Kaiyuan EDU(SZ:300338)2022-12-07 09:36Group 1: Fuel Intelligent Management System - The construction of the fuel intelligent management system is a management measure for coal-fired power plants to reduce fuel costs and improve efficiency, actively promoted by domestic coal-fired power plants since last year [2][3] - The project progress is slower compared to the plans of major companies like Guodian Group, with various projects currently undergoing delivery and acceptance [3] - The market promotion of the fuel intelligent management system has provided significant opportunities for the company [3] Group 2: Impact of Coal Prices - The company's product sales are related to coal prices, but demand from units involved in coal production, supply, and sales will persist [3] Group 3: Competitive Advantages - The company's competitive advantage lies in its long-term technical accumulation in coal quality and its capability in all aspects of the fuel intelligent management system implementation [3] Group 4: Future Market Potential - The market for fuel intelligence is expected to expand continuously due to evolving user demands [4] Group 5: Subsidiary Developments - Changsha Riban Automation Technology Co., Ltd. is focused on the R&D, production, and sales of automated medical, pharmaceutical, food, and cosmetic machinery, currently in a loss-making state despite having signed two orders [4] - Changsha Jiuwang Agricultural Technology Development Co., Ltd. was established recently and is currently in the investment phase, with a small investment of several million due to favorable national policies on agricultural technology [4] Group 6: Project Implementation - The completion time for an EPC order varies due to the customized nature of such projects [4]