High Dream(SZ:300720)2024-12-17 08:32Group 1: Company Overview - The company is Guangdong Haichuan Intelligent Machinery Co., Ltd., with stock code 300720 [1] - The investor relations activity took place on December 17, 2024, in Shunde District, Foshan City [2] Group 2: Competitors and Market Conditions - Major competitors include Ishida (Japan), Daiwa (Japan), Krones (Switzerland), and Bizerba (Germany) [2] - The industry is experiencing severe price competition [2] Group 3: Financial Performance - In the first half of 2024, the company's net cash flow decreased by 62.94 million yuan, a year-on-year decline of 116.34% [6] - The primary reason for the cash flow reduction is an increase in cash paid for investments [6] Group 4: Cash Management Strategies - The company employs a cash management strategy of purchasing government bond reverse repos, with an investment amount reaching 150 million yuan [6] Group 5: Product and Technology Advantages - The company emphasizes personalized product development and design, maintaining a competitive edge in the automatic weighing instrument sector [4] - It has established a systematic production process and technical reserves to ensure continuous development amid fierce competition [4]