Worldia(SH:688028)2023-12-08 01:34Group 1: Company Overview and Market Position - Wald has established a technological leadership in PCBN milling inserts and other cutting tools in the domestic market [2] - The company has developed new products such as PCBN milling inserts for ball screw processing and 3C tools for titanium alloy processing, achieving good market results [2] - The company’s revenue from ball screw processing tools is currently small due to capacity constraints, but production equipment has been added to meet customer demand [3] Group 2: R&D and Product Development - The company has a responsive market mechanism, having started R&D for ball screw processing tools in 2021 after identifying a gap in the domestic market [2] - New products under development include tools for processing ball screw nuts and planetary roller screws, with uncertain success and market prospects [3] - The company’s CVD diamond and diamond functional materials project is in progress, with partial revenue achieved in the first half of 2023 [3] Group 3: Customer Relationships and Market Demand - The company collaborates with leading firms such as BYD, Luxshare Precision, and Foxconn, providing customized cutting tools for various industries [2] - The demand for cutting tools in high-precision fields like CNC machine tools, industrial robots, and aerospace is expanding [2] - The company is focused on addressing customer pain points and designing products that meet actual needs [2]