LEAD INTELLIGENT(SZ:300450)2022-12-06 05:24Group 1: Company Operations and Developments - The new lithium battery equipment base is expected to release production capacity in Q3 2017, but will not generate sales revenue this year [3] - The major shareholder, Wuxi Xiandao Investment Development Co., Ltd., is issuing exchangeable bonds to fund the IDC data center project [3] - Orders with Gree Intelligent are expected to be delivered within this year [3] - The expansion plans of major customers for lithium battery equipment will positively impact the company [3] Group 2: Product and Market Dynamics - The company's products are customized, with a production cycle of 3-6 months; revenue recognition is based on customer acceptance certificates, taking about 1 year from shipment to revenue confirmation [3] - Main competitors are Japanese and Korean equipment manufacturers, with overall performance differences being minimal [3] - The collaboration with Titan New Power in the specialized equipment manufacturing industry will enhance the business synergy and extend the lithium battery production equipment business chain [3] Group 3: Financial Projections and Goals - The performance agreement with Titan New Power includes net profit targets of CNY 105 million, CNY 125 million, and CNY 145 million for the years 2017-2019 [3] - The company plans to continue exploring external development in the lithium equipment sector, focusing on new technology and product research, while adapting to the rising industry trends [3] - The company is also looking to cultivate new industries and spaces in line with Industry 4.0 to address future market opportunities and challenges [4]