B · Normal
[Xinyisheng: The tension on the raw material side in Q3 has had a certain impact. We are fully prepared and expect Q4 production capacity and output to increase significantly from the previous quarter] On October 29, Xinyisheng (300502.SZ) released an investor relations activity record statement. The overall supply of raw materials this year is tight. With the rapid growth of industry delivery volume, the core raw material preparation cycle has further lengthened, and adequate advance planning is required. The tension on the raw material side in the third quarter had a certain impact, and the company still needs to summarize and improve its experience in raw material preparation. The company is fully prepared for order delivery in Q4 and next year. The specific magnitude cannot be disclosed publicly yet. Chengdu and Thailand are both rapidly expanding production simultaneously and are confident to meet the substantial increase in delivery demand. It is expected that Q4 production capacity and output will increase significantly from the previous quarter. In Q4, all aspects of the company are sprinting hard to achieve equity incentive goals.
The company is smoothly advancing NPO product development and has seen clear order guidance for 2027. It is expected to achieve batch shipments in 2027 and is expected to enter large-scale shipments in 2028. Production capacity and materials are adjusted closely with customers, and production capacity is planned in advance. After NPO is launched, it will become the company's main product and important performance contribution point. The volume of 1.6T products will gradually increase this year, and it will be more obvious in Q3 and Q4. The increase in the proportion next year will be further accelerated, and the 1.6T life cycle will continue.
The floods in Thailand in late September did not have any impact on the production and operation of the company's campus. The company had no damage to its goods and no impairment was required. Floods mainly affect the logistics sector. The company's shipment concentration period was in late September, which highly coincided with the floods, resulting in the failure of some products to be shipped or declared for export. Customer demand is currently strong, and the VMI warehouse delivery rhythm is normal. Overall demand continues to rise, and changes in monthly rhythms are normal.
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