PPF(SZ:300258)2023-10-04 07:16Group 1: Company Overview - The company is Jiangsu Pacific Precision Forging Technology Co., Ltd. [2] - The stock code is 300258 and the bond code is 123174 [1] Group 2: Investor Relations Activities - The investor relations activity took place on September 18, 2023, at 1:30 PM [2] - Participants included representatives from various securities firms and investment funds [2] Group 3: Product Development and Market Strategy - The company plans to complete the electric vehicle reducer product by the end of this year [2] - The company aims for a revenue growth of no less than 20% in 2024 compared to 2023 [2] - The company has established agreements for overseas factories, ensuring competitive pricing compared to local suppliers [2] Group 4: Financial Expectations - The company expects stable gross margins due to increased capacity utilization [3] - Additional costs are anticipated from convertible bond interest and increased employee expenses in the second half of the year [3] Group 5: Competitive Advantages - The company possesses advantages in the assembly field through its independent design, analysis, and testing platforms [3] - It aims to build a strong capability in planetary reducer design and problem-solving, positioning itself as a platform supplier in the industry [3]