YAWEI(002559)2022-12-03 09:20Group 1: Company Overview - Jiangsu Yawey Machine Tool Co., Ltd. is engaged in the development of machine tools, with a focus on laser processing equipment and sheet metal forming machinery [2]. - The company has a strong customer base in the sheet metal processing industry, which supports the rapid growth of its laser business [4]. Group 2: Financial Performance - In 2017, the company's international sales amounted to CNY 214 million, with laser cutting machine exports reaching CNY 80 million [3]. - For the first half of 2018, international sales contracts totaled CNY 135 million, representing a year-on-year growth of 41%, while laser cutting machine exports reached CNY 63.5 million, up 92.5% year-on-year [3]. Group 3: Market Impact - The impact of Sino-U.S. trade tensions on the company's orders has been minimal, with North American orders declining but accounting for less than 6% of overseas contracts [3]. - Growth in regions such as Southeast Asia, South America, Eastern Europe, and Africa has been significant, with some areas experiencing over 100% growth [3]. Group 4: Customer Segmentation - The company's downstream customers are primarily in diverse industries, including professional sheet metal processing, curtain walls, power and electricity, automotive parts, elevators, home appliances, engineering machinery, rail transportation, and cabinets [4]. - The professional sheet metal processing industry remains the largest customer sector, with engineering machinery and rail transportation showing significant order growth exceeding 100% [4]. Group 5: Future Outlook - The company anticipates a net profit range of CNY 75.36 million to CNY 94.20 million for the first nine months of 2018, indicating a year-on-year growth of 20% to 50% [5].