Luster(688400)2024-11-08 07:34Group 1: Company Strategy and Investments - The company has been focusing on a "self-driven + external" approach to enhance its upstream supply chain, investing in key areas such as chips, lenses, and large models [1] - Significant investments have been made in quality companies like Changguangchen, Changbudao, and Zhipuhua Zhang, leading to good business collaborations [1] - The company aims to strengthen its technological capabilities in machine vision and enhance supply chain synergy [1] Group 2: Financial Performance and Market Position - In 2024, the company experienced a 17.70% year-on-year decline in revenue due to weak downstream demand influenced by industry cycles [2] - Despite the revenue drop, overseas income increased by 15.68% during the same period [2] - The company is actively expanding its market presence, particularly in Southeast Asia, by establishing a wholly-owned subsidiary in Malaysia [2] Group 3: Future Outlook and Measures - The company is investing in foundational technologies in AI algorithms, vision, and automation for long-term development [2] - As the industrial manufacturing sector recovers, the company's ongoing product and market strategies are expected to yield positive economic benefits [2]