Group 1: Company Overview - The company, Shenzhen Songsheng Electronics Co., Ltd., reported that its export sales accounted for 13.99% of total sales in the first half of 2023 [1] - China's lighting product exports to Europe and the United States were approximately $22.6 billion from January to October 2023, showing a year-on-year decline of about 16% [1] - Exports to emerging markets reached approximately $23.5 billion, with a year-on-year increase of 1%, maintaining a share of 51% of total exports [1] Group 2: Revenue Breakdown by Application - In the outdoor lighting sector, LED driver sales accounted for approximately 51% of total revenue in the first half of 2023 [2] - Industrial lighting contributed about 27% to total revenue, while plant lighting accounted for around 14% [2] - Professional lighting and other applications combined made up about 7% of total revenue [2] Group 3: Global Expansion and Market Strategy - The company has established wholly-owned subsidiaries and overseas warehouses in North America (Atlanta), Europe (Amsterdam), Singapore, and Hong Kong to enhance global reach [2] - The recruitment of experienced overseas sales personnel aims to expand the company's presence in international markets [2] Group 4: Technological Competitiveness - The company boasts a research and development team of over 200 personnel and has established certified laboratories for various testing [2] - Key technologies include NFC wireless programming, Dali-2, D4i smart digital dimming control, and DMX512 precise digital dimming control, which create competitive barriers [2] Group 5: Capital Increase for Subsidiaries - The company plans to increase capital for its subsidiary, Songsheng Innovation, to strengthen its capital base and support business development [2] - The funding will primarily be used for daily operations and business expansion, aligning the interests of core personnel with the company's growth strategy [2]
崧盛股份(301002) - 2023年12月6日投资者关系活动记录表