Tatfook Technology(SZ:300134)2025-09-10 12:34Group 1: Financial Performance and Management Strategies - The management has confidence in turning losses into profits and has implemented measures to improve operational efficiency and profitability, including optimizing management processes and reducing costs [2][3]. - In the first half of the year, the company reduced its period expenses by CNY 50.87 million, with management expenses decreasing by CNY 26.44 million, a reduction of 17.62% compared to the same period last year [2][3]. - The company aims to gradually improve its financial situation and operational performance by focusing on core business strengths and divesting non-core operations [2][3]. Group 2: Product Development and Market Expansion - The company acknowledges that its gross margin is lower than industry peers due to various factors, including heavy asset burdens and competitive pressures in the communication manufacturing sector [3][5]. - To address low gross margins, the company is enhancing product development, particularly in high-margin product lines such as multi-band filters and integrated antenna filters for 5G applications [3][4]. - The company plans to expand its presence in the consumer electronics sector by improving manufacturing capabilities and exploring new markets through technological innovation [4][11]. Group 3: Investment and Future Plans - The company has invested up to CNY 100 million in Anhui Yunta, aiming to hold no more than 20% of its shares, which will help transition from a traditional communication device manufacturer to a supplier of RF chips and module solutions [7][8]. - The company is focusing on MIM (Metal Injection Molding) technology and plans to enhance its R&D efforts in this area to improve production efficiency and reduce costs [6][7]. - The company expects to generate approximately CNY 547 million in overseas sales in 2024, accounting for about 24% of total revenue, and will continue to explore and expand its international market presence [10][11].