Topsec(SZ:002212)2022-12-06 23:31Market Performance - In 2015, the company reported significant growth in sales within Guangdong Province, which accounted for a large proportion of total sales compared to the previous year [2][3] - The company aims to continue expanding its market presence in Guangdong while also exploring opportunities outside the province [3] Project Development - The company has invested in four charging station projects, which are still under development; however, the current low ownership of electric vehicles limits the effectiveness and usage of these stations [3][4] - Research and development efforts are ongoing for products related to charging station facilities [3] Product Innovation - The company is engaged in the development of specialized high-voltage cables, cables for rail transit, electric vehicle cables, locomotive cables, fiber composite cables, and specialized submarine cables [3][4] - Successful development of these new products is expected to positively impact the company's sustainable growth [3] Strategic Goals - The company has established a "North-South Echo" strategic framework, focusing on leveraging brand, service, and technological advantages to strengthen its core business in high-voltage and ultra-high-voltage cables [4] - The company plans to pursue moderate diversification while seeking cross-industry acquisitions that align with national industrial policies and its strategic development [4] Industry Outlook - The cable industry is experiencing increased competition with more listed companies, leading to a challenging market environment [4][5] - The company identifies key trends in the industry, including the necessity for consolidation, the importance of proprietary technology, and the growth potential for specialized cables [5]