LEEJUN(002651)2022-12-05 02:16Group 1: Company Overview - Chengdu Lijun Industrial Co., Ltd. is involved in the production of high-pressure roller mills and related equipment, primarily serving the cement and building materials industry [1][3]. - The company is the first in China to apply high-pressure roller mills in the mining industry, which reduces energy and metal consumption while improving ore crushing efficiency [3]. Group 2: Business Performance - In 2019, the sales revenue from high-pressure roller mills and related equipment increased compared to the previous year, driven by sales in the cement and building materials sector [3]. - The company has a significant market share in the domestic cement and building materials industry and aims to enhance its focus on technical upgrades, spare parts sales, and after-sales service [3]. Group 3: Mining Equipment Challenges - The promotion of high-pressure roller mills in the mining sector has faced challenges due to high payment requirements, impacting market expansion [3]. - The mining high-pressure roller mills are considered customized products due to the diverse characteristics of domestic mineral resources [3]. Group 4: Aerospace Components - The company’s subsidiary, Chengdu Dekun Aviation Equipment Manufacturing Co., Ltd., specializes in the development and manufacturing of aviation sheet metal parts and precision components [4]. - Dekun Aviation aims to enhance its competitive edge by introducing advanced foreign equipment and collaborating with universities to develop new processes [4]. Group 5: Future Development - The company is investing in a new intelligent production line for aerospace equipment, focusing on automation and smart manufacturing processes [4]. - The new projects are expected to further improve the company's capabilities in the aerospace industry, positioning it for future profit growth [4].