On November 11, Gelonghui reported that swhy research indicated that yealink network technology (300628.SZ) performance growth met expectations. In Q3, the net income attributable to the parent company was 0.704 billion yuan, a year-on-year increase of 20.5%, and previously forecasted at 0.69-0.719 billion yuan. The significant growth was mainly due to improved downstream demand, coupled with an increase in net margin. According to the company's announcement, new business investments in Q3 of 2024 showed initial results, with the working from home terminal business achieving sequential growth each quarter, and the year-on-year growth rate returning to a leading position among the three business lines. New products such as the audio-video meeting tablet MeetingBoard 65/75/86 Pro, ceiling microphone CM50, and A40 conference room all-in-one machine will be launched in Q4, and are expected to contribute new revenue in the future. The company, as a core manufacturer in communication exports, has strong profitability, and performance is expected to continue marginal improvements and sustained high growth with ongoing demand. The rating is maintained at 'buy'.