HMD(SZ:002947)2025-09-10 09:17Group 1: Core Technology Advantages - The company's core technology advantages lie in the "materials-process-manufacturing" collaborative innovation and deep integration across the entire chain, enhancing product performance and lightweight levels significantly [2] - The modular design and flexible manufacturing system allow early involvement in customer R&D processes, responding comprehensively to demands for lighter, thinner, and stronger structural components [2] - The self-developed intelligent AOI system, integrated with continuously iterated deep learning algorithms, ensures precise identification of micro-defects, guaranteeing product quality and reliability [2] Group 2: Development of Data Communication Business - The company has strategically positioned itself in the data communication sector for several years, becoming a qualified supplier for renowned communication brands, establishing a comprehensive technical collaboration and delivery system from R&D to mass production [3] - High-performance precision metal structural components are widely used in servers and switches, with stable product quality and efficient delivery capabilities fostering deep strategic partnerships with domestic terminal clients [3] - The company aims to seize industry development opportunities with the acceleration of global data center construction and the growing demand for AI servers, promoting sustainable high-quality development [3] Group 3: Capacity Layout in Southern China - The main production base in Southern China is located in Huizhou, covering precision flexible structural components and precision metal structural components, effectively meeting high-quality product supply demands for smart terminals and data communication [3] - The ongoing "Huizhou Hengmingda Intelligent Manufacturing Base Construction Project" will enhance the company's scalable capacity in Southern China, further strengthening its production capabilities in data communication and computing-related products [3] Group 4: Equity Incentive Plan and Financial Performance - In the first half of 2025, the company achieved a net profit attributable to shareholders of 234 million yuan, a year-on-year increase of 43.01%, reflecting the effectiveness of its long-term strategic development planning [4] - The company emphasizes steady operations through enhanced R&D innovation, forward-looking technology layout, continuous optimization of product structure, and deepening strategic customer cooperation [4] Group 5: Investment and Acquisition Considerations - The company focuses on the R&D and manufacturing of precision structural components, leveraging its rich production experience and stable customer cooperation network to maintain prudent operations [4] - Future strategies will include cautiously seizing opportunities in cutting-edge fields like AI, balancing internal growth with external acquisitions to explore new growth points [4] Group 6: Coverage in Consumer Electronics - The company has achieved full terminal device coverage in the consumer electronics sector, including smartphones, tablets, laptops, smart wearables, and AI PCs, maintaining long-term stable partnerships with world-renowned consumer electronics brands [5] - By leveraging its "materials-process-manufacturing" collaborative capabilities, the company actively engages in clients' cutting-edge R&D processes, aiming to enhance comprehensive competitiveness through continuous technological innovation and product line expansion [5]