ConST(SZ:300445)2023-01-13 11:24Group 1: Business Overview - The main business of the company is pressure and temperature and humidity detection instruments, primarily serving the process industry, which has a total output value of approximately 1 trillion CNY in the domestic instrument sector [2][3]. - The domestic market for high-end instruments still has a significant gap compared to European and American companies, particularly in high-end pressure sensors [2][3]. Group 2: Growth Points and Innovations - The company anticipates growth from iterative innovative products, with the ConST811A hydraulic version launched in May 2022 contributing 15 million CNY in revenue within a few months [3][4]. - The company aims for an annual revenue growth target of 20%, focusing on innovative products, especially in the pressure category [3][4]. Group 3: Market Strategy and Expansion - The company plans to expand its market by targeting mid-range customers after enhancing production efficiency through automation at its Yanqing base [3][4]. - The vertical integration of pressure sensors is seen as a long-term growth strategy, with plans to develop high-precision pressure sensors for various applications [4][5]. Group 4: Product Development and Supply Chain - The company aims for 100% self-sufficiency in high-end pressure sensors, with plans to collaborate with domestic sensor manufacturers for specific high-end applications [4][5]. - The company has a robust R&D team of over 100 people, focusing on both product development and foundational technology research [5][6]. Group 5: Digitalization and Smart Operations - Collaboration with Mingde Software aims to enhance user experience through a digital platform that integrates hardware and software for predictive maintenance [6]. - The digital platform will enable automatic data uploads from inspection equipment, improving operational efficiency and reducing costs [6].