泰坦科技(688133) - 投资者调研活动记录2022年7月

Group 1: Company Overview and Investor Engagement - Titan Technology Co., Ltd. held investor meetings on June 30 and July 1, 2022, in Shanghai [1] - Attendees included various investment firms such as Pinpoint, White Rhino Private Equity, and others [2] Group 2: Industry Competition and Core Competitiveness - The company identifies its core competencies using the "Five Dimensions" framework: Heavy, Deep, Long, Thick, and Wide [4] - "Heavy" refers to significant investment in product manufacturing and distribution facilities - "Deep" indicates advanced R&D and application technology - "Long" emphasizes comprehensive lifecycle services, enhancing customer cost efficiency and delivery stability - "Thick" involves strong backend support and supply chain management - "Wide" pertains to the breadth of product application across industries - Companies excelling in these dimensions can gain competitive advantages and market influence [4] Group 3: Strategic Development and Future Plans - Titan plans to enhance its "Heavy" and "Deep" capabilities post-IPO to strengthen its core competitiveness [4] - The company anticipates the emergence of specialized manufacturers and service providers in the industry, with a few comprehensive platform companies [4] Group 4: Operational Efficiency and Cash Flow Management - Titan has established a warehousing and distribution system across 23 cities, optimizing inventory and logistics [6][7] - The company faces cash flow pressures due to increased receivables and inventory growth, but aims to improve cash flow by maintaining current receivable cycles and enhancing inventory turnover [8] Group 5: Employee Stability and Workforce Management - The company maintains normal turnover among frontline staff while core personnel exhibit high stability due to equity incentives [9]