STAR SHUAIER(002860)2024-09-21 04:10Group 1: Company Overview - Hangzhou Xingshuai Electric Co., Ltd. was listed on the Shenzhen Stock Exchange in April 2017 as a high-tech enterprise with strong innovation and R&D capabilities [1] - The company specializes in the R&D, production, and sales of various types of thermal protectors, starters for refrigeration compressors, and temperature controllers for small appliances [2] Group 2: Business Performance and Expectations - The white goods segment is expected to maintain stable growth due to ongoing customer demand and the "old-for-new" policy implemented this year [3] - The overall performance of the photovoltaic industry is anticipated to improve, although it will still face pressure during the industry consolidation phase in the second half of the year [3] Group 3: Shareholder Information - The shares pledged by the actual controller and major shareholder, Chen Lijuan, are used as collateral for the company's convertible bonds, not for personal funding needs, and do not pose a risk of forced liquidation [3] Group 4: Cost Management and Profitability - The company has maintained stable gross margins despite fluctuations in raw material prices by optimizing processes, increasing R&D investment, and enhancing automation levels [3]