BOSHI(SZ:002698)2022-12-07 09:28Group 1: Sales and Market Impact - The company's products have made significant progress in industries outside of petrochemicals, particularly in coal chemical, salt chemical, and fertilizer sectors [1] - The decline in oil prices is beneficial for the refining sector of petrochemicals, which indirectly favors the company's product sales, though the specific impact will require time for assessment [2] Group 2: Product Lifecycle and Market Focus - The typical update cycle for fully automatic packaging and palletizing equipment is between 6 to 10 years, with well-maintained equipment lasting longer [2] - The majority of the company's product sales are directed towards new construction projects rather than renovation projects [2] Group 3: Technological Position and Strategy - The company is recognized as a technological innovator within the industry, possessing substantial technical reserves that lead industry advancements, with no significant threats from technological progress observed [2] - Product service is a strategic focus for the company, with plans to increase investment in this area to enhance profitability [3]