ORG Technology(SZ:002701)2022-11-21 16:20Group 1: Investor Relations Activities - The company participated in the "2021 Beijing Listed Companies Investor Reception Day" on September 23, 2021, from 15:00 to 17:00 [2] - Key personnel included CFO Wang Dong and Secretary Gao Shujun [2] Group 2: Investor Questions and Responses - Investors inquired about the delay in stock purchases by major shareholders, to which the company responded that arrangements would be made within 12 months after the completion of land sales in Foshan [2] - Regarding the Yixing production base and ongoing legal cases, the company stated that operations with China Red Bull are normal and the cases are under review, not significantly impacting operations [2] - Concerns about related party transactions were addressed, clarifying that all transactions follow market pricing principles and are approved through proper channels [2] - The company confirmed that transactions with Shanghai Huimei Leasing Co., a wholly-owned subsidiary of a major shareholder, are normal business operations and will continue based on business needs [3] Group 3: Financial Performance and Market Strategy - The company adjusted product prices due to changes in raw material costs, with a price increase of 3-4 cents for some products in Q3 [3] - The revenue contribution from Red Bull products has decreased due to the integration of two-piece can businesses and the development of milk powder can products [3] - The company is focusing on developing its own brand beverages and has launched a self-purchase mall for its products [4] - The company maintains a stable growth trend in its Red Bull business and has no plans to switch to two-piece cans [5] Group 4: Cost Management and Operational Efficiency - The impact of rising aluminum prices on financial costs is being managed through various strategies, including cost pass-through mechanisms and optimizing procurement [4] - The company reported that electricity costs constitute a small percentage of manufacturing costs, and power rationing has minimal impact on production [5] - The company is exploring new beverage varieties while maintaining its focus on integrated packaging services [5]