DOUBLE ARROW(002381)2022-12-03 08:56Group 1: Market Overview - The rubber price is currently operating at a low level, with limited downward space due to a decline in demand from the tire industry [2] - The company’s downstream clients mainly include large state-owned enterprises in coal, electricity, port, steel, and cement industries, which are relatively stable [4] Group 2: Product Performance - The company's product gross margin is improving due to price increases in conveyor belt products and a gradual rise in high-end product sales [3] - The company exports approximately 25% of its products, with higher gross margins compared to domestic sales [4] Group 3: Production Capacity - The production capacity for steel wire core conveyor belts is around 1,500 million square meters per year [4] - The company generally has a production schedule of 1-3 months [4] Group 4: Future Growth and Investments - The market for conveyor belts is expanding due to the increasing use of long-distance transportation and the shift from traditional transport methods to conveyor systems [5] - The company has entered the elderly care industry, with its first nursing home fully occupied and plans for further expansion in this sector [5][6]