GREAT RIVER SMARTER(002930)2023-03-16 13:14Business Expansion and Strategy - The company invested in establishing a wholly-owned subsidiary to expand into petrochemical product transportation services, aiming to diversify its warehousing and logistics services and enhance customer stickiness through integrated warehousing and distribution services [1] - Future plans include expanding the chemical warehouse business through construction, new projects, and acquisitions in economically active and industry-agglomerated regions to build scale advantages [3] Safety and Training - The company has a professional internal safety training team and conducts quarterly company-wide safety training, with departments and teams organizing at least one training session per month, including exams to assess effectiveness [2] - New safety-related employees must undergo and pass company, department, and team-level training and assessments before starting work [2] Competitive Advantages - The company has a professional talent advantage, with a large-scale warehousing base enabling the deployment of specialized management talent across five major management centers and headquarters functions [2] - Knowledge-sharing advantage: Multiple warehousing bases can learn from each other, creating a knowledge-sharing ecosystem for mutual progress [2] - Cluster and network advantage: Warehousing bases are strategically located in key economic regions, providing regional layout advantages, cluster effects, and network effects, enabling cross-regional storage and retrieval services for customers [2] Industry Insights - The petrochemical storage industry has high entry barriers, strict regulations, long project construction cycles, and large investment requirements, necessitating strong post-merger integration capabilities for successful acquisitions [3]