Shenyang Yuanda Intellectual Industry (SZ:002689)2025-04-30 09:22Group 1: Company Overview and R&D - The company has a research and development team consisting of 8 master's degree holders, with 1 from a 985 engineering university [3] - As of the reporting period, the company holds 102 patents in elevator manufacturing, including 20 invention patents, 73 utility model patents, and 9 design patents [3] - The company aims to enhance its R&D capabilities and establish a national-level enterprise technology center [3] Group 2: Market Strategy and Business Development - The company is focusing on increasing investment in smart technology R&D to achieve intelligent transformation of production processes [3] - The company plans to develop smart elevator products and related systems, integrating energy-saving, environmental protection, and intelligent technologies to enhance product competitiveness [3] - The export business accounts for 47.67% of the company's total revenue for the 2024 fiscal year [3] Group 3: Financial Performance and Challenges - The company reported a decrease in revenue in the first quarter, attributed to reduced expenses and increased investment income [4] - Increased sales expenses were noted despite a decline in revenue, due to intensified competition in the elevator market and the time required to convert orders into revenue [4] - The company is implementing lean production management to improve efficiency and reduce costs, aiming for stable development and greater shareholder value [4]