Core Insights - The company emphasizes its core advantage in cost management through vertical integration in the supply chain, enhancing its competitive moat [2] Group 1: Cost Management Strategies - The company adopts a standardized and platform-based product strategy, leading to quality and cost advantages by improving production efficiency and reducing product costs [2] - The company focuses on in-house production of key components, which allows better control over costs and quality, thereby enhancing product competitiveness and gross margins [2] - The company has developed autonomous production lines through self-research and manufacturing of automation equipment, significantly reducing procurement costs and preparation time for mass production of new products [2]
恒帅股份：公司在成本上的核心优势主要来源于公司在供应链上的垂直整合