LONGZHOU GROUP CO.(SZ:002682)2022-12-07 08:46Group 1: Impact of High-Speed Rail on Passenger Transport - The opening of high-speed rail (HSR) has caused a certain degree of passenger flow diversion, but the impact is within expected limits [2][3] - Recent HSR openings, such as the Longxia and Xiangpu railways, have already stabilized their effects, while the Hefei-Fuzhou HSR has been operational for six months with impacts as anticipated [3] - The company is actively optimizing and innovating its passenger transport model to enhance passenger flow distribution and develop new business opportunities [3] Group 2: Diversification and Development Strategy - The company adheres to a development strategy centered on passenger and freight logistics, while moderately extending its industrial chain [4] - It aims to stabilize and consolidate its passenger transport business while significantly developing modern logistics and stable oil and gas operations [4] - The company is also involved in the automotive aftermarket, including sales and maintenance, and is participating in the research and manufacturing of new energy vehicles [4] Group 3: Project Progress and New Growth Points - The company has made significant progress on various projects, including the acquisition of the Wuhu port project, which is expected to enter trial operation by the end of this year or early next year [4] - The Wuping logistics center is nearing completion, and the Tianjin CNG processing plant is expected to be operational by the end of the year [4] - The company is also advancing its LNG refueling station project in collaboration with CNOOC, with planning and site selection underway [4] Group 4: Strategic Adjustments and Market Dynamics - The company is continuously adjusting its strategy in response to macroeconomic conditions and industry trends, maintaining its core focus on passenger and freight logistics [5] - It emphasizes the importance of consolidating core businesses while promoting new business developments and enhancing synergy across various operations [5] - The company remains open to potential acquisitions of quality enterprises in related industries, provided there are suitable opportunities and sufficient liquidity [5]