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 Focus and Market Application - 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 product offerings in specialized fasteners for aerospace, rail transportation, and other sectors [6] Group 3: Strategic Responses to Market Challenges - To address the industry downturn, the company plans to enhance its innovation capabilities and strengthen its core competitiveness by collaborating with universities and research institutions [6] - The company is also focusing on expanding its domestic market presence and increasing new product development efforts [6] Group 4: Pricing and Cost Management - The company employs a cost-plus pricing strategy, which considers production complexity, application fields, and market prices of similar products [6] Group 5: Investment Projects and Future Directions - The company has completed the construction of its facility for the annual production of 870,000 aerospace and rail transportation precision components, with equipment procurement ongoing [7] - Future research and development will focus on specialized fasteners for aerospace, rail transportation, and other emerging industries [8]
七丰精工(873169) - 投资者关系活动记录表