Increase(300713)2022-12-04 10:52Group 1: Company Overview - The company invested CNY 53.64 million in R&D in 2019, accounting for 18.53% of its revenue, up from CNY 37.55 million (12.22%) in 2018, representing a growth of 42.85% [4] - As of December 31, 2019, the company had 163 R&D personnel, making up 31.90% of the total workforce [4] Group 2: Revenue Breakdown - As of the end of 2019, revenue from the power industry was CNY 39,728,368.62, accounting for 13.73% of total revenue [4] - Revenue from the new energy vehicle sector was CNY 168,143,102.92, representing 58.10% of total revenue [4] - Revenue from other power sectors was CNY 33,838,531.16, making up 11.69% of total revenue [4] - Revenue from the rail transit sector was CNY 47,710,345.95, accounting for 16.48% of total revenue [4] Group 3: Competitive Advantages - The company maintains a stable core technical team and has not undergone significant changes in its business model [5] - Key competitive advantages include: - Technical Advantage: Strong technical reserves and sustainable R&D capabilities [5] - Cost Control Advantage: Emphasis on supply chain establishment and collaboration to manage costs effectively [5] - Brand and Customer Advantage: Commitment to product quality and comprehensive customer service [5] - Operational Management Capability: A professional and stable management team with a focus on employee engagement and performance assessment [5] Group 4: Future Development Strategy - The company aims to continue focusing on power electronics products, emphasizing independent R&D and technological innovation [6] - Plans to leverage market opportunities in new energy vehicles, smart grids, and rail transit sectors [6] - Future product development will include electric vehicle charging power products and high-power density power products [6] Group 5: Capital Operations - The company intends to explore capital operations such as investments and mergers to extend its industrial chain and product lines [6] - Commitment to maintaining transparency and compliance with information disclosure regulations [6]