EST TOOLS(SZ:300488)2022-12-07 08:32Business Segmentation - Automotive parts account for 60-65% of the business, primarily serving high-end automotive equipment and joint ventures. The industry growth is slowing, but new product development and higher technical standards present advantages for the company [2][3] - Aerospace industry currently has a low business volume share, mainly serving large aircraft engine manufacturers with tools for processing turbine discs and blades. There is significant potential for military clients [3] - Power generation equipment accounts for 8% of the business, with major clients including Shanghai Turbine Factory and Harbin Turbine Factory. These clients have larger order volumes compared to last year [3] - Precision machining represents 11% of the business, focusing on tools for key components like RV reducers used in robotics [3] Strategic Planning - The company aims to execute fundraising projects effectively to increase production capacity, addressing long delivery times and customer feedback [3][4] - Emphasis on technological innovation, with significant investment in R&D and collaboration with universities, such as Shanghai Jiao Tong University [4] - The company is developing new products and overcoming technical challenges, particularly in the field of precision tools [4] Market Challenges - The decline in the automotive sector increases pressure on the company, as competition intensifies and the need for cost-effective domestic tools rises [4] - The company is considering downstream business extensions, such as providing small-batch processing services to clients, which could reduce their capital investment in high-precision equipment [4] Military Industry Qualifications - The company does not directly produce military components but provides supporting tools for processing. There are no specific qualification requirements, as the market is fully competitive [3][4]