HMD(002947)2025-01-20 08:46Group 1: Production and Capacity - The company reported a strong order backlog during the fourth quarter of 2024, indicating a robust production environment [2] - Current capacity utilization is positive, with ongoing expansion plans in Suzhou, Huizhou, and Vietnam to meet future demands [2] - The establishment of a factory in Vietnam aims to mitigate international risks and enhance service to Southeast Asian supply chains [3][4] Group 2: Risk Management and Strategic Planning - The company has proactively planned to avoid potential risks from international instability by diversifying its operations and strengthening partnerships with global clients [3][4] - A strategic layout has been implemented globally, particularly in Vietnam, to reduce risks associated with tariff fluctuations [4] Group 3: Shareholder Returns - The company emphasizes a sustainable dividend policy, aiming to balance business growth with shareholder returns [5] - A shareholder return plan for 2023-2025 has been established, focusing on reasonable investment returns based on the company's development stage [5] Group 4: Future Growth Areas - The company sees potential in three key sectors: consumer electronics, communications, and renewable energy, with plans to deepen collaborations and expand market reach [6] - In the consumer electronics sector, the company leverages its strong R&D capabilities and established relationships with well-known clients to capitalize on market demand [6] - Collaboration with leading companies in the renewable energy sector is expected to create new growth opportunities [6]