KEBODA(SH:603786)2024-01-02 08:09Group 1: Investor Relations Activities - The company engaged with various investors and institutions, including Tianfeng Securities, Guotai Junan, and UBS, during multiple meetings in December 2023 [1][2][3][4][5][6][7][8][9][10][11][12]. Group 2: Key Business Insights - The company reported R&D expenses of CNY 316 million for the first nine months of 2023, accounting for 9.91% of revenue [6]. - The company is focusing on new product development while enhancing existing products, leveraging its experience in the controller field to expand into domain control products [6]. - The market penetration of ambient lighting in mid-range new models has reached 50%, indicating significant demand growth [8]. Group 3: Product Development and Market Position - The AGS product line has seen a revenue increase of 38% year-on-year for the first nine months of 2023, with clients including Volkswagen and NIO [9]. - The eFuse product is designed for rapid response protection in various applications, with several project approvals from major manufacturers [10]. - The company is actively pursuing international expansion, with its first overseas factory launched in Japan in October 2023 [12]. Group 4: Strategic Focus Areas - The company aims to enhance its R&D capabilities to maintain a leading position in automotive electronics, focusing on critical core technologies [6][7]. - The company is preparing for ASPICE Level 3 certification to improve its competitive edge in project approvals [7]. - The strategic goal includes optimizing global production layouts and enhancing market service capabilities through international investments [12].