ChipSpark August Company Performance Report

August Company Performance Report--ChipSpark Technology HK limited

I. Overview of Sales Performance In August, the company's sales amount reached $3,090,210.54, representing a significant increase of 27.64% compared to July. This growth not only demonstrates the positive development trend of the company's business but also reflects the efforts of the team in market expansion and customer maintenance. II. Analysis of Growth Sources 1. Contribution from New Customers The growth mainly stems from new customers in Iran. The successful acquisition of these new customers has opened up new market segments for the company, bringing substantial business increments. This achievement is attributed to the accurate market positioning and proactive business development of the marketing team, which have successfully identified and seized the potential demand in the Iranian market. 2. Changes in Product Structure Among the sales composition, drone - related accessories accounted for more than 60%. This is the first time in the company's business development history that the sales proportion of drones and related accessories has exceeded 60%. This indicates that the company's product competitiveness in the field of drone accessories is continuously increasing, and market recognition has significantly improved. The outstanding performance of the drone - related accessories business has become a key force driving the sales growth this month. III. Follow - up Strategic Planning In view of the favorable development trend and growth potential of the drone - related accessories business, the company has decided to allocate more resources in this area in its subsequent operations. This includes increasing investment in research and development to further enhance product performance and quality to meet the ever - changing market demands; optimizing supply chain management to ensure stable raw material supply, reduce production costs, and improve product cost - effectiveness; and strengthening market promotion and brand building to increase the product's popularity and influence in domestic and foreign markets, and further expand the market share. IV. Conclusion In August, the company achieved remarkable results in sales performance, thanks to the development of new customers and the optimization of the product structure. In the future, the company will continue to focus on its advantageous business areas. Through resource allocation and strategic layout, it aims to promote the company's continuous and stable development and strive to achieve more excellent performance.