SBT(SH:688392)2023-11-01 10:46Group 1: Financial Performance - The company's quarterly revenue has declined due to a slowdown in the expansion of downstream lithium battery production capacity [3] - The gross profit margin has improved in the first three quarters of 2023 due to increased self-manufacturing rates of core components and changes in revenue structure [3][5] - The company has increased R&D investment significantly in 2023, leading to higher expenses compared to the previous year [5] Group 2: Product Development and Market Position - The ultrasonic welding equipment for wiring harnesses and IGBT is customized based on client needs, resulting in significant price variations [3] - The company collaborates with well-known enterprises in the wiring harness and IGBT fields, enhancing its market presence [4] - The ultrasonic scanning microscope has been developed for defect detection in various materials, with prototypes already formed [4] Group 3: Future Outlook and Strategy - The company plans to continue focusing on ultrasonic technology and products, aiming to meet customer needs and expand into new markets such as new energy power batteries and automotive wiring harnesses [5] - The company is committed to improving operational performance while enhancing R&D capabilities and product offerings [5]