Keshun(SZ:300737)2022-12-04 09:00Group 1: Company Performance - The company's revenue is expected to grow by approximately 50%-60% in the first half of the year due to strong market demand and increased production capacity compared to last year [2][4] - The company has effectively undertaken production tasks to meet order demands, contributing to revenue growth [3] Group 2: Accounts Receivable Management - The increase in accounts receivable is in line with revenue growth, and the company's accounts receivable as a percentage of revenue remains reasonable compared to peers [4] - The company has established a working group to manage accounts receivable, implementing targeted collection measures and optimizing customer structure to mitigate growth in accounts receivable [4] Group 3: Industry Trends - The waterproofing industry is expected to grow rapidly due to increasing awareness of waterproofing importance and higher design requirements from the Ministry of Housing and Urban-Rural Development [4] - The market for high-quality, easy-to-apply, and environmentally friendly waterproofing materials is anticipated to expand, benefiting leading companies in the industry [4] Group 4: Competitive Landscape - The entry of other companies into the waterproofing industry is viewed positively, as it is expected to promote orderly development and accelerate industry consolidation [4] - The presence of regulated companies in the waterproofing sector will help improve industry standards and reduce instances of poor-quality production [4] Group 5: Corporate Governance - The company has adopted a professional management model, with the controlling shareholder and actual controller holding shares but only one family member serving as the chairman [5]