SMARTGEN(301361)2023-08-31 07:26Group 1: Financial Performance - The company achieved a revenue of 10,440.11 million yuan in 2023, with a year-on-year growth of 26.81% and a quarter-on-quarter growth of 16.59% [2] - In the first half of 2023, the company reported sales revenue of 4,580.91 million yuan in Q1 and 5,859.20 million yuan in Q2, reflecting a year-on-year increase of 11.94% and a quarter-on-quarter increase of 27.90% [2] - The company's foreign trade revenue accounted for 9.36% of total revenue in 2022 and increased to 11.13% in the first half of 2023 [3] Group 2: Revenue Structure - The revenue structure for the first half of 2023 shows that controller products generated 6,408.93 million yuan, accounting for 61.39% of total revenue; component products generated 2,740.34 million yuan, accounting for 26.25%; and other products generated 1,289.04 million yuan, accounting for 12.35% [3] - The overall revenue structure has remained stable [3] Group 3: Market Position and Competition - The company faces competition from established multinational enterprises with strong R&D capabilities in its core business segments [3] - Despite existing gaps in business scale, financial strength, and talent reserves, the company has developed competitive core products that are comparable to those of multinational companies [3] Group 4: International Market Expansion - The company exports products to over 70 countries and regions, with significant sales in South Africa, Western Europe, Southeast Asia, North America, and Australia as of the first half of 2023 [4] - The company plans to actively expand its overseas market presence following its successful IPO, with specific strategies still under investigation [3]