四会富仕(300852) - 四会富仕调研活动信息

Group 1: Company Overview - The company, Si Hui Fu Shi Electronic Technology Co., Ltd., focuses on industrial control products, which require a lifespan of over 10 years and long-term continuous operation [1] - The company has established long-term cooperative relationships with well-known international clients such as Omron, Panasonic, and Yokogawa Electric [2] Group 2: Product Characteristics - Industrial control products prioritize long-term stability and quality due to harsh operating conditions [1] - The company’s industrial control products account for approximately 60% of its revenue, while automotive products account for about 20% [3] Group 3: Market Position and Strategy - The company’s largest client accounts for only about 5% of total revenue, indicating a diversified client base with significant room for order share growth [3] - The company aims to expand its market share in the Japanese market and continue to develop domestic and European automotive clients [3] Group 4: Profitability and Future Outlook - Industrial control products have higher gross margins compared to automotive products, which are primarily used in vehicle communication systems and interior lighting [3] - The company plans to optimize its product structure and maintain stable gross margins through continuous R&D investment and capacity expansion [4]