Group 1: Company Overview and Performance - The company, Songsheng Electronics Co., Ltd., reported a 5% year-on-year increase in lighting product exports in December 2023, aligning with industry trends [1] - The overall business situation for January 2024 is positive, with a good order status [1] Group 2: Key Highlights for 2024 - Four main aspects contribute to the company's performance: 1. Improved production efficiency and reduced labor costs due to enhanced automation in the manufacturing process [2] 2. Continued technological advantages in high-power LED driver power supply, maintaining strong technical barriers [2] 3. Accelerated global expansion with subsidiaries established in Singapore, North America, Europe, and Hong Kong, enhancing overseas market share [2] 4. The subsidiary, Songsheng Innovation, has products reaching mass production stage, contributing to a second growth line [2] Group 3: Industry Position and Market Share - In 2023, China's lighting products maintained a stable global export share of around 60%, reinforcing its position as a manufacturing hub [2] - The company is recognized as a leading domestic supplier in the LED driver power supply segment, with strong brand and manufacturing advantages [2] Group 4: Product Developments and Pricing - The company has successfully developed and tested several household and commercial energy storage inverters, with some products ready for mass production [2] - The average selling price of LED driver power supplies decreased in 2023 compared to 2022, correlating with product power and configuration [2] Group 5: Innovations in Plant Lighting - In May 2023, a breakthrough in technology led to the development of the world's first ultra-high-rise unmanned plant factory, which automates the entire cultivation process and significantly reduces resource input and labor costs [2]
崧盛股份(301002) - 2024年1月30日投资者关系活动记录表