Recently, Eston released a performance forecast showing that the performance of the first half of 2024 is under pressure, and the loss is expected to be 65 million to 85 million, and the profit of 97.4 million in the same period last year. For the reason of the change in performance, is affected by the downstream industry market fluctuations, in the new energy and other key industries, especially the photovoltaic industry sales revenue compared to the same period last year declined seriously, in order to maintain market share, in the participation in market competition, also caused a certain decline in gross profit margin, making gross profit compared to the same period last year.

IC693CPU374 On the whole, due to lower than expected revenue growth, the expense ratio rose, which had a greater impact on net profit. But Eston claims that the fundamentals have not changed and that short-term headwinds will not change the medium – to long-term outlook. Through the “two-wheel drive” at home and abroad, we continue to optimize management and improve the quality of operation. And continue to invest in research and development capabilities and sales channels, at the same time will pay close attention to market trends, actively expand business, take effective measures to reduce costs and increase efficiency, improve comprehensive competitiveness, and improve profitability as soon as possible.

It should be pointed out that, affected by the downturn of some downstream industries, sales revenue did not meet expectations. In addition, the downstream industry competition intensified, in order to maintain market share increase, in the participation in market competition, also caused a certain decline in gross profit margin. You know, the industrial robot circuit has gathered many important manufacturers, and the competition is becoming increasingly fierce.

IC693CPU374 In terms of the global industrial robot market, Fanuc, ABB, Yaskawa, Kuka four manufacturers accounted for 50% of the market share. Among the domestic industrial robot manufacturers, Esten, Huichuan Technology, and Efte three manufacturers entered the global TOP10, and also firmly occupied a favorable position in the market competition. However, in order to seize the market, to fight a price war to affect the profit.