FORE(SZ:301368)2025-08-18 07:38Group 1: Company Performance and Financials - The company's revenue has shown stable growth over the past three years, but net profit has decreased significantly due to several factors [2][3]. - Key reasons for the decline in net profit include increased depreciation from investment projects, slower development in new business areas, and reduced interest income due to lower remaining fundraising [3]. - The company plans to focus on developing new customers, new fields, and new products in 2024 [3]. Group 2: Production and Capacity Expansion - The overseas projects in Vietnam and Malaysia are progressing steadily, with the Vietnam subsidiary's factory renovations and equipment installations completed, currently undergoing customer audits [2][3]. - The planned production capacity for harmonic reducers is 35,000 sets, with an increase expected in the second half of 2025 [3][4]. - The Vietnam factory is expected to commence production in the second half of this year [4]. Group 3: Strategic Partnerships and Collaborations - The company is in a joint development phase for integrated products with Yingboer, focusing on "motor + reducer" technology [3]. - The company has partnerships with leading enterprises in the automotive and robotics sectors, including well-known automotive parts manufacturers [3]. Group 4: Future Outlook and Risk Management - The company emphasizes that future development projections and targets do not constitute substantive commitments, urging investors to maintain adequate risk awareness [2]. - Ongoing projects, such as the private placement announced on August 4, are progressing in an orderly manner, with updates to be provided through official announcements [4].