Sichuan Tianyi (SZ:300504)2022-12-03 08:58Company Overview - Sichuan Tianyi Kanghe Communication Co., Ltd. is engaged in the broadband access product market, focusing on technological upgrades and competitive pricing strategies [2][4]. Product Pricing and Trends - The price trend for broadband access products shows that the cost of a 100M optical modem is higher than that of a 50M modem, with annual price reductions expected [4]. - The company has won bids for major projects, including a 399 million CNY order for IPTV set-top boxes and approximately 1 billion CNY for Tianyi Gateway 3.0, contributing significantly to revenue [5]. Material Costs and Supply Chain Management - The overall material cost pressure is decreasing, with the market for raw materials currently in surplus, leading to lower procurement prices [6]. - The company has implemented measures such as adjusting procurement cycles and inventory levels to further reduce costs [6]. Employee Incentives and Management - Prior to its IPO, the company conducted equity incentives for management and key employees in 2012 and 2016, and plans to continue such incentives to enhance team cohesion and share in the company's growth [6]. Compliance and Investor Relations - During investor relations activities, the company adhered to regulations, ensuring no significant undisclosed information was leaked, and all visiting investors signed a research commitment [7].