海安集团(001233) - 2026年1月14日投资者关系活动记录表

Group 1: Company Advantages - The company has a deep mining service gene and technical leadership, with a unique "product + operation" business model that enhances customer efficiency and safety [3][4] - The company has established long-term partnerships with major global mining companies, leveraging their market influence to acquire more customers [4] - A mature global layout network allows the company to provide localized services and respond quickly to market demands across multiple countries [4] Group 2: Industry Demand Trends - Tire consumption costs account for approximately 24% of the operating expenses in large open-pit mines, indicating a strong correlation between the demand for all-steel giant tires and the mining industry [5] - By 2027, the global production of all-steel giant tires is expected to reach 358,000 units, driven by the increasing demand for mining resources and supportive national policies [5][6] Group 3: Competitive Landscape - The all-steel giant tire market is characterized by an oligopolistic structure dominated by three major international brands, with the company closely following in market share and technology [7][8] Group 4: Market Development Plans - The company aims to increase customer penetration in the domestic market while actively developing new clients and enhancing import substitution [9] - Internationally, the company plans to leverage its reputation and high-end talent to expand into traditional markets in Europe and North America, as well as emerging markets in BRICS countries and Southeast Asia [9] Group 5: Technical Capabilities - The company has diversified technical reserves covering key areas such as materials, processes, and testing, which are essential for maintaining product competitiveness [10] - The product validation process typically takes 12 to 24 months, reflecting the high technical barriers in the industry [11] Group 6: Business Expansion and Future Growth - As of July 31, 2025, the company had an order backlog of approximately CNY 1.424 billion for tire sales, with significant new orders and framework agreements signed [12][13] - The company has successfully developed over 30 clients in more than 15 countries since 2023, indicating strong global market expansion [13] Group 7: Profit Margin Outlook - The company maintains a positive outlook on future profit margins, recognizing the high technical barriers and the potential for increased market share through product quality and operational management services [15] Group 8: Market Dynamics - The replacement market for giant tires is significantly larger than the original equipment market, as tire selection is primarily based on mining conditions and owner preferences [16]