Sunrise Company(SZ:002752)2022-12-08 03:16Group 1: Product Advantages and Market Position - The company produces three-piece easy-open cans for protein beverage packaging, serving major clients like Hebei Yangyuan and China Wangwang, establishing long-term stable partnerships [1] - The protein beverage packaging industry has seen significant growth, attracting major players like Yili Group, with the company becoming a supplier for Yili [1] Group 2: Production Capacity and Seasonal Demand - The overall capacity utilization rate of the company's production lines is low due to the seasonal nature of beverage consumption, particularly during major holidays [1] - During peak seasons, there is a high demand for short-term capacity to meet customer needs [1] Group 3: Inventory and Financial Policies - The typical inventory lead time for the company's products is 1 to 1.5 months [2] - The company adopts a conservative accounting policy for bad debt provisions, with rates of 5%, 30%, 50%, and 100% for receivables based on their aging [2] Group 4: Loan Interest Rates - The company's short-term and long-term loans generally have interest rates that are 5-15% above the benchmark rate, with most short-term loans at approximately 5% above the benchmark [2]