BVEA(SH:600379)2024-09-11 10:46Group 1: Stock Performance and Market Management - The company's stock price has been declining for several years, influenced by macroeconomic conditions, market fluctuations, and investor sentiment [2][3] - The management is committed to enhancing corporate governance and optimizing operations to improve stock performance and return value to investors [2][3] - The company is actively managing its market value despite external economic factors affecting stock prices [3] Group 2: Raw Material Strategies - The company has implemented strategies to cope with rising raw material costs, including diversifying suppliers and enhancing inventory management [2][3] - The main raw materials for the company's vacuum arc extinguishers are copper and silver, and the company has taken measures to mitigate price volatility [2] Group 3: Market Position and Competition - The company is a leading player in the vacuum arc extinguishing industry, achieving significant sales growth in high-value products in the first half of 2024 [2][3] - The company maintains a competitive edge with high-quality products recognized in both domestic and international markets, with major competitors including Siemens and ABB [3] Group 4: Future Plans and Strategic Development - The company is focusing on its core business while exploring new growth areas, including energy storage solutions and smart energy initiatives [4] - The company's 14th Five-Year Plan emphasizes brand value, core technology, and innovation to enhance product value and resilience [4] Group 5: Shareholder Engagement and Transparency - The company is open to evaluating capital utilization strategies, including potential stock buybacks, while ensuring transparency and compliance with regulations [3] - The company assures that no undisclosed significant information was involved in the recent investor relations activity [5]