Core Insights - Zhao Hongliang's entrepreneurial journey spans 30 years, evolving from a rural hose factory salesman to the leader of a publicly listed company, LITONG Technology, showcasing a story of perseverance and innovation [2][3] Group 1: Company Development - LITONG Technology was founded in 2004 with initial funding of 40,000 yuan from a friend, overcoming significant financial challenges to establish a fluid hose manufacturing business [3] - The company achieved a sales increase from 5.8 million yuan in its first year to 28 million yuan in its third year, driven by the invention of the "concave-convex rubber strip" technology, which raised product prices by 15% to 20% [3][4] - In 2024, LITONG Technology's R&D investment reached 20.64 million yuan, accounting for 4.27% of revenue, surpassing the rubber products industry average of 3.2% [4] Group 2: Innovation and Market Expansion - The company has developed a new ultra-high-pressure oil hose, which opened the U.S. market for LITONG in 2019, marking a significant growth trajectory [4] - LITONG is focusing on three new product lines: nuclear power hoses, data center liquid cooling hoses, and marine oil crossover hoses, while enhancing existing products [4] - The company has established a production line with an annual capacity of 25,000 tons of polymer materials, supporting downstream sectors like rubber hoses and sealing products [4] Group 3: Strategic Vision - Zhao Hongliang emphasizes the importance of innovation and has positioned the company to meet the growing demand for green and healthy food technologies, including high-pressure sterilization equipment [5][6] - The company aims to create a comprehensive capability in the ultra-high-pressure field, from component R&D to integrated solutions, enhancing its competitive edge [6] - LITONG Technology's vision has evolved to focus on improving the health and longevity of consumers, reflecting a commitment to societal well-being [6]

Group 1: Strategic Considerations for HPP Equipment - The company aims to extend its industrial chain and upgrade product structure by moving from rubber hose production to high-pressure sterilization (HPP) equipment, enhancing overall competitiveness [5] - The vision of "making fluid technology benefit billions" aligns with the market trend towards green and healthy food, making HPP technology a timely response to consumer demands [5] - Leveraging its geographical advantage in Henan, a major food industry province, the company can effectively connect with local food enterprises, facilitating product application and market feedback [5] Group 2: Applications of HPP Equipment - Beyond juice, the company is exploring HPP applications in various food categories, including: - Alcohol improvement for craft beer and liquor [6] - Sterilization of marinated products like chicken feet and bacon [6] - Treatment of noodle products such as hot dry noodles [6] - Processing of pet food ingredients [6] - Seafood processing, including thawing and sterilization of sea cucumbers [6] - Production of specialty foods like soft-boiled eggs [6] Group 3: Business Model and Market Expansion - The company is diversifying its business model for HPP equipment, including: - Cooperative processing to enhance market penetration [7] - Leasing options to lower customer procurement barriers [7] - Market expansion is supported by application research, providing comprehensive solutions for food sterilization and processing [7] Group 4: Developments in Rubber Hose Business - The fluid segment, centered on rubber hoses, is focusing on three new product developments: - Domestic production of nuclear power hoses, with performance testing completed [8] - Data center liquid cooling hoses, with ongoing customer negotiations [8] - Marine oil crossover hoses, with production line design completed and equipment installation underway [8] Group 5: Polymer Materials Strategy - Polymer materials are a core component of the company's strategy, with a production capacity of 25,000 tons per year to supply various downstream products [9] - The company is enhancing its R&D capabilities in Qingdao, focusing on specialized polymer materials and their applications [9] - Future efforts will target specific areas such as general and specialty mixing rubber, modified nylon materials, and composite materials [9]