ZD Leader(SZ:002896)2025-06-17 08:34Group 1: Company Overview - The company is focused on enhancing its technological and process capabilities to align with international industry standards and accelerate import substitution efforts [2] - The company is actively participating in market competition while increasing its research and development capabilities to meet rising industry demands [2] Group 2: Inventory Management - The large inventory balance is primarily due to the complexity of production processes, production time, and product variety [2] - The company maintains raw materials and work-in-progress inventory, which contributes to the overall inventory balance [2] Group 3: Expansion Plans - The construction of the factory in Thailand is underway, aimed at better understanding local market demands and improving customer response times [3] - The Thailand factory will serve as a manufacturing and marketing hub for Southeast Asia, enhancing the company's global product and business layout [3] Group 4: Financing and Capital Expenditure - The company continuously monitors industry dynamics and market changes to evaluate potential strategic opportunities and capital operation plans [3] - Internal liquidity and bank credit are sufficient to support capital expenditures [3] Group 5: Investor Confidence - The company aims to enhance investor confidence in long-term value through strategic focus, technological breakthroughs, and transparent communication [3] Group 6: Sales Strategies - The company employs a combination of direct sales and distribution channels to acquire customers, utilizing trade shows and online platforms to expand its customer base [3] - Direct sales involve showcasing products at industry exhibitions and proactive customer visits, while the distribution model leverages experienced distributors to broaden the sales network [3]