YIZUMI(300415)2022-12-05 02:24Company Overview - Guangdong Yizhi Mi Precision Machinery Co., Ltd. focuses on high polymer materials and metal forming, with multiple divisions including injection molding machines, die-casting machines, and automation systems [4] - The company operates production bases in Shunde, Suzhou, and overseas in India and North America, covering over 70 countries and regions [4] Financial Performance - In 2019, despite industry downturns, the company achieved revenue growth through product, operation, and globalization strategies [5] - The company has faced challenges due to the automotive industry's decline, impacting its main downstream applications [6] Market Strategy - The company aims to adjust its development strategy by exploring other industry markets to increase sales revenue [6] - The overall gross margin has declined due to intensified competition and rising raw material costs, prompting the company to optimize product structure and supply chain [6] Innovation and Market Share - The company has seen a steady increase in market share due to its commitment to innovation and R&D investment, enhancing product lines and operational strategies [7] - New product launches include two-plate injection machines and all-electric injection machines, contributing to market share growth [7] Future Outlook - The company anticipates growth in the 5G sector, which is expected to drive demand for die-casting machines and related equipment [7] - The demand for plastic components in 5G applications is also expected to increase, positively impacting injection molding machine sales [7]