利通科技(832225) - 关于接待机构投资者调研情况的公告

Group 1: Company Overview - The company, Luoyang Litong Hydraulic Technology Co., Ltd., received two institutional investors for a research meeting on November 9, 2022 [1][2]. Group 2: Product Development and Market Position - The company is expanding its ultra-high-pressure resin hose market, with expected annual sales around 1 million [3][4]. - The main competitors in the ultra-high-pressure cleaning hose market are foreign brands, with the company’s hoses designed for working pressures between 1000-4000 bar, compared to competitors like Patel, which operates between 225-630 bar [3][4]. - The company has developed several series of oil hoses, including acid fracturing hoses, with ongoing market development and product optimization [4][6]. Group 3: Financial Performance and Pricing Strategy - The cost of purchased joints accounts for approximately 45% of the hydraulic hose assembly cost and 27% of the industrial hose assembly cost [5]. - The company does not plan to raise prices for hydraulic hoses due to high sensitivity from downstream customers amid low industry demand [6]. Group 4: Market Expansion and Certification - The company has entered the qualified supplier lists for major oil companies, with some products already participating in bidding processes [6]. - The sales volume from these major oil companies is currently small, but the company aims to increase its market presence in the domestic sector [6]. Group 5: Future Product Focus - The company will focus on high-pressure and ultra-high-pressure rubber hoses while also considering the development of fiber-reinforced rubber hoses based on industry needs [7].

Luohe Letone Hydraulics Technology -利通科技(832225) - 关于接待机构投资者调研情况的公告 - Reportify