Core Viewpoint - The stock of Dongcai Technology experienced a significant price fluctuation, with a cumulative increase of over 20% in closing prices over three consecutive trading days, indicating abnormal trading activity [1] Group 1: Company Overview - Dongcai Technology operates in a highly competitive industry where most of its products are in a fully competitive market [1] - The company faces increasing competition as overseas manufacturing enterprises shift to mainland China, leading to a dense influx of domestic competitors [1] Group 2: Market Dynamics - The industry is experiencing intensified homogenous competition due to the continuous upgrade of technology levels [1] - The cost of raw materials for the company's main products is significantly high, with procurement prices closely linked to international oil prices [1] Group 3: Risk Management Strategies - To address the risks associated with market competition and raw material price fluctuations, the company will adhere to a differentiated product strategy [1] - The company aims to actively explore emerging business areas and capture incremental market opportunities [1] - Continuous optimization of product variety structure and reasonable planning of raw material inventory reserves will be implemented to cope with the increasingly fierce market competition [1]
东材科技:公司主导产品原材料成本占比较高,主要原材料价格波动可能影响公司经营业绩稳定性