Core Viewpoint - The company is optimistic about future market opportunities and is implementing strategies to enhance its global presence while focusing on local operations [3] Group 1: Company Operations and Market Impact - The company has established a comprehensive operational system in the U.S., with revenue from this market stable at around 15% [2] - Cumulative tariffs on the company's products exported to the U.S. have reached 55%, prompting the company to pass some increased costs to downstream customers and enhance local production capacity [2] - The company is accelerating the construction of its factory in Thailand to leverage its advantageous position in international trade [2] Group 2: Research and Development - In 2024, the company plans to invest 232 million yuan in R&D, a year-on-year increase of 35.24%, and has initiated 46 innovative R&D projects [3] - The company has successfully launched 68 new products, including 34 products across six series of intelligent handling robots, expanding its product matrix [3] Group 3: Financial Performance and Profitability - The company's gross margin is higher than that of other forklift industry players due to its focus on high-margin electric forklifts, higher overseas sales, and significant scale effects [4] - The company has ranked first in electric warehouse forklift production and sales for 12 consecutive years and in lithium battery forklift production and sales for six consecutive years [4] Group 4: Environmental, Social, and Governance (ESG) Initiatives - The company has implemented solar energy solutions in its factories and is promoting the use of electric products to reduce emissions [5] - It is actively working on a recycling and remanufacturing system for old forklifts and replacing high-emission fuel forklifts with electric ones [5] - The company is committed to its vision of a greener, smarter, and more digital future in handling solutions [5]
中力股份:对关税政策采取积极应对措施 推动全球化管理和本地化运营战略