Inventory Management - The inventory of passive components has returned to a normal level, while the inventory of power components has decreased [3] - The company's inventory strategy is cautious, focusing on accelerating inventory turnover rather than aggressive stocking [3] - The current inventory levels from the original manufacturers are normal, but client-side inventory is lower than normal due to high consumption rates [2] Market Outlook - Future trends for storage components will depend on demand changes before and after the Spring Festival [3] - The smartphone industry saw strong demand in Q3, but demand has recently slowed; the automotive sector is experiencing good order demand, particularly in the new energy vehicle supply chain [4] - The company is considering entering upstream chip design or manufacturing in the future, focusing on niche markets to avoid conflicts with existing product lines [3] Strategic Investments - The company is investing in flying cars based on recognition of the market potential for urban air mobility and the expertise of the R&D team at Yiwit [3] - The prototype of the flying car company, in which the company has a stake, has completed its body assembly and is currently undergoing system testing, with a planned first flight by the end of the year [3] Competitive Landscape - The company's gross margin is higher than that of other distributors due to a higher proportion of passive component sales, which generally have better margins compared to active components [4] - The demand in Southeast Asia is perceived to be better than in the domestic market [4] Future Plans - The company is in discussions to secure more domestic and international brand agencies for storage components, having the necessary financial capacity but lacking experienced personnel in the storage industry [5]
商络电子(300975) - 2023年12月06日投资者关系活动记录表