HAIDA(SZ:300320)2022-12-07 09:46Group 1: Company Strategy and Market Focus - Haida Co. focuses on the development, production, and sales of high-end rubber and plastic components, primarily for rail transportation, construction, automotive, and shipping sectors [2][3] - The rail transportation sector has become the company's largest product area, with significant emphasis on high-end equipment [3] Group 2: Impact of Raw Material Prices - The company uses a small proportion of natural rubber, which has limited impact on its overall pricing strategy; synthetic rubber prices are more influenced by crude oil prices and market supply-demand dynamics [3] Group 3: Sales Performance and Growth Drivers - The sales of automotive sealing strips have significantly increased due to the production of complete vehicle sealing strips for models like the BAIC C30D, which began mass production last year [3][4] - The company anticipates continued growth in this segment due to the increasing demand for panoramic sunroof sealing strips [4] Group 4: Financial Considerations - The depreciation of fixed assets from fundraising projects is expected to increase, impacting operating performance; however, the management aims to promote these products to enhance profitability [4] - The increase in salary costs is attributed to hiring new graduates and industry professionals, as well as preparing for the upcoming capacity release from fundraising projects [4][5] Group 5: Product Development and Market Trends - The company has made breakthroughs in tunnel waterproofing and vibration reduction products, with applications in significant projects like the Northeast Thermal Power Center [4][5] - In the construction sector, the company’s EPDM rubber sealing strips are gaining market acceptance as they replace PVC strips, despite a downturn in the real estate market [5] Group 6: Mergers and Acquisitions - The company is actively seeking growth opportunities through potential mergers and acquisitions, although it currently has no specific plans or targets [5]