Cosonic(SZ:300793)2022-12-04 09:02Group 1: Company Performance and Revenue - In 2019, the company is expected to maintain steady revenue growth, with specific performance details to be confirmed in the annual report [1][2] - The TWS (True Wireless Stereo) earphone business has been gradually increasing since 2018, with significant growth from clients like Harman, Skullcandy, and Anker in 2019 [2] Group 2: Seasonal Trends - The demand for electroacoustic products is seasonal, aligning with the overall consumer electronics industry, particularly during holidays and promotional periods, leading to higher sales in the second half of the year [2] Group 3: Future Market Strategy - The company aims to sustain order growth from existing clients while increasing orders from new major clients to maintain growth levels [2] Group 4: Production Capacity - The current production capacity at the Shipa base is 2.5 billion RMB, which is sufficient to meet current business demands, with plans to expand production in the existing facility [3] - A new production base in Vietnam is planned to start trial production by the end of 2019, with a projected capacity of 1 billion RMB [3] Group 5: Order Status and Industry Position - The company has a robust order backlog for TWS earphones, indicating strong profitability and stability [3] - The company possesses manufacturing, first-mover, and customer advantages, having established relationships with numerous well-known international and domestic clients, including Harman, Beats, and Huawei [4]