TECH-LONG(SZ:002209)2025-11-28 00:48Group 1: Company Overview and Sales Performance - The company generated approximately 57.92 million yuan from OEM processing in the first half of 2025, accounting for 6.05% of total revenue [2] - In the first half of 2025, overseas revenue was about 441 million yuan, representing 46.02% of total revenue [3] - As of September 30, 2025, the company's cash increased by 47.03% compared to the end of the previous year, primarily due to increased customer payments [5] Group 2: Market Expansion and Strategy - The company plans to actively explore domestic market opportunities despite a slowdown in capital expenditure growth in downstream industries [3] - The Southeast Asia, South Asia, Africa, and Middle East markets are expected to see rapid growth in beverage consumption, prompting the company to expand marketing channels [3] - The company aims to enhance project management and after-sales service to improve market competitiveness [3] Group 3: Product and Service Offerings - The company offers OEM services for downstream beverage and daily chemical brands [2] - The main products exported include bottled water production lines and carbonated beverage production lines [5] - The company has made significant advancements in aseptic filling technology, enhancing its capabilities in producing functional beverages, juices, dairy products, and teas [5] Group 4: Financial Health and Challenges - Accounts receivable increased by 33.24% year-on-year, attributed to higher revenue during the reporting period [6] - The company does not currently plan to establish new overseas factories [4] - The impact of rising steel prices on product margins is limited due to the significant proportion of processing costs in the overall cost structure [7]