Group 1: Company Overview and Product Categories - The company offers four main product categories: high-pressure large-flow delivery hoses, ordinary lightweight delivery hoses, steel-lined modified polyurethane wear-resistant pipes, and flexible reinforced thermoplastic composite pipes [4] - High-pressure large-flow delivery hoses are designed for long-distance transport in complex environments, primarily used in shale oil and gas extraction, mining, and emergency water supply [4] - Ordinary lightweight delivery hoses are suitable for short-distance fluid transport, used in firefighting, municipal emergencies, and industrial applications [4] Group 2: International Market Presence - The company has established a presence in the overseas market with subsidiaries in the USA, UAE, and Saudi Arabia, with the Saudi subsidiary commencing operations in December 2024 [5] - The Saudi subsidiary focuses on local production of high-pressure large-flow delivery hoses, with plans to introduce flexible reinforced thermoplastic composite pipes and ordinary lightweight delivery hoses in 2025 [5] Group 3: R&D and Production Progress - The company is advancing its fundraising projects, with the steel-lined modified polyurethane wear-resistant pipe production line expected to be completed by the end of December 2025 [6] - The flexible reinforced thermoplastic composite pipe production project is also anticipated to be completed by the end of December 2025, affected by road construction and certification processes [6] Group 4: Sales Strategy and Market Balance - The company initially focused on international market development, gradually expanding into the domestic market, primarily selling under its own brand [7] - The company has become a major supplier for many domestic fire truck manufacturers, with improved success rates in emergency rescue project tenders [7] Group 5: Raw Material Management - The company maintains stable procurement prices for key raw materials like industrial yarn and TPU, managing to absorb some financial pressure from raw material reserves [8] - The company considers market price trends and production needs in its raw material procurement and production planning [8] Group 6: Impact of Tariffs and Strategic Goals - The company is mitigating the impact of increased tariffs on Chinese products in the US through inventory management and price negotiations with clients [9] - The strategic goal is to develop a comprehensive system for its four main products, targeting emergency rescue, resource extraction, and energy development sectors, while also expanding into high-end and intelligent product markets [10][11]
中裕科技(871694) - 投资者关系活动记录表