SENSSUN(SZ:002870)2023-11-07 06:56Group 1: Financial Performance - The company's gross margin and net margin improved year-on-year in the first nine months of 2023, driven by an increase in the sales proportion of high-margin products and continuous improvement in overseas operations [3] - The company's performance in 2023 showed significant growth compared to the previous year, attributed to strong demand for smart components and high-end surface decoration products, as well as increased penetration of intelligent cockpit components and new energy charging products in emerging brands [6] Group 2: Business Development - The new energy business has been rapidly growing since the establishment of the team in 2018, with official mass production starting in 2021, becoming the company's second growth curve [4] - The company is actively developing and selling charging piles, focusing on communication with main engine manufacturers, and making steady progress in high-voltage DC charging piles and destination charging operations [5] Group 3: Client Engagement - The company confirmed that its products are used in the latest models from its client, Seres, specifically the M7 and subsequent models [6] - The company has a full order book for its overseas automotive sector, with ongoing expansions in production bases in Europe and North America, which will contribute to new performance growth points [6]