Feiliks(SZ:300240)2022-12-09 08:18Group 1: Automation and Cost Reduction - The automated warehouse in Kunshan has an operational area of approximately 80,000 square meters, with the upgraded version 3.0 covering about 37,000 square meters, primarily serving a well-known client's global after-sales parts [2] - The project utilizes various technologies to address inventory storage, operations, and logistics pain points, enhancing efficiency and reducing costs [2] Group 2: Industry Focus and Growth - The company is focusing on the intelligent manufacturing logistics sector, with significant growth in the new energy sector, which accounts for about 15% of its business [2] - The automotive sector's revenue remained stable compared to last year, with a business share of approximately 5%, down from around 9% last year due to the pandemic [2] Group 3: Competitive Advantages - The company has a client base of around 10,000 active customers, providing substantial potential logistics demand [3] - It has diversified its services beyond regional warehousing to include a comprehensive network for domestic transportation and international logistics [3] - The company has established a strong project management capability, allowing it to handle complex projects tailored to individual client needs [3] Group 4: International Expansion - The company has accelerated its overseas network development, particularly in Southeast Asia, in response to global supply chain changes and production shifts [4] - It has established five subsidiaries in Vietnam, which is currently the fastest-growing area for the company, with warehouse operations nearing 60,000 square meters [4] - The company plans to expand its operations in Thailand, focusing on the rapid growth of the electronics and automotive sectors [4]