Financial Performance - The company reported a rare loss in the first half of 2023, with a loss of 0.05 yuan per share in both Q1 and Q2 [14] - The 3C business saw a decline in demand due to inventory digestion by end customers, leading to a decrease in profits compared to the same period last year [10] - The automotive new energy projects, originally scheduled for mass production in Q2 2023, were delayed to Q4 2023, with full production expected in 2024 [7][10] Business Segments - 3C Business: Demand declined in H1 2023 due to inventory digestion by end customers, but a recovery is expected in H2 2023 [5][10] - Automotive Business: The company is a supplier to global automotive parts manufacturers like Hella, Amphenol, and domestic manufacturers like Kaizhong Precision [6] - New Energy Vehicle (NEV) Business: The company's NEV products include Busbar, Busbar CCS, automotive motor components, and heat dissipation modules for car lights [9] Market Trends - Global PC shipments in H1 2023 were approximately 116 million units, with a 33% decline in Q1 and an 11.5% decline in Q2 compared to the previous year [7] - The NEV industry is expected to drive the rapid development of the automotive precision metal parts market [7] Strategic Initiatives - The company plans to focus on the recovery of the PC industry and the steady development of the NEV business in H2 2023 [7] - Efforts are being made to strengthen the development of automotive precision metal parts, including the introduction of advanced management teams, R&D technology, and sales talent [10] - The company aims to achieve business transformation by increasing investment in the NEV precision metal parts sector [11] Operational Challenges - Delays in the mass production of automotive new energy projects due to market conditions and long certification and development cycles in the automotive industry [7][10] - Increased fixed expenses such as asset depreciation, personnel salaries, R&D investment, and market promotion have significantly impacted the company's net profit [10] Future Outlook - The company expects the 3C business to recover gradually, with NEV products passing tests and entering mass production [12] - The completion of fundraising projects is expected to enhance production capacity and contribute to sales of 40-50 million yuan in 2024 and 70-80 million yuan in 2025 [14] - The company plans to maintain stable growth in the 3C business while focusing on the development of NEV-related businesses to ensure sustainable and healthy growth [14] Investor Relations - The company held a semi-annual performance briefing on September 5, 2023, addressing investor concerns [2][3] - The company is committed to strengthening investor relations and timely information disclosure to enhance investor confidence [16]
荣亿精密(873223) - 投资者关系活动记录表