WEIHONG(SZ:300508)2022-12-03 09:24Group 1: Financial Performance - In the first half of 2018, the company's main business revenue reached 121 million CNY, a year-on-year increase of 22.59% [1] - The net profit attributable to shareholders was 70.54 million CNY, a year-on-year decrease of 101.79% [2] - The net profit after deducting non-recurring gains and losses was 22.83 million CNY, a year-on-year decrease of 4.59% [2] - The gross profit margin was 63.19%, a decrease of 6.53 percentage points year-on-year [2] - R&D investment amounted to 29.68 million CNY, a year-on-year increase of 44.10%, accounting for 24.50% of the company's revenue [2] - The number of R&D personnel was 304, making up 53.9% of the total workforce, an increase of 21.60% compared to the first half of 2017 [2] Group 2: Product and Service Development - The company's industrial IoT solution, "Weihong Cloud," consists of three components: Weihong Cloud Assistant, Weihong Cloud Service, and Weihong Cloud Group Control [2] - The Weihong Cloud Group Control system was officially launched at the end of June, designed for networked management of CNC equipment [2] - The system supports data collection, real-time monitoring, fault alerts, and operational analysis, functioning as a "smart factory" management platform [2] - An online document feature was launched, allowing manufacturers and service providers to publish documents to specific customers [2] Group 3: Company Structure and Future Plans - The total number of employees in the company and its subsidiaries is 644, up from 533 in 2017 and 456 in 2016, reflecting a year-on-year growth of 16.89% [3] - The company aims to focus on mergers and acquisitions primarily in the industrial automation sector, particularly in motion control [3] - The management is considering stock buybacks for employee equity incentives, although the current share float is small [3][4] - The company emphasizes strict adherence to information disclosure regulations to ensure transparency and fairness in communications with investors [4]