三变科技(002112) - 2015年5月14日投资者关系活动记录表

Group 1: Company Performance and Market Conditions - The overall performance of Sanbian Technology has declined, with significant challenges in future order acquisition due to a low market concentration and ongoing overcapacity in the transformer manufacturing sector [1] - The competitive landscape remains intense, with no significant changes expected in price competition, indicating a persistent supply-demand imbalance [1] Group 2: Strategic Plans and Industry Engagement - The company is open to industrial transformation or restructuring but has not yet identified suitable targets or methods [3] - There is currently no interest in entering the film or mobile game industries due to the significant industry gap and difficulty in management [3] - The merger fund established with Guotai Junan is in the registration phase, with operational commencement expected to take additional time [3] Group 3: Future Development and Capital Utilization - The management plans to consolidate its expertise in the transformer sector while exploring opportunities to expand into upstream and downstream manufacturing of power transmission and transformation equipment [3] - The company has not raised additional funds since its listing but may consider utilizing its capital platform for suitable projects in the future [3]