Oriental Ocean(002086)2022-12-06 11:18Group 1: Company Overview - Shandong Oriental Ocean Technology Co., Ltd. is engaged in marine aquaculture and seafood processing, with a focus on sustainable development and innovation [1][7] - The company has a large-scale factory for farming Atlantic salmon, with over 5 years of experience in aquaculture [7] - It has established three processing bases that meet international standards, with nearly 100,000 square meters of standardized processing workshops [7] Group 2: Business Expansion and Acquisitions - The acquisition of Aivico is a significant step for the company to diversify its operations and achieve dual business growth [6][7] - Aivico specializes in the research and production of diagnostic testing products, including FDA-approved HIV and HTLV test kits [2][3] - The company aims to enhance its market presence through effective communication and collaboration with industry professionals [6] Group 3: Market Strategy and Future Directions - Aivico's future development will focus on precision diagnostics, mass spectrometry diagnostics, and independent laboratories [3][4] - The company plans to leverage its strong sales team and comprehensive sales database to penetrate the market effectively [3] - The average approval time for new products is estimated at two months for Class II medical devices, with some products allowed for early sales [5] Group 4: Leadership and Expertise - The founder of Aivico, Dr. Li Xingxiang, has extensive experience, including roles at the FDA and multiple patents in the field [4] - The scientific team at Aivico is considered to be at the forefront of the industry, with several top experts involved in future project planning [4] - The company emphasizes the importance of a strong research and development team to drive innovation and growth [6]