Company Overview - The company specializes in high-performance protective materials, with a focus on various application fields including automotive, engineering machinery, communication electronics, and rail transportation [2][3]. - In 2024, the company reported a significant revenue and net profit, with specific figures not disclosed in the document [2]. Market Competition - The market is characterized by a fragmented competitive landscape, with numerous players including multinational corporations, domestic leaders, and small-scale manufacturers [2]. - Multinational companies currently hold a major market share, posing significant competition to the company [3]. Revenue Breakdown - Revenue contributions from major application areas for the first half of 2025 are approximately: - Automotive: 68% - Engineering Machinery: 10% - Communication Electronics: 12% - Rail Transportation: 3% [3]. International Sales - The company's overseas sales accounted for about 20% of total revenue in the first half of 2025 [3]. Product Applications - The company is exploring applications in emerging fields such as humanoid robotics, with products being developed for specific components like dexterous hands and harness systems [3][4]. - Current projects are in the testing and validation phase, with some samples delivered to clients for further verification [3]. Manufacturing Bases - Manufacturing bases are strategically located in Shenzhen, Dongguan, Jiangmen, Chongqing, Wuhan, Suzhou (Kunshan), and Mexico to align with downstream customer locations [3][4]. Pricing Strategy - The company maintains a competitive pricing strategy, leveraging cost advantages while negotiating prices based on customer requirements and market conditions [3][4]. Competitive Advantages - Key competitive advantages include: - Technological and R&D capabilities - Vertical integration (e.g., in-house production of single filaments) - Comprehensive service offerings with a well-structured manufacturing base [4]. - The company is recognized as one of the few domestic firms integrated into both domestic and international supply chains for functional protective casings [4]. Future Development - The company aims to expand its product categories centered around high-performance protective materials and is considering mergers and acquisitions for growth [4]. - Plans to establish manufacturing facilities in Morocco, Vietnam, and Thailand are underway to enhance international presence and revenue [4]. Risk Awareness - The document emphasizes that forward-looking statements regarding future plans and performance do not constitute binding commitments, urging investors to remain aware of associated risks [4].
骏鼎达(301538) - 骏鼎达：投资者关系活动记录表（2025年9月3日）