Shanghai Liangxin Electrical (SZ:002706)2025-05-15 06:26Group 1: Smart Distribution Business - The smart distribution business is a strategic investment area for the company, focusing on industrial and commercial building sectors [2] - The company is enhancing its smart distribution products in terms of materials, manufacturing, processes, and electrical performance to remain competitive [2] - Future breakthroughs will involve personalized smart distribution solutions tailored to different customer electricity usage scenarios [2] Group 2: Data Center Business - The data center business focuses on power distribution, smart monitoring, and intelligent operations, including integrated smart distribution systems and low-voltage solutions [3] - The company maintains a competitive edge in operator procurement tenders and collaborates closely with major domestic clients to develop customized products [3] - The company is actively working on import substitution and enhancing its core technology system in overseas markets [3] Group 3: Financial Performance - The improvement in gross margin for Q1 2025 is attributed to product structure optimization, cautious price control, and better cost reduction effects compared to the previous year [3] - The fastest-growing sectors in Q1 2025 include renewable energy, electricity, and data center industries, with a focus on creating value through technological innovation and scenario-based solutions [3]