神开股份(002278) - 2015年3月10日投资者关系活动记录表

Group 1: Industry Impact and Company Performance - The decline in oil prices is expected to reduce drilling activities, potentially decreasing demand for oil equipment. However, the impact on the company is relatively small due to stable market conditions for its main products and higher qualification requirements from clients, which may lead to increased industry concentration [1] - The company anticipates that despite pressure from the overall decline in the oil industry, its business will still maintain growth, supported by good order conditions in overseas markets and the performance boost from the acquisition of Hangzhou Fenghe in 2014 [1] - The company’s logging service team has not seen significant growth this year, but there may be an increase in directional well services, and there are considerations to establish a logging service team [2] Group 2: Project Developments and Market Strategy - The LWD project is progressing as planned and is expected to conclude this year [2] - MWD is a measurement tool used during drilling, while LWD differs by including more geological parameter measurements [2] - The company promotes its self-developed MWD products in the mid-to-low-end market, while it acts as the exclusive agent for the UK company Enteq in the high-end market [2] Group 3: Corporate Governance and Future Planning - The recent share reduction by major shareholders is attributed to the transfer of shares to their children, primarily for responsibility succession [2] - Although the previous equity incentive plan has been shelved, the company is considering alternative plans, such as employee stock ownership plans, to motivate employees [2] - The company’s future development is divided into three segments: existing manufacturing business, service sector, and energy sector. It aims to strengthen its manufacturing business while exploring opportunities to enter the energy sector due to low oil prices [2] Group 4: Client Base and Industry Focus - The company’s logging service business is primarily concentrated in regions such as Iraq, Venezuela, and Xinjiang, China [3] - The company is focused on oil equipment manufacturing and technical services, and it does not plan to blindly enter other industries in the short term [3]