a focus on maintaining stable cash flow and debt levels [4] - The company has not relocated from Shenzhen and is expanding its operational investments, with production expected to commence in Q3 2025 [2][4] Group 3: R&D and Product Development - Significant R&D investments are being made in the smart wearable sector, with expected positive impacts on future growth [4] - The company has established new customer collaborations through product R&D, which is anticipated to drive new growth momentum [4] - The company continues to diversify its product offerings and enhance its core products to meet evolving customer needs [3][4]