SHAREATE(SH:688257)2022-11-17 14:42Group 1: Company Operations and Impact - The company's operations were not significantly affected by recent domestic COVID-19 outbreaks, as measures were taken to mitigate difficulties [2] - The production cycle for roller bits is generally 30 days [2] - The total production capacity for hard alloy products can reach 1,800 tons per year [2] Group 2: Export and Supply Chain - The company primarily uses FOB shipping, with the company covering costs to the export port, while customers bear sea freight costs [2] - The delivery period for overseas shipments has been extended due to the pandemic, but is gradually improving as the situation stabilizes [2] - The average turnover period for raw materials like tungsten carbide powder and cobalt powder is about 1 month [3] Group 3: Market Strategy and Product Development - The company aims to increase market share by enhancing existing products and developing new ones [4] - The core product, roller bits, is currently focused on exports, with plans to expand overseas market share [3] - The company plans to find partners with local mining service experience to expand overseas sales channels [4] Group 4: Cost Management and Talent Acquisition - Efforts to reduce costs include increasing automation to lower labor needs and centralized management of raw material procurement [4] - The company is focused on recruiting high-end technical talent and international sales professionals to strengthen its technical team and expand overseas operations [4]