CTS(000551)2025-02-19 08:42Group 1: Business Development Focus - The company's primary focus for 2025 is on clean environmental equipment and high-voltage insulators as its two main business sectors [1] - The company aims to strengthen its core capabilities, enhance R&D investment, and improve product competitiveness while targeting key customers for quality projects and orders [1] Group 2: Competitive Advantages - Suzhou Bearing, a subsidiary, emphasizes a "specialized, refined, unique, and innovative" development path, focusing on high-end international clients [3] - The competitive advantages of Suzhou Bearing include: 1. Technology and R&D advantages 2. Quality and brand advantages 3. Customer advantages 4. Marketing network advantages 5. Management advantages [3] Group 3: Market Position and Achievements - Suzhou Electric Porcelain, another subsidiary, is a key player in China's electric porcelain industry, known for its high-grade insulators and significant technical barriers [4] - The company has participated in the development of national and industry standards for insulators and has a strong R&D capability, including a provincial R&D center and large testing facilities [4] - Suzhou Electric Porcelain has maintained a leading position in the bidding for state grid projects, contributing to the construction of ultra-high voltage and "Belt and Road" transmission lines [4]