YIZUMI(300415)2022-12-05 02:22Financial Performance - Q1 2020 revenue was RMB 352.96 million, a decrease of 27.15% YoY due to the impact of COVID-19 [4] - Domestic orders and shipments were significantly affected in January and February, but improved in March as the domestic situation stabilized [4] - Overseas markets were impacted by the global spread of COVID-19 starting in March, with the full extent still uncertain [4] Business Segments Injection Molding Machines - Downstream industries with strong demand include medical, packaging, small appliances, daily necessities, and 5G plastic parts [5] - Domestic market recovery is evident with sufficient orders and full production schedules [5] - The helmet policy ("one helmet per person") is expected to boost demand, but the actual impact remains to be seen [6] Die Casting Machines - Main downstream industries are automotive, motorcycles, 3C, and emerging 5G sectors [5] - The automotive industry downturn poses significant challenges [5] International Operations - 2019 overseas sales reached RMB 565.30 million, an 18.73% YoY increase [6] - Key growth markets include India, Europe, Brazil, and Mexico [6] - India became the largest single overseas market with over 400 injection molding machines shipped [6] - The company has over 40 overseas distributors covering more than 70 countries and regions [6]