VGT(SZ:300476)2022-12-06 08:34Group 1: Company Overview - The company is Shenghong Technology (HuiZhou) Co., Ltd. [2] - The securities code is 300476, and the abbreviation is Shenghong Technology [1] Group 2: Investor Relations Activity - The investor relations activity was held on November 25, 2016, in the company meeting room [3] - Participants included representatives from various investment firms such as China Zhongtou Securities and Guoxin Securities [2][3] Group 3: Key Questions and Answers - The company has sufficient orders and is currently preparing for a private placement project [4] - Future growth points are expected in server circuit boards and automotive electronic circuit boards [4] - Raw material price increases will be mitigated by improved manufacturing efficiency and quality, allowing for a potential increase in sales gross margin [4] - The company sources all raw materials domestically, with exports accounting for over 50% of total sales, making RMB depreciation beneficial for performance [4] - Copper-clad laminate constitutes 20%-30% of costs [4] - R&D expenses exceed 5% of total sales [4] - The shareholding of Dongfang Fuhai has dropped below 1% [4] - The progress of the private placement project has been submitted to the CSRC for disclosure [4] Group 4: Additional Insights - The company has FPC manufacturing capabilities and a technical team, but mass production has not yet commenced [5] - There are considerations for dividends and high share transfers [5]