HGPE(301261)2024-10-15 10:41Group 1: Investor Relations Activities - The investor relations activity was an online performance briefing held on October 15, 2024, from 14:00 to 17:00 [2] - The meeting was attended by the Chairman and General Manager Wei Zhiyong, along with the Director and Financial Director Liu Dong [2] - The event was conducted via the investor relations interactive platform [2] Group 2: Key Questions and Responses - Investors inquired about the company's potential entry into the Tesla supply chain, to which the company responded that it would continue to enhance its technical reserves in continuous cast iron materials and explore related fields [2] - The company reported a 24.84% year-on-year increase in revenue from air compressor parts in the first half of 2024 due to increased downstream market demand [3] - Regarding market management, the company acknowledged that stock prices are influenced by multiple factors and emphasized its commitment to maintaining shareholder rights while managing production and operations [3] Group 3: Product Development and Market Strategy - The company is focusing on the development of key materials and core components in the harmonic reducer sector, with ongoing production and R&D efforts [4] - The company is actively pursuing breakthroughs in ADI materials, having invested in specialized R&D teams and resources, although the development process is lengthy [4] - The company has not yet applied continuous cast iron materials in the military sector but sees broad application potential [4] Group 4: Shareholder Engagement and Future Plans - The company plans to disclose its third-quarter report on October 22, 2024, addressing concerns about stock performance and shareholder engagement [3] - There are currently no plans for share buybacks, but the company is open to suggestions regarding high share transfers to reward shareholders [4][5] - The company is monitoring the impact of its partnership with Qingdao Anpeng Intelligent Vehicle Venture Capital Fund on its development [4]