Yiheda(SZ:301029)2024-10-18 11:27Group 1: Inventory Management - The company improved inventory turnover in the first half of the year by enhancing internal controls and optimizing stocking policies, maintaining a certain level of inventory to meet customer demands for quick delivery [2][3] - The inventory primarily consists of semi-finished products and stock goods, with a focus on standard components like synchronous wheels, bearings, and couplings [2][3] Group 2: Research and Development Directions - Future R&D will focus on customization, lightweight, and mid-weight dimensions, enhancing product adaptability and efficiency [3] - The company aims to leverage cutting-edge technologies and new materials to develop products that continuously optimize and achieve multi-dimensional competitive advantages [3] Group 3: Global Expansion Strategy - The company plans to steadily promote global expansion, utilizing China's supply chain advantages to participate in overseas capacity restructuring [3] - The strategy includes covering mainstream overseas markets in a sequence from Japan to Southeast Asia and then to Europe and America [3] Group 4: FX Business Overview - In the BOM of equipment hardware, 60% consists of core brand parts, 10-15% are "white label" non-core standard parts, and the remaining 25-30% are customized non-standard parts [4] - The FX business addresses the one-stop procurement needs of small and micro customers, enhancing the penetration capabilities for brand owners [4] Group 5: Competitive Pressure and Pricing Strategy - The company emphasizes product advancement, selection richness, and adaptability to customer scenarios over price competition, which is a core competitive strategy [4] - Factors such as delivery timeliness, quality consistency, and service responsiveness significantly influence customer purchasing decisions more than price [4] Group 6: Cost Control Measures - The company actively optimizes products to reduce costs and enhance market competitiveness through supplier integration and cost negotiation [4] - Strategies include understanding supplier capabilities and establishing product standards to lower procurement costs [4] Group 7: Company Positioning - The company positions itself as an innovative platform, focusing on customer scenario development and supply chain integration rather than heavy asset manufacturing [5] - Manufacturing capabilities are primarily aimed at ensuring delivery certainty and addressing external supply resource deficiencies [5]