【私募调研记录】景林资产调研立讯精密

Group 1 - The core viewpoint of the article highlights that Lixun Precision has a limited impact from the recent U.S. tariffs on its exports, as the proportion of finished products exported to the U.S. is relatively small [1] - The company anticipates that clients will seek to relocate products exported to the U.S. to regions with lower tariffs, with Vietnam emerging as a key location due to its advantages in logistics, industry chain, and talent [1] - Lixun Precision believes that the competitive landscape in the consumer electronics industry will not significantly change due to tariffs, as the supply chain structure primarily depends on corporate competitiveness [1] Group 2 - Shanghai Jinglin Asset Management Company is a private equity fund management firm focused on investing in listed companies in China, with a strong emphasis on value investment [2] - The firm has a robust track record, with its Jinglin Stable Trust achieving a compound annual return of 26.84% as of April 30, 2015, significantly outperforming the benchmark index [2] - Jinglin Asset Management has a team of over 50 professionals with extensive experience and educational backgrounds, enabling them to conduct in-depth industry and company research [2]