XUSHENG(SH:603305)2022-11-15 07:34Group 1: Company Overview and Strategy - The company is undergoing a name change to enhance its management efficiency and brand competitiveness, aligning with its strategic development needs [1] - The company aims to separate group control from production operations to improve management efficiency [1] Group 2: Production and Supply Chain Management - The company is focusing on enhancing supply chain management and accelerating the transition from components to assemblies [1] - The company has established a stable pricing system with its clients, minimizing the risk of price reductions due to end-market price drops [1] Group 3: Customer Relations and Market Position - The company prioritizes projects with high sales certainty and has a history of successful collaborations with top-tier clients [2] - The company is actively seeking to expand its client base while also aiming to increase order volumes from existing customers [2] Group 4: Competitive Advantages - The company's core competitive advantages include strong R&D capabilities, self-developed molds, and efficient automated production lines [2] - The company has planned its production facilities to comply with pandemic-related requirements, ensuring uninterrupted operations [2] Group 5: Industry Challenges - The entry of precision aluminum component manufacturers into the automotive parts sector poses potential challenges, but the company believes that differences in technology and production processes will mitigate risks [2]