SHAREATE(SH:688257)2024-07-18 07:36Group 1: Product Export and Competitive Advantage - The company's hard alloy tool products are exported to overseas markets, with competitive advantages in product performance, price, and service [2] - The company provides trial reports for its roller bits based on testing results from mining clients in countries like Australia, Brazil, and Peru [2] - The company offers a "one-stop" service solution for exploration and mining activities, supported by an experienced professional team [2] Group 2: Transportation and Inventory Management - The primary transportation method for exported products is FOB, with the company covering costs up to the export port, while shipping costs are borne by the customer [3] - The company maintains a certain level of inventory in overseas subsidiaries to mitigate logistics delays and ensure timely supply [3] Group 3: Future Market Outlook and Expansion Strategies - The overseas market presents significant growth potential, with subsidiaries in Australia, the USA, Canada, and South Korea, and plans to expand export scale and market share [3] - The company aims to enhance brand recognition and market influence by seeking local partners with mining service experience [3] Group 4: Subsidiary Management and Operational Oversight - The company has established management systems for overseas subsidiaries, covering governance, daily operations, personnel management, and financial oversight [3] - Monthly video conferences are held with key management personnel from overseas subsidiaries to discuss operational performance, including financial data and market development [3] Group 5: Mining Services Offered - The company provides alloy tool products and supporting items tailored to the needs of mining enterprises, including roller bits and diamond core bits [3] - Additional services include material selection consulting, supplier selection, and comprehensive supply chain management [3]