INVT(002334)2025-04-18 10:40Group 1: Impact of Trade and Market Strategy - The company has a small sales volume in the U.S. market, and the U.S.-China trade war has some impact on its business expansion in the U.S. However, the company plans to mitigate this by strengthening business development in other regions [1] - To ensure supply chain security, the company will enhance strategic inventory and promote domestic alternatives for components sourced from the U.S. [1] Group 2: Product Development and Market Focus - In the data center sector, the company is focusing on green energy solutions and actively developing liquid cooling technology, with related products in the trial phase with small-scale customers [2] - The company is advancing its product innovation in wind power and energy storage by leveraging its technological expertise and exploring industry application opportunities [1] Group 3: Industrial Park Development - The Suzhou industrial park's third phase is under construction, with production expected to commence in the first half of 2026 [3] - The first phase of the Zhongshan industrial park is planned to start production in Q4 2025, while the second phase is still under construction, with a target completion in the second half of 2026 [3] Group 4: Robotics and Automation Applications - The DA series servo products are applied in robotics, with the DA200 series used for precise motion control in smart logistics and automotive battery swap stations, while the DA180 series enhances programming efficiency for SCARA robots [4] Group 5: Profitability in Emerging Markets - In the electric vehicle sector, the company is focusing on commercial vehicles, aiming to deepen strategic partnerships and develop forward-looking products based on customer needs and industry trends [5] - For photovoltaic energy storage, the company plans to enhance product quality and performance through differentiated operations in specific niche markets [5] Group 6: Research and Development Investment - The company emphasizes R&D, with over 30 technical development achievements expected in 2024, focusing on industrial automation and AI technologies [6] - Future innovation will target performance upgrades for automation products, AI applications in predictive maintenance, and technology development in electric power products for the EV and energy storage sectors [6] Group 7: Financial Performance Insights - The company experienced a slight increase in gross margin year-on-year in Q1, but net profit margin declined due to factors including operating income and cost expenses [6] - The management aims to improve internal operational efficiency and overall profitability to enhance returns for investors [6] Group 8: Share Buyback Plans - The company remains confident in its future development and plans to complete the remaining share buyback based on stock price performance and overall market conditions [7]