Hezong Science & Technology(SZ:300477)2022-12-08 02:58Group 1: Company Overview and Market Context - Beijing Hezhong Technology Co., Ltd. is actively engaging with investors to discuss its business outlook and product categories [1] - The State Grid plans to invest 2 trillion in future distribution network construction and renovation, which could significantly impact the industry [2] - The company expresses confidence in future business growth due to the potential increase in State Grid investments [2] Group 2: Product Performance and Market Strategy - The main revenue-driving products for the company include transformers, box-type substations, and ring network cabinets, with expectations of growth in the railway market [3] - The company aims to expand its market presence through partnerships and channel marketing, given its limited resources for independent market development [3] - An international business department has been established to explore opportunities in international markets, particularly in regions related to the Belt and Road Initiative [3] Group 3: Capacity and Supply Chain Management - The company's production capacity is influenced by its supply chain system and product standardization, which are critical in the industry [3] - The company has accumulated significant manufacturing experience and resources, which will help alleviate supply pressures as new projects come online [3] - A new manufacturing base in Tianjin is expected to commence production in early 2016, enhancing the company's capacity to meet business growth [3] Group 4: M&A Strategy - The company seeks acquisition targets that complement its products and markets, aiming for a synergistic effect that strengthens both parties' businesses [4] - The focus of acquisitions is on long-term cooperation and mutual benefits, rather than merely enhancing stock prices [4]