RoboTechnik(SZ:300757)2025-04-30 01:42Group 1: Company Overview and Performance - The company experienced a decline in revenue and net profit in 2024 due to cyclical impacts in the photovoltaic industry, but implemented proactive market strategies to maintain order quality and avoid losses from project cancellations [3][4]. - The comprehensive gross margin of the photovoltaic business segment improved compared to the previous year, with a slight increase in net profit margin [4]. - In Q1 2025, the company's performance faced further pressure due to prolonged demand shrinkage and supply-demand mismatches in the photovoltaic sector [4]. Group 2: Industry Trends and Market Strategy - The photovoltaic market is currently in a low-level fluctuation phase, with stable development expected only after excess capacity is effectively cleared [4]. - The company plans to expand into the Indian market to support its photovoltaic business segment [5]. - The company is focusing on developing and optimizing its silver-free technology to reduce costs in the photovoltaic battery sector, which shows significant potential [9]. Group 3: ficonTEC Business Development - ficonTEC is positioned to benefit from the rapid growth in demand for silicon photonics and related technologies, with commercial production expected to ramp up in 2026 [6][8]. - The company is transitioning from project management to a product system, focusing on three main product lines: testing products, fiber preform products, and coupling packaging products [7]. - ficonTEC has established a strong knowledge base and proprietary technology, enabling high-precision optical device coupling and testing, which is crucial for maintaining a competitive edge [12][13]. Group 4: Future Outlook and Challenges - The company is confident in the future performance of ficonTEC, supported by a commitment to achieve cumulative net profit targets over the next three years [8]. - The impact of U.S. tariff policies on ficonTEC's export of optical module equipment is minimal, as most deliveries are made to locations outside the U.S. [11]. - The company is actively preparing for domestic production of ficonTEC equipment, with no substantial legal barriers identified [15][16].