TANAC(SZ:300461)2022-12-04 08:28Group 1: Company Restructuring and Management - The company has integrated further with Yuanyang Xiangrui in areas such as corporate culture, management, and business development after its acquisition [1] - On June 2, 2017, the company appointed Mr. Gong Lunyong as the general manager, enhancing the integration of financial and business management [2] - The company plans to optimize management structure and business processes to improve overall operational and management capabilities [2] Group 2: Employee Incentive Program - The company approved a restricted stock incentive plan on March 14, 2017, granting 3,863,800 shares to 164 incentive recipients [2] - The total share capital increased to 70,543,800 shares following the stock grant [2] Group 3: Product Development and Orders - The company has completed the development of wireless charging coil winding machines and received initial orders [2] - The wireless charging coil winding machines are utilized for both receiving and transmitting ends, with ongoing improvements for the receiving end [2] - Some models of the Yuanyang Xiangrui bending machines have been produced in small batches and sold, while others are still in internal testing [2] Group 4: Production Efficiency - The yield rate for Yuanyang precision engraving machines exceeds 98%, with processing times of 4-5 minutes for two 2.5D cover plates [2] - The yield rate for Yuanyang bending machines currently stands at over 75%, with production times of 60-80 seconds for a mobile phone front cover [2]