Suzhou Centec (SH:688702)2023-11-13 10:30Company Overview - Suzhou Shengke Communication Co., Ltd. is focused on the Ethernet switch chip industry, emphasizing its competitive advantages and strategic development [4] - The company aims to enhance its product line to meet customer demands and improve market competitiveness [14] Financial Performance - The main revenue source for Shengke in the upcoming year is expected to be from existing products, with new chip introductions taking time to contribute [5] - The company is committed to continuous investment in cutting-edge technology and R&D to create long-term value for investors [6] Market Dynamics - The introduction of Arctic series chips will take approximately one year for product design and an additional 6-8 months for mass production [5] - The company faces challenges in balancing short-term goals with long-term development, particularly in high-end products [8] Competitive Landscape - The core barrier in the industry is the trust customers place in brands and products, requiring significant investment in R&D from clients [6] - Shengke's products are positioned to compete with both domestic and international players, with a focus on differentiation rather than solely on price [13] Future Outlook - The company is exploring opportunities in various market segments, including small and medium enterprises and high-end data centers, while avoiding overly price-sensitive low-end products [15] - The impact of domestic production requirements is seen as positive but not decisive for the company's growth [16] Investor Relations - The company maintains a proactive approach to investor relations, engaging with various financial institutions and investment firms [2][3] - The recent investor meeting highlighted the company's commitment to transparency and addressing investor concerns [4]