TQM(002510)2025-04-16 08:58Group 1: Company Overview - The company specializes in automotive molds, with capabilities in designing and manufacturing molds for various materials including steel, aluminum alloy, high-strength steel, and stainless steel [1][2]. Group 2: Inventory and Production - The company has a high proportion of inventory in mold products due to their custom nature, with production cycles ranging from 12 to 24 months, and in-house manufacturing taking about 8 to 12 months [2][3]. - As of now, the company has approximately 2.5 billion yuan in hand mold orders, which fluctuate based on production completion [5]. Group 3: Cash Flow Management - To ensure stable cash flow, the company collects advance payments based on project milestones and actively manages accounts receivable [2][3]. Group 4: Customer Base - The company has a diverse customer base in the automotive mold sector, avoiding reliance on any single client, and has established trust with numerous well-known automotive enterprises [3][4]. Group 5: Talent Development - The company emphasizes talent development and has built a skilled professional team, collaborating with multiple universities to attract and nurture new talent [4]. Group 6: Impact of External Factors - The current U.S. tariff policies have minimal impact on the company, as the proportion of orders directly exported to the U.S. is very low [2][3].