GATD(SH:688239)2024-01-12 09:54Group 1: Company Overview - The company's products are primarily used in aerospace engines, space rockets, gas turbines, and other fields such as new energy cathodes, underwater submersibles, and nuclear power [1]. Group 2: Production Capacity - The actual capacity utilization of the Deyang production line reached 63% from January to September 2023, with efforts to enhance production management for quicker ramp-up [1]. - The projected output value of the Deyang production line upon reaching full capacity is estimated to be between 1 billion to 1.5 billion CNY [2]. - The Guizhou headquarters production line, when fully operational, is expected to generate an output value of approximately 1.5 billion CNY [2]. Group 3: Raw Materials and Suppliers - Key raw materials include high-temperature alloys and titanium alloys, with major suppliers being companies like Fushun Steel, Longda, Daye Special Steel, and others [1]. Group 4: Financial Insights - The company plans to recognize approximately 86 million CNY in stock incentive expenses for 2023, with 70 million CNY accounted for in the first three quarters [2]. - The net profit for the first three quarters of 2023 was approximately 166.7 million CNY, which, when excluding stock payment impacts, was about 229 million CNY, reflecting a year-on-year growth of 50.42% [2]. Group 5: Market Outlook - The foreign trade business is expected to maintain strong demand and high growth in the coming periods [2].