EAGLERISE(CHINA)(SZ:002922)2022-11-21 16:10Group 1: Business Strategy and Development - The company plans to focus on traditional lighting products while exploring new niche markets, aiming for reasonable growth rates [1] - The strategic emphasis is on photovoltaic-related products, with a solid foundation in the solar industry, leading to rapid growth [1] - The company is also concentrating on energy storage opportunities related to its existing photovoltaic business [1] Group 2: Product Performance and Growth - The company's high-frequency inductors used in photovoltaic inverters saw a year-on-year growth of 94.35% in the first half of 2021 [2] - Sales revenue for boost transformers reached approximately 24.61 million yuan in 2020, with 76.30 million yuan achieved in the first half of 2021 [2] - The company aims to enhance its competitive advantage through a smart manufacturing project for photovoltaic grid-connected equipment [2] Group 3: Market Position and Competition - Major competitors in the high-frequency inductor market include Jingquan Hua, Keli Ke, and Shenzhen Haiguang [2] - The company is actively expanding its customer base both domestically and internationally, with new clients such as Jinlang Technology and Goodwe [2] Group 4: Supply Chain and Cost Management - Rising raw material prices significantly impact the company, which has established strategic partnerships with key suppliers to lock in prices [3] - The company has implemented a price adjustment mechanism with some major clients to mitigate the effects of raw material price increases [3] Group 5: Employee Incentives and Global Service - The company plans to introduce a new employee incentive program following the completion of its 2019 stock incentive plan [3] - Subsidiaries in the USA, Japan, and Malaysia enable the company to respond quickly to customer needs and provide efficient after-sales service [3]