LEAGUER(SZ:002243)2022-12-08 01:56Group 1: Company Overview and Strategy - The company plans to enhance product categories and optimize customer structure, responding to the increasing market share of domestic brands in the cosmetics industry, which has led to a shift in its customer base [1] - The company has become a supplier for several domestic brands such as Shanghai Jahwa, Pechoin, and Danzi, focusing on cost-effective packaging solutions to increase customer loyalty [1] Group 2: Research and Development - Ongoing R&D projects include the development of special inks for packaging, construction of a fullerene carbon nanomaterials laboratory, and research on biodegradable modified materials [2] - The company is also involved in the development of lithium battery packaging films through its subsidiary, providing support for sustainable development [2] Group 3: Cost Management - To address pressures from raw material and labor costs, the company is implementing workforce reductions and automation upgrades while adopting a bidding process for materials to control costs [2] Group 4: Management Changes - Recent management changes include the departure of the general manager and a board member, with a new general manager appointed who has over 20 years of experience in packaging and new materials [2] Group 5: Competitive Landscape - The company aims to provide comprehensive packaging solutions, extending its capabilities across the supply chain, which positions it as a leader in the packaging sector [2] - Competitors vary by product category, with specific competitors identified for hose products, blow-molded products, and injection-molded products [2] Group 6: Corporate Governance - The company has not received updates regarding state-owned enterprise reforms or related progress in Shenzhen [2] - An incentive mechanism for management was previously implemented from 2005 to 2007, but no stock incentive plans have been established since the company went public in May 2008 [2]