ZG Lightning Protect(SZ:300414)2022-12-06 09:54Group 1: Market Strategy and Expansion - The company plans to enter the railway industry through acquisitions, focusing on lightning protection services [2][3] - The electric power sector is a significant market, with a strong demand for secondary lightning protection [2][3] - The company is actively promoting its lightning monitoring products, which are included in the State Grid's key development projects [3] Group 2: Military and Electromagnetic Protection - The company collaborates with military institutions to develop electromagnetic protection devices for command systems and military vehicles [4][6] - It has obtained all necessary qualifications for military lightning protection, including a quality management system certificate [5][6] - The company is expanding its military business, with a focus on electromagnetic pulse protection and related research [4][5] Group 3: Product Development and Innovation - The company is developing new communication products, which are currently in the customer system testing phase [5][7] - It is also focusing on new technology applications in the new energy sector, particularly for charging stations [5][8] - The company aims to maintain its competitive advantage in the communication sector while expanding into new markets such as defense, energy, and smart buildings [7][8] Group 4: Financial Performance and Profitability - The main product, SPD, accounts for approximately 85% of the company's sales revenue [8][9] - The overall gross margin remains stable, with SPD products maintaining a gross margin of around 40% [9] - The company is exploring new fields to reduce reliance on the communication industry and aims to rank among the top three in various sectors within 3-5 years [8][9]