LY iTECH(002600)2024-12-12 12:22Group 1: Investor Relations Activities - The investor relations activity involved a specific research group with 260 participants visiting the company for on-site communication and exchange [2] - The event took place on December 12, 2024, from 13:00 to 17:00 at the company's location in Dongguan, Guangdong [2] - Key company representatives included the Chairwoman and General Manager, Ms. Zeng Fangqin, and other senior executives [2] Group 2: Company Technology and Competitive Advantages - The company emphasizes its technological advantages in high-efficiency and high-quality development through deep understanding of raw materials and diverse product integration [2] - It has developed various production lines, including die-cutting, stamping, and CNC intelligent workshops, to enhance service capabilities for end brands [2] - The company is committed to lean, data-driven, automated, and green manufacturing practices [2] Group 3: Product Development and Market Applications - The company has developed heat management systems, including heat pipes and cooling modules, for various electronic products such as smartphones and AI-related servers [7] - It provides different materials for VC (Vapor Chamber) heat plates, enhancing cooling efficiency while reducing weight for high-end products [7] - The company collaborates with international consumer electronics brands, maintaining a customer-centric service philosophy [7] Group 4: Recent Mergers and Acquisitions - The company announced plans to acquire 66.46% of Jiangsu Kedasitern Automotive Technology Co., Ltd. through convertible bonds and cash [9] - This acquisition aims to enhance the company's presence in the automotive parts sector, particularly in new energy vehicles [9] - The transaction is expected to create a second growth curve and improve the company's revenue and profitability [11] Group 5: Strategic Synergies and Future Outlook - The acquisition will deepen the company's automotive industry layout and mitigate risks associated with business fluctuations [11] - The company aims to leverage Jiangsu Kedasitern's established customer relationships to expand its market reach [13] - The transaction is anticipated to facilitate overseas expansion and localization strategies in response to global market demands [13]