FPT(SZ:300256)2022-12-04 09:16Group 1: Company Overview and Industry Trends - Zhejiang Xingxing Technology Co., Ltd. focuses on the R&D and manufacturing of window protective screens, touch display modules, and precision structural components, primarily for smartphones, tablets, wearables, and VR devices [2][3] - The company aims to become a "one-stop solution provider for smart terminal components," with future product segments including functional modules and structural modules [3] - The company is actively monitoring trends in the 5G industry, positioning its 3D cover glass and high-precision plastic structural components as key products for future 5G applications [3] Group 2: Financial Performance and Market Position - In the first three quarters of 2019, the company's revenue increased year-on-year, attributed to a focus on high-end window protective screens, non-mobile touch displays, and plastic structural components [4] - Major clients include well-known brands such as Huawei, Lenovo, Xiaomi, Nokia, LG, Sony, Dell, and Apple, indicating a strong market presence [4][5] Group 3: Competitive Advantages - The company has accumulated significant technical experience in glass cover production, particularly in 3D forming and printing, enhancing its competitive edge in the market [5] - The dual-glass solution ("glass panel + glass back") is becoming a trend for new-generation smartphones, allowing the company to strengthen its competitive advantages by integrating high-quality resources [5][6] Group 4: Strategic Development Goals - The company adheres to the principle that "the core of enterprise management is cost, the process is efficiency, and the result is benefit," focusing on a steady development approach [7] - The strategy emphasizes market and customer demand orientation, with a commitment to optimizing existing product structures and enhancing market competitiveness [7]