MINDEO(SZ:300656)2022-12-03 09:06Financial Performance - In Q3 2018, the company achieved total operating revenue of ¥105,781,204.28, a year-on-year increase of 340.99% and a quarter-on-quarter increase of 73.84% [1] - Operating profit reached ¥19,987,967.45, with a year-on-year increase of 159.14% and a quarter-on-quarter growth of 7.86% [1] - Net profit attributable to shareholders was ¥16,810,106.44, reflecting a year-on-year increase of 114.79% and a quarter-on-quarter increase of 7.42% [1] - As of September 30, 2018, total assets increased by 36.09% compared to the beginning of the year, while net assets attributable to shareholders grew by 6.56% [1] Subsidiary Performance and Strategy - The subsidiary Taibo Xunrui focuses on passive component distribution, including resistors and capacitors, benefiting from the rising demand driven by IoT and autonomous vehicles [2] - Strategies for Taibo Xunrui include maintaining existing high-quality customer procurement, exploring new customized demands, and collaborating with MinDe Electronics in the semiconductor chip sector to mitigate market risks [2] Technology and Product Development - MinDe Electronics is the only domestic company with high-value-added technology in one-dimensional scanning modules, currently exploring various cooperation methods for chip design [2] - The company plans to establish a research and development center in Huizhou, shifting from Shenzhen, to leverage cost advantages and government incentives for high-end talent [2] Market and Product Applications - The subsidiary Junan Hongtu's products include PDAs for the express delivery industry, which have seen increased demand during peak seasons like Double Eleven [2] - Junan Hongtu also focuses on automated weighing machines, addressing the logistics industry's need for integrated automation solutions to reduce labor costs and improve efficiency [2] Collaboration and Future Directions - Collaboration between Junan Hongtu and MinDe Electronics includes shared technology in PDA scanning heads and joint development of algorithms for automated weighing machines [2] - Future chip design directions will focus on automotive electronics, IoT, and artificial intelligence, guided by insights from Taibo Xunrui's main clients [3]