MESNAC(SZ:002073)2025-09-08 09:32Group 1: Company Overview and Business Focus - Soft Control Co., Ltd. focuses on the automation of material handling systems for lithium battery production, providing comprehensive solutions from design to installation [2][3] - The company has developed a complete industrial layout supporting "smart equipment - material handling systems - intelligent software - smart production lines" [2][3] Group 2: Product Offerings - Key products include customized automated material handling systems and equipment, covering various processes such as feeding, mixing, and storage [3] - The product range has expanded to include core equipment for lithium battery production, such as coating machines and rolling machines, covering the entire production process [3][4] Group 3: Competitive Advantages - The company has established itself as a major supplier in the lithium battery sector, recognized by leading clients like CATL and EVE Energy [3][5] - Continuous R&D investment has led to the development of proprietary technologies, ensuring a competitive edge in the market [3] Group 4: Customer Base and Market Strategy - Major clients include CATL, EVE Energy, and others, with a focus on diversifying the customer base to reduce dependency on a single client [5] - The company aims to achieve significant revenue from new clients by 2024, leading to a decrease in the concentration of revenue from the top five clients [5] Group 5: Financial Performance and Profitability - The gross margin for lithium battery business has been declining due to increased competition and pricing pressures in the industry [5] - To maintain competitiveness, the company has adopted competitive pricing strategies, which have impacted profit margins from 2022 to 2024 [5]