Tianrun Industry(SZ:002283)2023-10-25 11:31Group 1: Company Overview - Tianrun Industrial Technology Co., Ltd. held an investor relations activity on October 25, 2023, via a conference call [2] - The meeting included company representatives such as the Secretary of the Board, Liu Li, and other senior management [2] Group 2: Market Insights - Domestic heavy truck sales are expected to range between 1 million and 1.1 million units this year [3] - The forecast for next year's domestic heavy truck sales is approximately 900,000 units, driven by factors such as economic recovery, infrastructure investment, and policy changes [3] Group 3: Financial Performance - The gross profit margin showed a slight increase in Q3 compared to Q2, attributed to a decrease in material costs [3] - The average steel price from January to September 2023 was around 6,100 CNY, down from 6,600 CNY in the previous year, impacting costs by approximately 8 million CNY per quarter [3][4] Group 4: Investor Engagement - The company ensured that no undisclosed significant information was leaked during the investor engagement process [5] - A list of participating investors included representatives from various financial institutions, indicating a broad interest in the company's performance [6][7]