WOTE(SZ:002886)2024-12-13 10:02Group 1: Financial Performance - In the first three quarters of 2024, the revenue of Water Co., Ltd. increased by 16.29% year-on-year [1] - The revenue for the third quarter of 2024 grew by 23.82%, amounting to an increase of 9,240 million [3] - The revenue for the first half of 2024 reached 807 million, reflecting a year-on-year growth of 12.23% [3] - The net profit for the third quarter of 2024 saw a significant increase of 138.65% compared to the same period last year [5] Group 2: Research and Development - The company has maintained a research and development investment ratio of 6% for two consecutive years [1] - The company is focused on transforming R&D efforts into marketable products, particularly in high-performance polymer materials [2] - Future plans include increasing R&D investment to enhance product technology and meet customer demands [2] Group 3: Market Strategy and Product Development - Water Co., Ltd. aims to expand its market share in sectors such as new energy vehicles, low-altitude economy, and high-speed communication [1] - The company is committed to a platform strategy for specialty high polymer materials, enhancing its competitiveness in the market [2] - The company plans to strengthen its marketing system to improve returns for investors [2] Group 4: Production Capacity and Future Goals - The company has a production capacity of 5,000 tons for LCP synthetic resin, with plans to reach an annual capacity of 25,000 tons upon completion of ongoing projects [4] - The company is actively communicating with relevant departments to ensure the timely production and revenue generation from new production lines [4] - The company is developing a comprehensive operational plan for 2025, including specific revenue and profit growth targets [3]