Fenda Tech(SZ:002681)2022-12-07 09:26Group 1: Company Performance and Projections - Oupenda's commitment for performance is 110 million, which is considered conservative compared to media reports [3] - Oupenda's half-year performance was over 16 million, with expectations to exceed projections for the full year due to explosive growth [3] - The industry is experiencing explosive growth, with a projected annual growth rate of over 30% for companies like Kecen, which has sales exceeding 40 billion TWD [3][4] Group 2: Market Trends and Industry Insights - The penetration rate of metal exterior components in the smart terminal industry is expected to rise from around 10% to 40% in the next few years [4] - The industry is predicted to maintain a high average annual growth rate over the next 3-5 years due to the large shipment scale exceeding 1 billion units [4] - Oupenda's optimistic outlook for next year is based on current orders and ongoing projects, expected to surpass industry growth rates [4] Group 3: Company Operations and Future Plans - Oupenda currently has approximately 1,400 CNC machines available for production [4] - The company plans to invest 100 million in fixed assets following a merger and restructuring [4] - Key growth areas for the company include soundbars, Wi-Fi speakers, smart wristbands, and metal components for home appliances [5] Group 4: Infrastructure Development - The company is undergoing a second phase of construction, expanding its facility by approximately 17,000 square meters, with the first phase covering 13,000 square meters [5] - The second phase is expected to be operational by the end of 2016 and includes projects funded by the company's IPO [5] Group 5: Management Confidence and Stock Plans - The management team expresses confidence in the company's future, with the chairman considering extending the lock-up period for stock [5] - The CEO has indicated a willingness to increase stock holdings if the timing is right [5]