Xin Lang Cai Jing·2025-09-08 10:44Group 1 - The company conducted a conference call with six institutions to discuss its lithium battery business layout, products, competitive advantages, solid-state battery layout, customer structure, and gross margin [1] Group 2 - The company provides automated material handling solutions for lithium battery manufacturers, focusing on digital, flexible, and intelligent transformation. Its main products include customized automated handling production lines and equipment, forming a comprehensive industrial layout supported by "intelligent equipment - material handling systems - intelligent software - intelligent production lines" [2] Group 3 - The company has established itself as a major supplier in the lithium battery industry, recognized by leading clients such as CATL. It has a strong core technology reserve and industry application experience, continuously investing in R&D to develop key equipment and products for material handling in battery production [3] Group 4 - The customer base includes well-known companies like CATL and EVE Energy, with significant equipment procurement demand driven by the expansion and upgrading of production lines. The company has been expanding its new customer base since 2022, leading to a decrease in the concentration of revenue from the top five customers and optimizing the customer structure [4] Group 5 - The gross margin has been affected by the slowdown in the growth of the lithium battery production equipment market, leading the company to adopt competitive pricing strategies to secure orders and enhance customer loyalty. The gross margin for signed projects is expected to decline from 2022 to 2024 due to industry capacity mismatches, intensified competition, and downstream price pressures [4]