UNI-T(SH:688628)2024-06-14 10:30Group 1: Financial Performance - The company's gross margin has consistently improved, with a notable increase of over 10 percentage points in the testing instruments product line [1][2] - Factors contributing to this improvement include price increases, exchange rate fluctuations, and raw material price changes [2] - The gross margin is expected to continue its upward trend this year due to ongoing high-end and specialized product development [2] Group 2: International Expansion - The company has established a wholly-owned subsidiary in Vietnam to enhance its international presence and meet diverse overseas customer needs [2] - The Vietnamese subsidiary is scheduled to commence production in the fourth quarter [2] Group 3: Research and Development - Continuous investment in R&D is crucial due to high barriers in the testing and measurement instrument industry [2][3] - The company plans to maintain reasonable growth in R&D expenses, ensuring ongoing product line upgrades and talent development [2][3] Group 4: New Product Launches - The company has launched over ten new testing instruments this year, including oscilloscopes and spectrum analyzers, significantly enhancing its product matrix [3] - A dedicated chip for oscilloscopes will be integrated into proprietary products, expected to contribute additional revenue in the second half of the year [3] Group 5: Shareholder Engagement - The company initiated a share buyback program in February, having repurchased 389,800 shares to support employee stock ownership plans or equity incentives [3]