HENGTONG TECH.(SZ:300374)2022-12-05 06:31Group 1: Product Development and Innovation - The company has developed a new inorganic wall material with a fire rating of A, suitable for high-rise buildings, compared to the existing wood-plastic material with a B1 fire rating, which is limited to low-rise buildings (up to 6 stories) [2] - The core product is a flame-retardant wood-plastic composite wallboard, which offers superior insulation, energy efficiency, and water resistance, achieving sound insulation of 45 decibels [3] - The company is implementing a "three-dimensional integrated wallboard" project that combines industrialization, decoration, and information technology to enhance production efficiency and simplify installation [4] Group 2: Raw Material Management and Cost Control - The main raw materials for wood-plastic walls are PVC, fly ash, and wood fibers, with PVC costs significantly impacting overall material costs [3] - To mitigate the impact of PVC price fluctuations, the company plans to engage in deep processing of recycled resources, having established a subsidiary in Dalian for this purpose [3] Group 3: Market Strategy and Expansion - The company aims to implement a strategy of "one center, multiple bases," establishing Beijing as the R&D and management center while diversifying production bases in Suqian and Kashgar [4] - The majority of projects undertaken by the company are public and civil construction projects, with a significant portion coming from government and state-owned enterprises [5] Group 4: Financial Performance - The company's operating profit decreased in the first half of 2016 due to fewer completed integrated housing projects, although the overall annual performance is expected to be normal [4]