B · Normal
[Four-connected Daye Co., Ltd.: Robot tendon rope products are not yet in mass production] On October 21, Daye Co., Ltd. (603278.SH) announced that the company is concerned about the company's recent involvement in "humanoid robot concept stocks" in the market. The company's current main business is still focused on the research and development, production and sales of bead wire, steel cord and hose wire. The company's robot tendon products have not yet been mass-produced and have not generated substantial revenue. In addition, the company's related businesses have significant uncertainties in terms of technology research and development, product competitiveness and profitability in the future. In recent years, due to intensified competition in the rubber skeleton material industry, the company's product prices have declined, coupled with rising sea freight and other factors, the company's gross profit margin has been low. In 2023, the product gross profit margin will be 8.25%, in 2024, the product gross profit margin will be 2.90%, and in 2025, the product gross profit margin will be 6.33%. The company's profitability is relatively limited. Investors are advised to pay attention to investment risks.
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