Group 1: Investor Relations Activity Overview - The company held an earnings briefing on May 13, 2024, via an online platform [2] - Participants included investors who joined the 2023 annual report earnings briefing remotely [2] Group 2: Key Issues and Responses - Currency Impact: The depreciation of the Vietnamese dong has minimal impact on profits as the subsidiary operates mainly in USD, with local currency used primarily for wages [3] - M&A Plans: The company is focused on strengthening its core business and will disclose any M&A plans as required [3] - Order Fulfillment: As of May 2024, the company has a sufficient order backlog, but the external environment remains challenging [4] Group 3: Financial Performance Insights - Revenue Growth: In Q1 2024, the company reported revenue of ¥99,150,589.84, a year-on-year increase of 9.65% [4] - Profit Decline Reasons: The decline in net profit is attributed to reduced revenue, increased competition, and a significant drop in government subsidies from ¥21,872,219 to ¥3,822,962 [6] Group 4: Market Strategy and Risk Management - Market Expansion: The company is exploring opportunities in Australia, Southeast Asia, and Europe while maintaining its leadership in the North American market [6] - Operational Risks: Overseas subsidiaries face challenges such as cultural differences and potential political/economic instability, which could affect overall operations [7] - Localization Strategy: The company employs local management in overseas subsidiaries to navigate cultural and regulatory challenges effectively [7] Group 5: Value Enhancement Initiatives - Market Value Management: The company aims to enhance its market value through improved operational efficiency, R&D focus, and transparent communication with investors [5] - Investor Returns: The company has implemented share buyback plans and aims to maintain a consistent dividend policy to reward investors [5]
恒太照明(873339) - 关于投资者关系活动记录表的公告