CHAOHUA TECH(SZ:002288)2022-12-08 05:26Group 1: Company Development Strategy - The company focuses on a "vertical integration" strategy to enhance its industrial chain and continuously adjusts its product structure to achieve steady growth in revenue and efficiency [1][2] - Plans to address challenges in the traditional industry by leveraging capital market advantages and exploring new profit growth points [2] - The company is considering entering the flexible circuit board market due to anticipated explosive growth in wearable devices [2] Group 2: Current Business Operations - The company is balancing its operations amidst significant market competition, focusing on customer relationship management and improving customer satisfaction [3] - Establishment of a dedicated team for major client development and management to deepen customer resources and expand into high-demand sectors like LED and security [3][4] - Ongoing integration of group systems to enhance collaboration among subsidiaries and optimize production processes [4] Group 3: Financial Performance and Market Conditions - The company has invested in a new production line for white oil boards, with an expected capacity of 80,000 to 100,000 square meters, to meet increasing demand [4] - The company’s projects, such as Huizhou Hezheng, have started generating profits after undergoing technical upgrades [5] - Fluctuations in copper prices have impacted the pricing of copper foil products, reflecting the sensitivity of the industry to raw material costs [5]