XIAMEN XINDECO(SZ:000701)2022-12-06 01:36Group 1: Company Overview - Xiamen Xinda is a large high-tech enterprise group focused on the electronic information industry, adhering to a development strategy of "high-tech leadership and diversified development" [1] - The core business includes optoelectronics and IoT, alongside operations in bulk commodity trading, automotive 4S stores, real estate, and quasi-financial services [1] Group 2: Optoelectronics Business - The LED industry is encouraged by the state, with increasing competition in packaging and application sectors [3] - The company is expanding its packaging business and enhancing scale efficiency while diversifying application products [3] - A research institute for optoelectronics and IoT has been established to innovate new materials and reduce costs through technological transformation [3] Group 3: Quasi-Financial Services - In 2015, the company entered quasi-financial services by investing in Xiamen Sanan Xinda Financing Leasing Co., Ltd. and Shenzhen Maike Bulk Commodity Financial Services Co., Ltd. [3] - Xiamen Sanan focuses on financing leasing in the optoelectronics and photovoltaic sectors, leveraging customer resources [3] - Shenzhen Maike integrates bill services with bulk commodity trade to facilitate financing for enterprises [3] Group 4: Supply Chain Business - The supply chain business includes bulk trade and automotive trade, with core products like iron ore, copper, coal, and optoelectronic equipment [3] - The company aims to enhance competitiveness by focusing on quality resources and reducing intermediary circulation [3] - In 2016, the company invested in Dashi Dao Commodity Trading Market Co., Ltd. to utilize internet technology for e-commerce in bulk commodities [4] Group 5: State-Owned Enterprise Reform - The company has not yet received clear policy guidance from the Xiamen State-owned Assets Supervision and Administration Commission regarding state-owned enterprise reform and will continue to monitor the situation [4]