J-Micro(300819)2025-03-11 09:58Group 1: Company Overview - The company focuses on traditional textile and apparel fabrics while expanding into automotive and electronic product fabrics, creating new growth points [2] - The company is increasing R&D efforts on industrial fabrics and related fiber materials, including hydrogen separation membranes and functional fiber materials [2] - The company has indirectly invested in Vietnamese textile enterprises to enhance its global service capabilities [2] Group 2: Financial Performance and Product Strategy - The company's growth over the past two years is attributed to both new products and new customers, supported by lean management practices [3] - High gross margins for certain products are due to the company's ability to offer differentiated products and a complete supply chain from spinning to finished garments [3] - The revenue share of electronic and automotive fabrics is expected to increase, as these segments have higher gross margins compared to traditional textile apparel [3] Group 3: R&D and Future Plans - The company plans to increase R&D investments while focusing on the efficiency of these investments, adhering to the principle of utilizing resources effectively [4] - The newly established Suzhou Jidong Technology Co., Ltd. does not engage in any robotics-related research, production, or sales [4]