RSIT(SH:688215)2024-05-16 09:31Group 1: Industry Trends - The future development trend of the intelligent suspension production system is driven by the low starting point of automation in Southeast Asia and South Asia, leading to continuous quality and efficiency improvements, with a growing market [2] - The demand for intelligent transformation in the sewing industry is still in the expansion phase, with the overall market undergoing continuous development [3] - Intelligent transformation has become a key solution for enterprises to improve production efficiency and enhance market competitiveness [2] Group 2: Company Orders and Market Position - The company currently has a normal business development and order situation, actively exploring domestic and international markets to maintain competitive advantages [3] - The proportion of new production lines versus retrofitting in client projects shows no significant bias, with a higher ratio of retrofitting in domestic projects due to existing capacity layouts [4] - Shenzhou International, as one of the top five customers in 2023, accounted for 19.45% of the company's total sales [4] Group 3: Product Delivery and Profitability - The delivery cycle for intelligent logistics system products varies based on contract size and complexity, typically ranging from 3 to 12 months for simpler contracts, while more complex contracts may exceed one year [3] - The gross profit margin of standardized logistics products, such as front and rear sorting and three-dimensional warehousing, is comparable to that of other listed companies in the same industry, showing no significant differences [3] Group 4: Impact of Internet Sales - The internet sales model emphasizes small batch and rapid response, prompting the company to enhance flexibility and intelligence in its systems to meet smart manufacturing demands for quick responses to small orders [4]