HNAC(SZ:300490)2022-12-06 07:26Group 1: Company Overview - Huazi Technology Co., Ltd. is involved in the acquisition of Grant and Jing Shi Electromechanical, focusing on environmental water treatment and intelligent manufacturing [4][5]. - The company has over 7-8 years of experience in the environmental water treatment sector and has established a dedicated environmental division [4]. Group 2: Business Growth and Market Strategy - The company expects a growth rate of over 20% in revenue for 2016, despite a slowdown in the hydropower market [5]. - The integration of Grant and Jing Shi Electromechanical is seen as a means to achieve both internal and external growth, enhancing the company's existing business capabilities [4][5]. Group 3: Financial Performance and Projections - In 2016, the company maintained a revenue growth of over 20% [5]. - The gross profit margin for Huazi Technology slightly decreased in 2016 compared to 2015, primarily due to a shift in product structure [8]. Group 4: Product and Technology Insights - Grant's membrane engineering accounts for approximately two-thirds of its revenue, while membrane products contribute about one-third [6]. - The lifespan of MBR membranes produced by Grant is estimated to be 5-8 years, significantly longer than the market average of 2-3 years [7]. Group 5: Market Challenges and Opportunities - The lithium battery equipment market is experiencing a trend of price decline, but the prices for lithium battery equipment are rising due to improvements in technology and precision [8]. - The company is actively seeking to expand its market presence in both industrial and municipal sectors, with a focus on leveraging its existing customer base and technological advantages [5][6].