Group 1: Company Overview and Competitive Advantage - The company focuses on the research, development, and manufacturing of intelligent power distribution equipment, holding hundreds of patents, which provides a competitive edge in technology and market position [1] - The company has a strong market position in the new energy sector, with a focus on products such as box substations, switchgear, and transformers [2] Group 2: Business Model and Sustainability - The current business model is sustainable, with ongoing development in new energy applications and a solid foundation in the market [1] - The company is expanding its product offerings in the new energy sector, including wind, solar, and storage products, while also enhancing its overseas market presence [1] Group 3: Financial Performance and Cost Structure - The company maintains a competitive profit margin due to improved supply chain management and technological advancements [2] - The company adheres to a strict dividend policy, ensuring shareholder returns while supporting business growth [3] Group 4: Research and Development - The company is committed to increasing R&D investment to enhance product competitiveness in the new energy sector [2] - Future product innovations are aligned with market demands, focusing on intelligent power distribution solutions [2] Group 5: Supply Chain and Risk Management - The company has established a robust supply chain management system to mitigate risks related to raw material price fluctuations and supply disruptions [2] - Continuous monitoring of economic conditions and market changes is part of the company's strategy to enhance cost efficiency [2] Group 6: International Expansion and Growth Strategy - The company is actively pursuing international market expansion, collaborating with leading domestic new energy firms to enhance global visibility [3] - The growth strategy is driven by technological innovation and the increasing demand for power distribution and control equipment in the new energy sector [3]
明阳电气(301291) - 2024年5月17日投资者关系活动记录表