CAPOL(SZ:002949)2022-12-05 06:52Group 1: Company Overview - The main business of Huayang International is architectural design and its extended services, divided into three main segments: design, technology research and development, and new business [1][2]. - The design segment has a large market capacity with increasing industry concentration, leading to rapid growth in personnel, orders, and revenue, although profit growth is relatively low due to rising costs [1]. Group 2: Technology and Innovation - The company focuses on research and development in prefabricated buildings and BIM technology, with prefabricated orders accounting for approximately 25-30% of total orders [2]. - Huayang International is developing a three-dimensional design platform and project management platform to enhance design efficiency and quality through BIM technology [2]. Group 3: Business Expansion Strategy - The company is expanding its regional coverage by establishing new offices in Hainan, Jiangxi, and Guangxi, in addition to existing locations in Shenzhen, Guangzhou, Shanghai, and Changsha [2]. - The expansion strategy primarily involves setting up new companies and cultivating teams, with a focus on vertical integration to enhance design and technology capabilities [2]. Group 4: Competitive Advantages - Prefabricated building design is more precise and has a greater impact on costs compared to conventional design, requiring higher professional standards from design teams [2]. - Since 2004, the company has developed a comprehensive product and technology research system, providing integrated solutions that enhance client value [2]. Group 5: Management Efficiency - As the company scales, it emphasizes platform and system construction to improve management efficiency, adopting a "large platform, small team" management structure [2][3]. - The focus is on reducing management complexity while enhancing operational efficiency through clear division of responsibilities [3].