Etron(SH:603380)2022-11-19 03:04Group 1: Company Overview - Suzhou Yidelong Technology Co., Ltd. was established in 2001, initially focusing on small household appliances, and shifted to high-quality electronic manufacturing services in 2004 [2] - The company currently serves over 270 clients, covering more than 5,000 products and 60,000 types of raw materials [2] Group 2: Market Position and Strategy - The global EMS market size reached $594.7 billion in 2020, projected to grow to $838.3 billion by 2025, with an annual growth rate of 6-8% [3] - The company aims to become a leader in the global electronic manufacturing services industry, focusing on long-term, sustainable development [3] Group 3: Product and Client Segmentation - Key sectors include: - Communication Electronics: Major clients include Langhua and Commscope [4] - Automotive Electronics: Major clients include Polaris and Williams [4] - Industrial Control: Major clients include Stanley Black & Decker and CE+T [4] - Medical Electronics: Major clients include Shanghai United Imaging and Beckman Coulter [4] - Consumer Electronics: Major clients include Fovik and Kohler [4] Group 4: Response to COVID-19 - The company is located in Suzhou, an area with effective pandemic control measures, but has faced challenges due to localized outbreaks affecting logistics and personnel [4] - A comprehensive pandemic response plan has been implemented, including the establishment of various support teams to ensure employee safety and operational continuity [4][5] - The impact of ongoing lockdowns in Shanghai on second-quarter performance remains uncertain, with supply chain constraints still prevalent [5]