Group 1 - The article reflects on the optimism and resilience of a window and door manufacturing company in Huangshan, China, amidst economic challenges, emphasizing a positive outlook for the future [3][20] - The company, led by a founder with nearly two decades of experience, has expanded its operations and focused on learning from international markets, particularly Germany, to enhance its technological capabilities [6][7][9] - The founder's approach to employee welfare includes non-monetary support, fostering a sense of belonging and stability among the workforce, which is crucial in retaining local talent [11][16][20] Group 2 - The company has adapted to market demands by ensuring quick delivery and high-quality products, with a commitment to delivering standard products within 15 days [18] - The workforce is primarily composed of local employees, many of whom have been with the company for over five years, contributing to a stable and committed labor force [16][20] - The founder's vision, referred to as the "徽州梦" (Hui Merchant Dream), drives the company's growth and employee engagement, creating a work environment that values both personal and professional development [20][23]

点击注册小程序 公司积极推进精细化管理，通过信息化、数字化、自动化建设赋能业务发展， 2024年公司销售/管理/研发 费用率分别为6.9%/13.6%/3.5%，同比分别下降0.3/0.4/0.2pct，整体费用管控效果良好。 分产品来看，公司核心业务耐磨备件实现收入 7.6亿元，其中矿用橡胶耐磨备件收入稳健增长（同比 +12.7%），毛利率同比略下降1.0pct；矿用金属备件业务实现高速增长（收入同比+53.7%），毛利率同比 提升9.1pct ，拉动销售毛利率整体提升。 海外收入实现高增，看好公司出海发展的潜力 2024年公司实现海外收入7.6亿元、同比增长46.1%，海外收入占比高达67.6%、同比提升12.3pct。海外市 场订单不断取得突破，其中非洲地区增长125%，亚太中东区域增长77%，拉美区域增长 58%（不含美伊电 钢）。 查看完整报告 特别申明： 本订阅号中所涉及的证券研究信息由光大证券研究所编写，仅面向光大证券专业投资者客户，用作新媒体形势下研究 信息和研究观点的沟通交流。非光大证券专业投资者客户，请勿订阅、接收或使用本订阅号中的任何信息。本订阅号 难以设置访问权限，若给您造成不便，敬请 ...