TANAC(300461)2022-12-06 08:31Group 1: Company Performance and Market Trends - The company's cumulative new orders reached 117 million, a year-on-year increase of 37.71% [2] - Approximately 60% of new orders were obtained in the third quarter, with nearly 70% being non-standard and special machines, which have longer R&D and production cycles [2] - The decline in revenue from standard machines is attributed to increased price competition and lower downstream demand [2] Group 2: Strategic Focus and Development - The company is shifting its focus towards high-customization non-standard and special machines to meet rising downstream demand [2] - New product development will concentrate on power inductors for automotive and consumer electronics, as well as standardization of winding peripheral equipment [2] - The establishment of a consumer electronics division and increased technical personnel are part of the strategy to adapt to market trends [2] Group 3: Financial Overview - The company reported negative operating profit and total profit in 2015, primarily due to stock incentive costs amounting to 22.79 million, which were accounted for as management expenses [3] - The impact of stock incentive costs on future profit levels is expected to be minimal, indicating sustainable profitability for the company [3]