INVT(SZ:002334)2022-12-06 11:28Group 1: Company Advantages and Market Position - The company's bidding advantages include fully independent R&D, allowing for maximum customization to meet client needs and continuous improvement [3] - Compared to foreign brands, the company's products and services are more aligned with China's national conditions, particularly in the context of "Made in China 2025" [4] Group 2: Product Sales Structure - In 2015, low-voltage inverters accounted for approximately 80% of the company's inverter revenue, while medium and high-voltage inverters combined accounted for about 20% [4] - Overseas sales represented about 20% of total sales, with the domestic market accounting for approximately 80%. The growth rate in overseas markets is higher than that in domestic markets [4] Group 3: Performance and Growth Opportunities - The decline in Q1 2016 performance was primarily due to fixed costs from the Suzhou base not yet reaching design capacity, leading to a year-on-year decrease in gross margin [5] - Future performance growth opportunities include stable traditional inverter business and contributions from subsidiaries, particularly in the rapidly developing sectors of new energy vehicles, power supplies, and servo systems [5] - The company ensured compliance with information disclosure regulations, maintaining the integrity and timeliness of information shared with investors [5]