Core Viewpoint - The company is undergoing a "second entrepreneurship" phase, focusing on expanding into overseas markets as a new growth driver, particularly in the context of increasing competition in the power equipment industry [1][3]. Company Growth and Market Position - The company, founded by Wang Rong in 2004, has transitioned from a family-run business to a publicly listed entity, becoming the "first transformer stock on the Beijing Stock Exchange" [1][2]. - The company has successfully leveraged its listing to broaden financing channels and expand its market presence, including a significant acquisition in 2025 that increased its market share in Central China [2][4]. Strategic Focus and International Expansion - The company is targeting the "Belt and Road" initiative, with a focus on infrastructure projects in Africa, and plans to establish processing plants overseas [3][4]. - In 2024, the company achieved foreign trade revenue of 87.73 million yuan, accounting for 6.51% of total revenue, and secured a contract for a project in Africa worth 7.32 million USD [3]. Innovation and R&D Commitment - The company views the power equipment sector as a field ripe for technological innovation, maintaining R&D investment at around 3% of sales, which is above the industry average [6][7]. - The company has received multiple accolades, including being recognized as a "little giant" enterprise and a national high-tech enterprise, reflecting its commitment to quality and brand development [6]. Talent Strategy and Collaboration - The company employs a robust talent strategy, attracting high-caliber researchers and establishing partnerships with universities and research institutions to tackle technical challenges [6][7]. - The company aims to ensure the launch of two to three new products annually, emphasizing the importance of continuous product iteration and technological advancement [6].
科润智控王荣：“二次创业”闯全球 凭真功夫立潮头