ZHEJIANG DINGLI(SH:603338)2024-01-15 09:37Group 1: Company Performance and Strategy - In 2023, the company achieved steady growth in production and operations, focusing on global market expansion and new emerging markets [1] - The company plans to increase sales of high-value, electric boom products, with a focus on arm-type products as a future development priority [1] - The company has a high self-manufacturing rate for structural components, which helps shorten transportation paths and improve product quality and profitability [2] Group 2: Environmental and Sustainability Initiatives - The company has established an ESG committee led by the chairman to oversee environmental and social governance efforts [2] - The company has achieved a 100% pollution source monitoring rate and a 100% emission compliance rate for three consecutive years [2] - The electricization rate of boom products has reached over 70% in the first three quarters of 2023, with plans for further promotion of electric products [2] Group 3: Market Competition and Sales Strategy - The domestic market is facing intense competition, leading to cautious purchasing behavior among rental companies [2] - The company emphasizes high-quality, differentiated products and excellent after-sales service to enhance customer competitiveness and profitability [2] - Modular design in products helps reduce maintenance costs and improve repair efficiency for customers [2] Group 4: Research and Development - The company is continuously expanding new application scenarios for aerial work platforms, covering various industries such as construction, logistics, and transportation [3] - The company has launched a series of green, intelligent, and high-end new products that meet market demands in sectors like state grid and rail transportation [3] - Currently, there are no plans for overseas factories [3]