EWPT(SZ:300115)2022-12-08 05:26Company Overview - Shenzhen Changying Precision Technology Co., Ltd. was established in 2001 and relocated to Fuyong in 2004. The company went public in 2009 and currently has a factory area of 300,000 square meters with six subsidiaries [3]. - Since its listing, the company's revenue has increased from 280 million CNY to 1.725 billion CNY, and net profit has grown from 54 million CNY to 222 million CNY [3]. Strategic Positioning - The company focuses on the precision electronic components industry and adheres to a major customer strategy [3]. - Three core competitive advantages include strong capabilities in precision component and structure design, advanced precision mold and fixture processing, and comprehensive metal product manufacturing processes [3]. Investor Interaction - During the investor meeting, the company emphasized the importance of R&D alongside advanced machinery for long-term development, highlighting the expertise of its engineering and technical teams [3]. - The company is currently working on a non-public stock issuance project, which is a top priority for the year, pending regulatory approval [4]. Market Insights - The CNC market has significant gaps, with many companies entering the industry. The company has been preparing for large-scale CNC production since 2011 and is now in a positive cycle with full order books [4]. - The company has a first-mover advantage in the CNC market, which has high barriers to entry in terms of capital, equipment, and technology [4]. Compliance and Communication - The company ensured that all communications with investors were conducted in compliance with regulations, with no disclosure of undisclosed significant information [5].