图南股份(300855) - 图南股份调研活动信息

Company Overview - Jiangsu Tunan Alloy Co., Ltd. specializes in the research, production, and sales of high-performance alloy materials, including high-temperature alloys and special stainless steels [1] - The company has established a complete industrial chain production process, including special smelting, forging, hot rolling, and casting [1] Financial Performance - In Q3, the company's operating income and net profit experienced a quarter-on-quarter decline due to changes in product sales structure [3] - The company maintains a focus on cost control and aims to optimize its product sales structure to stabilize overall gross profit margins [3] Competitive Advantages - Core competitive advantages include a full industrial chain for high-temperature alloy products, product differentiation, and quality control [3] - The company has developed advanced technologies in high-temperature alloy melting and precision casting, leading to a competitive edge in product quality [4] Subsidiary Development - A wholly-owned subsidiary, Shenyang Tunan Precision Parts Manufacturing Co., Ltd., has been established to enhance the company's capabilities in aerospace component manufacturing [3] Production and Delivery - The typical delivery cycle for products ranges from 1 to 3 months, depending on the product category and specifications [3] - The company has not been affected by recent power restriction policies, ensuring normal production operations [3] R&D and Innovation - The company invests in R&D and collaborates with domestic enterprises and academic institutions to foster innovation [4] - A comprehensive technology and product development system has been established, focusing on continuous innovation [4] Product Composition - The main products of special stainless steel include bars and seamless pipes, primarily used in aerospace and nuclear power applications [4] - The company is advancing projects to produce complex thin-walled high-temperature alloy components, with an expected annual output of 3,300 pieces by the end of 2022 [4] Future Plans - There are currently no plans to expand into blade manufacturing, but the company will focus on providing high-quality raw materials for blade production [5]