Lucky Harvest(SZ:002965)2023-10-31 09:27Company Overview - Xiangxin Technology Co., Ltd. specializes in the R&D, production, and sales of precision stamping molds and metal structural components, focusing on automation and intelligence in mold development [1] - The company provides comprehensive solutions for industries such as automotive, power batteries, photovoltaics, and energy storage, recognized as a national high-tech enterprise and a key exporter of molds [1] Financial Performance - For Q3 2023, the company reported a revenue of CNY 1.455 billion and a profit of CNY 109 million, with a net profit margin of 7.49% [1] Market Outlook - The second half of the year is expected to be a peak season for industry development, with a focus on expanding orders in the new energy sector [2] - The company aims to enhance product value and service convenience, positioning itself as a platform-based and integrated supplier [2] Strategic Initiatives - The company is actively expanding into the North American and Southeast Asian markets, leveraging its strong export capabilities and local factory establishment [2] - Plans to enhance customer acquisition in the European market, supported by its mold technology and service teams [2] Product Development - Collaborating with Benteler Group on hot forming stamping technology for automotive components, including suspension modules and chassis systems [3] - Offering customized technical solutions in the power battery sector, such as hot-formed steel pallets [3] - Developing integrated energy storage system solutions and expanding product range to enhance competitiveness [3] Regulatory Compliance - The company adhered to regulations during the investor relations activities, ensuring no undisclosed significant information was leaked [4]