LPSK(SZ:002333)2022-12-07 09:36Group 1: Company Performance - The company's performance has declined this year, with a 10% decrease in sales of architectural aluminum profiles in the first three quarters due to a significant drop in the real estate market [2][3] - The subsidiary Mingheng Metal is currently operating at a loss, which was anticipated during its initial production phase [3] Group 2: Strategic Measures - The company is actively expanding its market for aluminum architectural profiles while increasing investment in product innovation [3] - Mingde Aluminum is accelerating the development of new products for automotive aluminum profiles and expanding its precision processing business [3] Group 3: Subsidiary Developments - Mingheng Metal aims to enhance its research and development of aluminum alloy materials and increase external sales efforts, with expectations of profitability next year if progress continues [3] - The company has established a partnership with a foreign company (Nichirin) for the development of a die-casting project, which will produce high-value-added automotive components [4] Group 4: Future Directions - The company is considering the development of finished doors and windows as a future direction, recognizing the significant potential for smart home integration [5] - The cancellation of two energy-saving window projects was due to a lack of agreement with local governments on land use [5] Group 5: Shareholder Actions - The major shareholder's reduction in holdings is part of a strategy to optimize the company's equity structure, maintaining approximately 67% ownership after previous reductions [5]