WOER(SZ:002130)2024-07-24 10:28Group 1: Company Overview - The company, Shenzhen Walden Materials Co., Ltd., focuses on new materials, new energy, and intelligent manufacturing, aligning with national long-term development strategies [2][4] - The company aims to become a leader in the new materials industry, enhancing its R&D capabilities to improve overall competitiveness [4] Group 2: Product and Market Insights - The comprehensive gross profit margin for the company's products in 2023 was 32.63%, an increase of 1.10 percentage points year-on-year [3] - The company’s charging gun products align with national policies to accelerate the construction of electric vehicle infrastructure, indicating significant future market potential [4] - The company’s heat shrink tubing products have entered the China Commercial Aircraft Corporation supply system, benefiting from the development of domestic large aircraft [4] Group 3: Production Capacity and Strategy - The company has over 140 winding machines and nearly 20 core wire machines for high-speed communication lines, with additional equipment on order [3] - The production capacity utilization rate is currently high, and future capacity will be matched to market demand [3] Group 4: Raw Materials and Pricing Strategy - Key raw materials for high-speed communication lines include copper and rubber, with a pricing strategy that considers procurement costs, process difficulty, market demand, and company strategy [3] - The company actively monitors fluctuations in raw material prices to mitigate their impact on gross margins [3] Group 5: Future Business Expectations - The nuclear power generation in China currently accounts for 4.8% of total electricity generation, expected to rise to 10% by 2035, which will increase demand for the company's nuclear-grade cable accessories [4] - The rapid development of the AI industry is driving higher data transmission rate requirements, presenting a promising market for the company's high-speed communication line products [4]