Shanghai Smart (SZ:001266)2022-11-17 15:16Group 1: Company Overview - The company focuses on the integration of technology and applications, accumulating years of practical industry experience [1] - Compared to domestic and international peers, the company has advantages in adaptability, technical service, cost-effectiveness, and customization [1] - The company’s rapid response capability is unmatched by foreign competitors, although there are some performance gaps in high-end products compared to foreign brands [1] Group 2: Production Capacity - In the first half of the year, the company's production capacity was not fully utilized due to the impact of the pandemic [2] - Future production capacity is expected to improve significantly with the launch of expansion projects and continuous efficiency enhancements [2] Group 3: Supply Chain and Chip Procurement - The company procures both imported and domestic chips, enhancing inventory reserves of critical chips and expanding supplier channels to build a secure supply chain [2] Group 4: Financial Performance and Outlook - The company’s revenue and gross profit have declined due to the pandemic and industry downturn, as disclosed in the half-year performance forecast on July 15, 2022 [2] - The company will continue to drive its strategic development direction with technology and market orientation, pushing forward various business segments [2]