Raycus(300747)2024-10-29 08:06Financial Performance - In the first three quarters of 2024, the company achieved operating revenue of 234,902.55 million yuan, a year-on-year decrease of 9.06% [1] - The net profit attributable to shareholders was 12,000.78 million yuan, down 30.33% year-on-year [2] - The gross profit margin for Q3 2024 was 27.17%, with a cumulative gross profit margin of 26.88% for the first three quarters [2] - Total product shipments reached 123,500 units, representing a year-on-year increase of 9.89%, with continuous product shipments of 57,500 units, up 30.56% [2] Market Position and Strategy - The company aims to maintain a balance between market share and profit margins, with a focus on reducing costs by nearly 30% [2] - The company is enhancing its research and development efforts, particularly in upgrading general products and developing new products for emerging applications [2] - The company has established a global service network in 13 countries, significantly improving the timeliness of technical service and support [3] Product Development and Innovation - New products showcased at the Shanghai Industrial Expo in September 2024 include upgraded continuous series lasers and specialized lasers for aerospace 3D printing [3] - The company has seen a 200% increase in shipments of CE series products in the first three quarters of 2024, indicating strong growth in overseas markets [3] Collaborations and Partnerships - The company has signed strategic agreements with several state-owned enterprises to advance laser manufacturing applications [3] - Collaborations include projects in areas such as thick plate welding, titanium alloy processing, and 3D printing [3] Future Outlook - The market is expected to stabilize, with minor fluctuations in certain sectors due to increasing differentiation in competition [3]