FORE(301368)2023-11-02 12:20Group 1: Financial Performance - The company's revenue for the reporting period was 316.73 million CNY, a decrease of 9.56% compared to the same period last year [2] - In Q3, revenue reached 117 million CNY, showing a year-on-year increase of 7.61% [2] - The comprehensive gross profit margin for the reporting period was 18.91%, remaining stable compared to the previous year [2] Group 2: Expense Analysis - Sales expenses increased by 100.1% year-on-year, primarily due to increased promotional activities and travel frequency for sales personnel [2] - Management expenses rose by 61.44%, attributed to the depreciation from newly constructed facilities that were completed in December of the previous year [2] - Net profit decreased by 30.33% due to the aforementioned expense increases and the relocation costs associated with moving seven business units to a new facility [2] Group 3: Production Capacity and Future Outlook - The company has reserved space for four production lines in the new harmonic reducer factory, with each line expected to produce approximately 35,000 units annually [3] - The company plans to gradually expand production based on market demand [3] - Risk warning: The discussions regarding future development prospects and targets do not constitute a substantive commitment from the company [3]