CITC(SZ:002190)2022-12-06 05:18Group 1: Company Overview and Market Position - Chengfei Integration Technology Co., Ltd. focuses on lithium battery production, with a significant increase in production capacity planned for the future [2] - The company aims to expand its market share rather than compete directly with other firms, as the overall demand for lithium batteries is growing [3] Group 2: Financial Performance and Projections - In 2016, the company's lithium battery production reached 241 million AH [3] - Revenue is expected to show a linear upward trend, while profit may be affected by market fluctuations [2] - Battery prices have decreased by over 20% due to subsidy policies, but raw material prices have increased due to supply shortages, creating a dual pressure on costs [2] Group 3: Strategic Measures and Future Plans - The company is enhancing negotiations with material suppliers and seeking breakthroughs in front-end technology to reduce product costs [3] - Future product development will align with market trends, particularly in the passenger vehicle sector, with mass production expected after 2019 [3] - The company maintains a limited inventory of batteries, primarily producing based on order demand [3]