Core Viewpoint - The company, Jintong Tianyu (300988), has established a pricing model based on "main raw material prices + processing fees," which allows for a stable price linkage mechanism with customers [1] Group 1: Pricing Mechanism - The company regularly updates and adjusts the base prices of main raw materials according to market fair prices [1] - This pricing mechanism effectively transmits market price fluctuations of bulk materials such as copper and aluminum [1] - The approach helps to mitigate the direct impact of drastic changes in raw material costs on the company's overall operating performance [1]

Core Viewpoint - The company emphasizes that its production and operations must consider multiple factors, including market demand, inventory structure, customer orders, customized requirements, resource endowment, and long-term development [1] Pricing Strategy - The company's product pricing is primarily based on fluctuations in raw material prices, while also taking into account customer demand, its own cost structure, production cycles, and market conditions during negotiations with clients [1] - The sales price of the company's products is mainly determined through a cost-plus model, where prices, order quantities, and technical specifications are negotiated on a one-on-one basis with major customers [1] - Customers typically reference the average raw material prices from a period prior to contract signing to determine pricing levels [1] Market Dynamics - There is a certain lag in the transmission of raw material price changes to the sales prices of finished products due to factors such as pricing models, market competition, and coordination of customer relationships [1]

Group 1 - The core viewpoint of the article is that Shunbo Alloy (002996) has two pricing models for its products, which help manage the risks associated with raw material price fluctuations [1] Group 2 - The first pricing model is market-based, where the prices of aluminum alloy products are closely linked to the market prices of raw materials like scrap aluminum and A00 aluminum ingots, allowing for better control of price fluctuation risks [1] - The second pricing model is cost-plus, which locks in the price fluctuation risks of raw materials and ensures the company can secure reasonable profits [1]