Wenzhou Yihua (SZ:002897)2025-05-09 10:06Group 1: Financial Performance and Challenges - The company reported a bad debt provision of over 200 million, with measures in place to enhance receivables collection [2] - A total of 400 million was provisioned for asset impairment, with 50% of that related to receivables [3] - The company is focused on improving governance and operational performance to enhance overall market value [3] Group 2: Market and Economic Impact - The company has not received significant feedback from major clients regarding the impact of increased tariffs from the U.S. [4] - The company is actively monitoring the evolving tariff situation and is working with affected clients to minimize business impacts [4] Group 3: Product Development and Future Prospects - The U.S. factory for photovoltaic brackets has commenced bulk shipments, indicating operational progress [4] - High-speed connector products are applicable in data centers, AI servers, and base stations, showcasing the company's adaptability to emerging technologies [5] - The company is committed to focusing on its core business and driving high-quality development [4]