维宏股份(300508) - 维宏股份调研活动信息

Financial Performance - In H1 2022, the company's revenue was 212 million, a decrease of 2% year-on-year [1] - The net profit attributable to shareholders was 31.58 million, down 28% year-on-year [1] - The non-deducted net profit was 29.4 million, a decrease of 23% year-on-year [1] Market Position and Competition - The main competitors in the laser cutting control system market are the company and Baichu [2] - In the water cutting sector, the company is the primary supplier with strong competitive power [2] - The company aims to enter the first tier of the CNC machine tool control system market, currently positioned in the second tier [3] Product Development and Customization - The Phoenix platform is designed for customization and secondary development, catering to both head customers and small clients [2] - The company has transitioned all new product development to the Phoenix platform since 2021 [2] - The LS6000M system, launched in the second half of last year, can support laser cutting machines up to 20,000 watts [2] Profitability and Cost Management - The gross profit margin in the laser cutting sector has not seen a decline like traditional lathe systems, as performance demands remain stable [2] - The overall gross profit margin has increased due to a shift in product structure, with lathe systems having significantly lower margins [3] - Rising raw material prices have some impact, but the core product remains software, which mitigates cost pressures [3] Customer Relations and Service - The company emphasizes value-added services, providing technical support and solutions to customers [4] - Customer retention is driven by meeting standards and providing excellent service, rather than just competitive pricing [3] - The company has a nationwide marketing network to support customers effectively [4] Strategic Direction - The company does not plan to enter the laser head market but will collaborate with upstream component manufacturers [5] - Future development will focus on laser processing in areas such as cleaning, welding, and cladding, alongside CNC systems [3] - The company aims to maintain a healthy competitive environment without engaging in price wars [4]