WBDE(SZ:002082)2022-12-08 07:54Group 1: Company Performance and Financials - The company has shown good performance in recent years, but the overall gross margin is low due to the significant trading volume of its subsidiary "Shanghai Xingdong Aluminum," which affects the overall gross margin level [1] - In 2013, the performance of aluminum plate products improved, attributed to the pricing model based on "raw material price at delivery + processing fee," with significant fluctuations in aluminum ingot prices in 2012 impacting current gross margins [1] - The company has no intention to diversify or derive into upstream or downstream enterprises at this time [1] Group 2: Future Developments and Investments - The company announced the acquisition of assets in May, considering the introduction of a vertical warehouse system, which is expected to impact future performance positively [1] - The introduction of the vertical warehouse system aims to optimize inventory control, meet production demands promptly, improve production efficiency, and enhance management levels, with effects expected to manifest gradually [2] Group 3: Government Support - The company has received government support in recent years, which has been recognized as non-operating income and deferred revenue in financial statements, with overall performance primarily supported by core business operations [2]