DOUBLE ARROW(SZ:002381)2022-12-07 09:40Group 1: Business Performance - The company has not seen revenue growth for three consecutive years, primarily due to declining product prices in the rubber conveyor belt industry [3] - The industry has experienced rapid capacity expansion, leading to intensified competition and a trend of low bidding strategies [3] - The company maintains a stable growth in conveyor belt production despite revenue stagnation [3] Group 2: Strategic Responses - The company is enhancing communication with customers to emphasize product quality and performance advantages [3] - A new marketing model is being adopted, shifting from solely producing conveyor belts to offering complete conveyor systems [4] - The company remains optimistic about future demand in the conveyor belt industry, particularly due to the integration of coal and electricity [4] Group 3: Elderly Care Business - The elderly care industry is viewed as a blue ocean market, with the company planning to open a pilot elderly service center soon [4] - Future expansion of elderly services will focus on major cities to enhance brand influence [4] - Initial investments in elderly service centers may not yield profits in the short term due to high upfront costs [5] Group 4: Profit Growth Points - The company plans to adopt a light asset approach for the expansion of elderly services to create favorable conditions for profitability [5] - Home-based elderly care is identified as another potential profit growth point [5]