Group 1: Company Performance - The company's revenue for 2023 was 166.54 million yuan, a decrease of 17.49% compared to the previous year, primarily due to a slowdown in global economic growth and reduced demand from foreign clients [4] - The decline in orders was particularly evident in the construction and warehousing sectors [4] Group 2: Product and Market Focus - The company specializes in the research, production, and sales of fasteners, which are widely used in industries such as construction, rail transportation, warehousing, automotive, wind power, photovoltaics, and aerospace [5] - The company is actively expanding its domestic market presence and developing new products, particularly in specialized fasteners for aerospace, rail transportation, and nuclear power sectors [6] Group 3: Strategic Responses - To address the industry downturn, the company is enhancing its innovation capabilities and focusing on talent development through partnerships with higher education institutions and research institutes [6] - The company employs a cost-plus pricing strategy for its products, considering factors such as production complexity and market prices of similar products [6] Group 4: Competitive Landscape - The company does not compete with Kunbo Precision in the same product category, but does have some competition with Rongyi Precision, which focuses on consumer electronics fasteners [7] - The company is monitoring market trends and may adjust its fundraising project directions if market conditions change [7][8]
七丰精工(873169) - 投资者关系活动记录表