SNS(300470)2023-11-10 14:26Group 1: Smart Manufacturing Strategy - The company recognizes smart manufacturing as a trend in the industry and has invested significantly in building an intelligent manufacturing system, with a planned investment of 85 million CNY in 2020, which has been largely completed [1] - Current production capabilities rely heavily on human resources due to the nature of the products being small-batch and customized, indicating room for efficiency improvements [1] - The company has been continuously considering the integration of information technology and automation in production to enhance product quality and reduce reliance on human labor [1] Group 2: International Business Growth - The company has seen rapid growth in international business due to long-term market positioning and increased brand recognition [3] - The team responsible for international operations has matured and expanded, enhancing the ability to secure orders [3] - The company aims to leverage China's large-scale refining projects to expand its international market presence, capitalizing on the opportunities presented by the domestic refining cycle [3] Group 3: Differences Between Domestic and International Projects - There are significant differences between domestic and international projects, particularly in complexity and requirements [3] - International projects demand higher standards and more complex execution, necessitating a workforce that understands various international standards and certifications [3] - Language proficiency is also a critical requirement for overseas projects, adding another layer of complexity [3]