ConST(SZ:300445)2022-11-21 05:34Group 1: Company Overview - The company focuses on pressure and temperature detection, operating in a niche market valued at over $10 billion globally [3] - The company has a competitive edge due to significant investment in R&D, leading to product iterations that have outpaced domestic competitors [3] - The company’s product line includes smart instruments that maintain high gross margins due to their critical role in production reliability and traceability [3] Group 2: Product Applications and Market - Key application areas for the company's products include power generation, pharmaceuticals, petrochemicals, and automotive manufacturing [3] - The company is expanding its product offerings in the pharmaceutical sector and aims to meet the increasing demand in industries like petrochemicals and metallurgy due to carbon emission targets [4] Group 3: Technology and Innovation - The company has developed a proprietary MEMS pressure sensor technology, with ongoing collaboration with German teams for product design and testing [4] - The company aims to keep the cost of pressure sensors below $35, with plans for limited external supply of certain sensors in the future [4] - The company is exploring partnerships with software firms to integrate detection software with its hardware, enhancing market reach and service offerings [5] Group 4: Competitive Landscape - Domestic competitors like GaoHua, MaiKe, and WoTian have not yet achieved standard-level production due to limitations in technology and materials [5] - The company has identified high-temperature pressure sensors as a niche market, primarily for aerospace applications, but currently has no plans to enter this segment [5]