ZHONGYEDA(SZ:002441)2022-12-03 10:20Company Overview and Strategy - The company focuses on distributing industrial electrical components through its own sales network and aims to enhance service capabilities via a "3+1" strategy, which includes industry coverage, product coverage, regional coverage, and human resources [1] - The strategic goal for the next five years is to transform customer service experience into the company's core competitiveness [1] Online Sales Channels - The primary online sales platforms are "Zhongye Da Mall" and "Gongkong Cat Mall," which support B2B operations and target small to medium-sized customers [2] - In 2017, "Zhongye Da Mall" achieved sales of approximately 460 million yuan, which increased to 1.71 billion yuan in 2018, and reached 450 million yuan in the first quarter of 2019 [3] Integration of Online and Offline Operations - The company is enhancing its "3+1" network, which includes distribution, logistics, and technical service networks, to differentiate itself from competitors and improve customer experience [4] - A new technical service platform, "Zhongye Da CARE," has been launched to coordinate service demands and resources across the country [4] Charging Station Project - As of March 31, 2019, the company invested 32.77 million yuan in a pre-installed electric bus charging system project, which is nearing completion [5] - The project aims to provide a comprehensive charging network solution, having sold nearly 40 charging stations and currently operating 4 across multiple cities [5] Distribution Business and Supplier Discounts - In 2018, the revenue from low-voltage electrical product distribution was 5.391 billion yuan, accounting for 63.01% of total revenue, with a growth of 12.01% year-on-year [5] - The company has agreements with suppliers to provide sales discounts based on procurement performance and market expansion [5] Q1 2019 Financial Performance - In the first quarter of 2019, the company reported revenue of 2.292 billion yuan, a year-on-year increase of 45.24% [5] - The net profit attributable to shareholders was 90.15 million yuan, reflecting a growth of 44.71% compared to the previous year [5]