WELLTECH(SZ:002058)2022-12-10 08:08Group 1: Company Overview - The main products include electromagnetic flowmeters, pressure transmitters, and control valves, with the first two becoming leading domestic brands and achieving full autonomy in production from core components to complete machine design [1] - The control valve products were acquired through the purchase of Datong Instrument [1] - The downstream industries served are relatively dispersed, primarily including chemical, metallurgy, and municipal sectors [1] Group 2: Market Competition - The primary competitive pressure comes from foreign brands, which have advantages in technology and brand recognition [1] - Recent years have seen foreign brands entering the mid-to-low-end market, impacting the company's performance [1] Group 3: Future Development - The company is actively exploring downstream industries and attempting to expand through system integration and industry solutions [3] - Current collaborations include partnerships with clients in the food and beverage industry and municipal sectors, though further improvements are needed [3]