KDXC(SZ:002669)2025-01-06 10:05Group 1: Business Strategy and Adjustments - The purpose of the equity transfer of Cai Jing Optoelectronics is to focus resources on inorganic semiconductor materials, including ITO targets and CMP polishing liquids, to enhance operational efficiency and profitability [2] - The company aims to establish a new adhesive materials production base in Thailand to meet overseas customer demands and enhance international business capabilities [5] Group 2: Financial Performance and Challenges - The company's performance in Q3 2024 is impacted by the trial production phase of a new adhesive production base, leading to increased costs affecting current profits [3] - The absence of a one-time gain from the acquisition of Chengdu Saiying Technology Co., which generated approximately 45 million yuan in the previous year, has negatively affected revenue [3] - Increased operating expenses compared to the previous year have also contributed to the financial challenges faced [3] Group 3: Subsidiary and Product Development - Saiying Technology, a wholly-owned subsidiary, specializes in microwave integrated circuits and radar systems, serving sectors like aerospace and digital communication [6] - The ITO target products developed by the subsidiary Weixin Technology are being tested for production, with a capacity of 30 tons per year [7] Group 4: Market Value Management - The company has implemented share buyback plans and increased shareholding by major stakeholders as part of its market value management strategy [8] - Future efforts will focus on enhancing company value through strategic design, operational improvements, and investor relations [8]