Hite Control(SZ:002184)2023-05-10 08:18Group 1: Company Strategy and Development - The recent acquisition of Hangzhida enhances the company's capabilities in intelligent manufacturing, particularly in sectors like new energy vehicles and semiconductors, aligning with national strategic industries [2] - The company aims to drive sustainable growth through a dual focus on digitalization and green initiatives, leveraging technology, products, and marketing [2] - The acquisition is seen as a natural choice in the company's strategic planning and essential for its growth [2] Group 2: Wind Power Inverter Business - In 2022, the company shipped approximately 7.6GW of wind power inverters, maintaining a strong market share amidst competitive pressures [3] - The company collaborates with leading wind turbine manufacturers for joint R&D and market development, which has further increased its market share in the inverter sector [4] - Despite a decline in product gross margins, the overall profitability of the inverter business is beginning to recover [4] Group 3: Energy Storage Business - The company began developing energy storage products in the second half of 2021 and has established a comprehensive delivery capability [6] - In 2022, the company made significant progress in the energy storage market, including breakthroughs in commercial energy storage and the launch of a cloud-based maintenance system [6] - For 2023, the company plans to scale its energy storage business in both centralized and commercial sectors, while also exploring international markets [6]