HAIDA(SZ:300320)2022-12-07 09:34Group 1: Company Overview and Strategy - The company focuses on the research, production, and sales of high-end rubber and plastic components, primarily for rail transportation, construction, automotive, and shipping sectors [2][3] - The vision is to become a leader in the R&D and manufacturing of key rubber and plastic components, emphasizing sustainable development and strong profitability [3] Group 2: Product Sales and Market Performance - The automotive sealing strip business includes sunroof sealing strips and complete vehicle sealing strips, with significant growth observed in the latter, particularly for models like the BAIC C30D [3][4] - The company expects continued growth in the automotive sealing strip sector in the coming year [3] Group 3: Raw Material Impact and Pricing Strategy - The company uses a small proportion of natural rubber, which has limited impact on pricing compared to synthetic rubber, whose prices are influenced by crude oil prices and market supply-demand [4] - Pricing strategies are adjusted based on raw material price fluctuations, with fixed-price contracts for certain projects [4] Group 4: Investment Projects and Production Capacity - The company has invested in a new production line for a 25,000-ton mixing rubber project, improving production efficiency and meeting downstream demand [4] - The profitability of products from investment projects is expected to be high, contributing to revenue and profit growth over the next 2-3 years [4] Group 5: New Product Development - New products in rail transportation include waterproof silicone seals for tunnel construction and flexible materials for tram projects [5] - The company is expanding its product range to include fire-resistant, soundproof, and energy-saving materials for rail vehicles [5] Group 6: Building Sector Sales - The company’s building sector products, particularly EPDM rubber sealing strips, are gaining market acceptance as they replace PVC strips, despite a downturn in the real estate market [5] - The company has become a qualified supplier for some international window system companies, indicating growth potential in the building sector [5] Group 7: Future Plans - Currently, there are no plans for mergers, acquisitions, or stock incentive programs, but the company will disclose any future plans promptly [5]