Group 1: Company Overview and Financial Performance - In the first three quarters of 2025, the company achieved a revenue of approximately CNY 1.155 billion, marking a 1.03% increase year-on-year, setting a historical high for revenue [3] - The net profit attributable to shareholders for the same period was approximately CNY 19.53 million, a decline of 79.23% compared to the previous year, due to intensified industry competition and international trade frictions [3] Group 2: Production and Capacity Strategy - The company has increased its R&D investment to accelerate the intelligent iteration and upgrade of core products, while also promoting special lighting products and expanding into new markets [2] - Approximately 70% of the company's products are shipped from its Vietnam factory, which serves as the main overseas production hub, while the Mexico factory is a strategic supplementary base [4] Group 3: Market and Competitive Landscape - The North American LED lighting market is expected to grow significantly in the long term, despite short-term demand weakness due to tariffs [5] - The company plans to leverage its established presence in North America to expand into Europe and other regions, utilizing its relationships with major clients [5] Group 4: Investment in New Ventures - In September 2025, the company strategically invested in Luoyang Aowite, which specializes in the production of bearings and components, aiming to enhance its capabilities in high-end manufacturing [6] - Aowite has a team of approximately 100 people and has established a production base in Luoyang, with the ability to produce a diverse range of products across 10 series [8] Group 5: Future Outlook and Strategic Goals - The company anticipates that as its production bases in Zhongshan, Vietnam, and Mexico stabilize, its profitability will trend positively [4] - Aowite's core competitive advantages include a strong technical team with 8-15 years of experience and a diverse product matrix, positioning it well in the precision bearing market [9]
联域股份(001326) - 2025年10月31日投资者关系活动记录表