LXBY(SZ:002884)2022-11-17 14:20Market Position and Growth - The company holds a leading position in the plastic bathroom pump market, primarily serving the Americas and Europe [2] - The demand for plastic bathroom pumps has increased due to the ongoing pandemic, leading to a significant rise in export sales [2] - The company has experienced substantial growth in sales, attributed to increased orders from customers facing production challenges due to the pandemic [2] Product and Profitability Insights - The company's stainless steel pumps cater to a wide range of sectors, including agriculture, commercial, and municipal construction [3] - Profit margins are closely linked to raw material prices, with potential adjustments based on market conditions [4] - The company anticipates that the gross margin may improve this year compared to the previous year, depending on raw material price stability [4] Strategic Decisions and Future Outlook - The company has focused on developing plastic bathroom pumps since 2000, differentiating itself from competitors who primarily produce general-purpose and cast iron pumps [4] - The company aims to maintain high product quality and efficiency to compete effectively in a highly competitive market [5] - Future dividend policies will be influenced by significant project investments, with a commitment to maximizing shareholder value [4]