YAWEI(SZ:002559)2022-12-06 08:22Group 1: Company Overview and Strategy - The strategic positioning of Yawen Co., Ltd. for the next three years is to become a leader in the metal sheet processing machinery sector, focusing on high-end, intelligent mainframes and automated systems [3] - The company aims to provide integrated solutions in the metal sheet processing field while developing other high-end intelligent equipment and emerging industry-related businesses [3] Group 2: Market Demand and Performance - The machine tool industry is experiencing a slight recovery, but overall demand remains sluggish; however, Yawen Co. is less affected due to the diversified nature of its downstream industries [3] - The company anticipates stable growth in operating revenue for 2016, with profit levels expected to remain within the forecast range provided in the Q3 2016 report [4] Group 3: Business Development and Innovations - Sales revenue and profit levels for the company's CNC turret punch presses, CNC shearing machines, and plate rolling machinery have remained stable, with significant growth in laser and automated production line businesses in 2016 [4] - The company has successfully developed industrial robots compatible with Yawen forming machines, which are currently being tested and will enhance the development of the robot body and integration business once operational [4] Group 4: Mergers and Acquisitions - The company has decided to terminate the acquisition of Shengxiong Laser due to a request for contract termination from the counterparty, but this change will not adversely affect its production operations or future development [4] - Yawen Co. will continue to actively pursue investments and acquisitions in the fields of laser technology, automation, and robotics to expand its industry chain [4]