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Declining Stock and Solid Fundamentals: Is The Market Wrong About TES Touch Embedded Solutions (Xiamen) Co., Ltd. (SZSE:003019)?
TES Touch Embedded Solutions (003019.SZ): The factory in Thailand has started production and has achieved mass production of some products.
On December 31, Gelonghui reported that TES Touch Embedded Solutions (003019.SZ) stated on the investor interaction platform that its factory in Thailand has commenced production and has achieved partial mass production of some products.
tes touch embedded solutions (003019.SZ): The construction of the Thai factory is steadily progressing as planned, with mass production expected to be achieved by the end of this year.
Gelonghui November 4th | tes touch embedded solutions (003019.SZ) accepted a specific object survey on November 1, 2024, regarding 'the current construction progress of the Thailand factory and the future production capacity planning?' The company stated that the construction of the Thailand factory is steadily progressing according to plan, with mass production expected to be achieved by the end of this year. After entering mass production, the order demand from North American customers will mainly be produced at the Thailand factory, while orders from domestic customers will mainly be placed at the Xiamen factory.
Tes Touch Embedded Solutions (003019.SZ): The ODM business has successfully expanded to several global new customers, laying the foundation for next year's growth.
Gelonghui November 4th | Tes Touch Embedded Solutions (003019.SZ) accepted a specific object survey on November 1, 2024, regarding "the company's revenue and profit targets for next year? And the main growth points of the business?" The company stated that in terms of business growth, the ODM business has successfully expanded to many global new customers, laying the foundation for next year's growth; in terms of OBM business, successfully secured a project of a well-known chain of restaurants in North America, expecting to enter mass production next year; and in the automobile display business, the domestically targeted models acquired this year are planned to be mass-produced next year. In principle, the 202 set by the restrictive stock incentive plan
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