TECH-LONG(SZ:002209)2022-12-08 05:30Group 1: Company Overview - The company specializes in packaging machinery for various liquids, including purified water, mineral water, fruit and vegetable juices, daily chemicals, and food products [2] - The company has five wholly-owned subsidiaries engaged in processing services, including locations in Shenzhen, Dongguan, Xinjiang, Hefei, and Tianjin [3] Group 2: Equipment and Technology - The company focuses on industrial sorting robots and has developed products such as intelligent box machines and intelligent feeding machines [2] - The average lifespan of the company's equipment is approximately 10 years [4] - The supply period for the company's equipment is generally 3 to 6 months [4] Group 3: Financial Performance and Strategy - The investment recovery period for processing services is typically 3 to 7 years based on processing volume, while fixed investment models have a recovery period of around 5 years [3][4] - The company plans to optimize product design and enhance production management to restore gross profit growth [4] Group 4: Market Position and Competition - The company faces competition from international players, particularly from Germany, such as Krones and KHS [4] - The company aims for balanced development across various business areas, focusing on comprehensive solutions for beverage packaging [3]