NEPTUNUS(SZ:000078)2022-12-08 02:08Group 1: Company Overview and Market Position - Shenzhen Haiwang Biological Engineering Co., Ltd. is actively expanding its market presence, particularly in East China, with significant sales in Shandong province, where it ranks among the top in sales volume [2] - The company has established a strong market position in Shandong since entering in 2003, with continuous growth in sales and tax revenue, solidifying its leading advantage in the region [2] - Haiwang has recently entered the Jiangsu market, currently operating one subsidiary in Nantong for pharmaceutical logistics [2] Group 2: Business Model and Competitive Advantages - The "Sunshine Centralized Distribution" model offers higher gross margins compared to other pharmaceutical distribution models due to centralized procurement and unified distribution, enhancing bargaining power and operational efficiency [3] - This model differs from traditional hospital sales by ensuring comprehensive supply guarantees for all types of hospital products, fostering closer strategic partnerships with hospitals [4] - The use of quantum dot materials in POCT (Point of Care Testing) projects provides a competitive edge in terms of luminous efficiency and stability, positioning the company favorably against competitors [5] Group 3: Strategic Development and Future Plans - Haiwang is exploring innovative business models in response to potential threats from e-commerce and pharmacies, with pilot implementations in some regions [5] - The strategic goal is to become a leading regional modern pharmaceutical logistics enterprise, focusing on professional drug and consumable distribution and management [6] - The company is committed to expanding its logistics capabilities and exploring new business avenues, including third-party logistics and pharmaceutical e-commerce [6] Group 4: Compliance and Information Disclosure - The company adheres strictly to information disclosure regulations, ensuring that all disclosures are truthful, accurate, complete, timely, and fair, with no significant undisclosed information leaks [6]