shenjian gufen(SZ:002361)2022-12-08 01:26Group 1: Company Overview - Anhui Shenjian New Materials Co., Ltd. was established in 2004 and currently employs over 400 people, focusing on aerospace, high-speed trains, urban rail transit tooling, and composite materials manufacturing [5]. - The company has a production capacity that can sustain performance commitments for the next three years without significant new investments in large equipment [8]. Group 2: Production and Operations - The company primarily produces large tooling, fixtures, and components, with a small proportion of processing from supplied materials [6]. - The cost of tooling varies significantly based on the model and components, ranging from tens of thousands to millions [7]. - The company has a team of over 30 dedicated to regular inspections of tooling equipment, which is crucial after each aircraft assembly [7]. Group 3: Market and Sales - The sales cycle for aerospace products typically spans around 10 months, with payment occurring six months after contract confirmation [7][8]. - The company has produced approximately 140 train head units since 2012 and is involved in the development of new models, indicating stable growth in the rail transit sector [8]. Group 4: Future Development and R&D - The company plans to increase investment in research and development for composite materials, anticipating a growing market demand for lightweight materials in transportation [9]. - Future business focus will remain on traditional sectors such as tooling, aerospace components, and high-speed train parts, while also exploring new profit growth points [10]. Group 5: Industry Position and Competition - The company does not currently feel threatened by the influx of private enterprises into the military industry due to its strong capabilities [11]. - There are considerations for potential mergers and acquisitions in the industry, although no immediate plans are in place [11]. Group 6: Drone Production - The company has generated approximately 7 million in sales from drone body structures, with expectations for gradual growth as the market expands [12]. - Current drone production is limited to the body structure, with plans to enhance capabilities as demand increases [12].