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Long Flag Technology (603341.SH): Continuously increasing investment in research and development in future-oriented new business areas such as AIPC, Autos electronics, and XR.
On January 13th, Gelonghui reported that Longqi Technology (603341.SH) stated during meetings with institutional investors that since 2024, the company has been continuously increasing its research and development investment in future-oriented new business areas such as AIPC, Automotive Electronics, and XR. The investment in these new category projects has grown significantly compared to the same period in 2023, and the pace of this investment is gradually carried out based on the actual progress of projects undertaken by the company, to ensure the rationality and effectiveness of the investment. For such new business areas that are aimed at the company’s future development, sufficient patience will be maintained, and long-term investment will be adhered to. Overall,
Longqi Technology (603341.SH): The company's AI Asia Vets glasses category is expected to exceed the initial planning expectations for overall shipments in 2024.
On January 13, Glonghui reported that Longqi Technology (603341.SH) recently stated during an investor meeting that as AI large models mature, AI Asia Vets products are increasingly attracting the attention and favor of more Consumers. The overall shipment of the company's AI Asia Vets category in 2024 is expected to exceed the company's planning expectations from the beginning of the year, especially the second-generation Asia Vets products developed in collaboration with leading Global Internet clients performed outstandingly. The company has also secured the third-generation AI Asia Vets project from this client. The company has been investing in the XR field for many years, building a differentiated competitive advantage. The company believes XR is a
Longqi Technology (603341.SH): It is expected that the annual revenue for 2024 will continue to maintain the high growth trend observed in the first three quarters.
On January 13, Glonghui reported that Longqi Technology (603341.SH) mentioned during a recent meeting with institutional investors that in the first three quarters of 2024, the company's various Sector businesses continued to grow, achieving a revenue of 34.9 billion yuan, a year-on-year increase of 101%. Among them, the company's Smart Phone Business generated revenue of 27.9 billion yuan, a year-on-year increase of 98%, continuing to lead the Global Smart Phone ODM market, with steadily increasing market share. The tablet business generated revenue of 2.6 billion yuan, a year-on-year increase of 78%. While the company continuously expands its high-end and productivity product portfolio, it is also actively expanding the client base for the tablet business.
Open source securities: The national subsidies for Consumer Electronics and AI terminals resonate, which is expected to lead to an increase in both volume and price along the mobile phone supply chain.
The continuous improvement of the AI ecosystem will continually enhance consumer experience and drive growth in the demand for AI smartphone upgrades.
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