WOER(SZ:002130)2024-05-25 09:38Group 1: Company Overview - The company is Shenzhen Walden Material Co., Ltd., with stock code 002130 [1] - The investor relations activities include analyst meetings, media interviews, performance briefings, and online meetings [2] Group 2: Product Information - The main products of Letin Intelligent include high-speed communication cables used in data centers, servers, and industrial routers [2][3] - Key specifications of high-speed communication cables include SAS3.0/4.0/5.0, PCIe4.0/5.0, and 400GQSFP56/QSFP-DD [2] Group 3: Financial Performance - In 2023, the gross margin for wire products decreased by 4.02% to 15.84%, attributed to a decline in sales and changes in sales structure [3] - In Q1 2024, Walden New Energy achieved revenue of CNY 157.91 million, a year-on-year increase of 37.48%, with charging gun sales accounting for over half of total revenue [5] Group 4: Competitive Advantages - Letin Intelligent has a strong R&D team and advanced testing facilities, holding certifications such as CNAS and TUV [3] - The company has strategically focused on key products, improving their technical level and market share in high-speed communication cables [3] Group 5: Market Strategy - The company is actively monitoring raw material prices, such as copper, and has a pricing mechanism that considers various factors [4] - The electric power product segment has seen steady growth due to ongoing upgrades and new product developments, supported by increased investment in power engineering [5] Group 6: Future Plans - Currently, there are no refinancing plans as the company maintains a good asset structure and stable cash flow [5]