HONGLU(SZ:002541)2026-01-22 09:30Group 1: Company Overview and Production Capacity - The company has achieved a production capacity of 5.2 million tons in 2025, with ongoing efforts to optimize each operational segment to enhance core competitiveness [4]. - The company operates ten production bases, which are either under construction or completed [4]. Group 2: Technological Advancements - The company has introduced advanced equipment for smart manufacturing, including high-power laser cutting machines and various types of welding robots [3]. - Approximately 3,000 welding robot workstations have been deployed across the ten production bases [3]. Group 3: Market and Orders - The company’s products are widely used in industrial plants, large venues, airports, train stations, and other steel structure manufacturing fields, with a recent focus on industrial plant orders [4]. - The company currently has a saturated order book, indicating robust demand for its products [4]. Group 4: Financial and Strategic Considerations - The company is considering the adjustment of convertible bond conversion prices based on its operational status and market conditions [4]. - The pricing strategy for products is based on "material cost + processing fee," with a focus on improving product quality and customer satisfaction [4]. Group 5: International Business Expansion - The company has been gradually increasing its indirect export business, primarily serving domestic clients, with future considerations for overseas sales based on market demand [3].