MESNAC(SZ:002073)2022-12-08 08:20Group 1: Company Overview - Soft Control Co., Ltd. was established in 2000, focusing on the production of tire rubber equipment and has developed a series of high-efficiency, energy-saving, and automated machinery suitable for new green processes [1] - The company has accumulated rich technical and project implementation experience in the tire machinery industry and actively explores domestic and international markets [1] - Soft Control has over 300 clients across more than 60 countries and regions, ranking first in domestic sales since 2009 and second globally in the industry [2] Group 2: Research and Development - In collaboration with Qingdao University of Science and Technology, Soft Control established the "National Tire Process and Control Engineering Technology Research Center" in 2009, and the "National Engineering Laboratory for Advanced Tire Equipment and Key Materials" in 2011 [2] - The company plans to enhance its product offerings by incorporating automation and intelligence into tire production processes and expanding into upstream products like tire raw materials [2] Group 3: Robotics and Automation - The company's robotics business is primarily concentrated in its subsidiary, Qingdao Kejie Automation Equipment Co., Ltd., which is expected to see strong market demand over the next decade [2] - In October of the previous year, Soft Control announced an investment of 6.5 million yuan to build an industrial and service robotics industrialization base in Qingdao High-tech Zone, maintaining a 65% ownership stake in the subsidiary [2] Group 4: Financial Management - The average aging of accounts receivable is generally 1 to 2 years, with strict management in place to control risks associated with accounts receivable due to the long investment period in tire production [3] - The company is focused on managing bad debts effectively to mitigate financial risks [3] Group 5: Future Development Plans - The company aims to transition towards intelligent tire production, aligning with industry trends in information technology, automation, and intelligence [3] - Plans are in place to develop equipment and systems that support the future of green tire development [3]