Sinexcel Electric(300693)2025-02-20 13:00Group 1: Industry Trends - The power quality industry is crucial for economic development and is expected to grow due to increasing demand from emerging sectors like renewable energy and electric vehicles [2] - The market for power quality solutions will expand as industries require higher stability and reliability in their electrical systems [2] Group 2: Company Performance - In 2024, the company's charging and swapping product line experienced rapid revenue growth due to early global expansion and innovative product offerings [3] - The company aims to maintain stable gross margins through strategies like optimizing product design and enhancing supply chain management [4] Group 3: Market Position - The company is a leader in the power quality sector, with over ten years of experience and a comprehensive product range covering various applications [4] - The company plans to increase its presence in data centers and related industries, expanding its product types and applications [4] Group 4: Future Outlook - The company is optimistic about the global energy storage market in 2025, driven by policy shifts and market demand [5][6] - The domestic charging pile market is expected to grow due to the rapid development of new energy vehicles, despite current supply challenges [7] Group 5: Strategic Responses - The company will navigate the lithium battery industry's downturn by enhancing collaboration with upstream and downstream partners and diversifying market strategies [8] - Emphasis will be placed on leveraging technological advancements to capitalize on structural opportunities in the energy storage and battery sectors [8]