Group 1: Company Overview - The company's main products include golf carts, sightseeing cars, patrol cars, and cargo electric vehicles, with golf carts accounting for over 70% of revenue [1] - The United States is the company's primary market, contributing approximately 50% of total revenue [1] Group 2: Market Expansion - The company has prioritized expanding into domestic and non-U.S. markets, previously focusing on U.S. customer orders due to capacity constraints [2] - With the release of production capacity in 2023, the company is intensifying efforts to develop these two markets, particularly in regions involved in the Belt and Road Initiative [2] Group 3: Future Outlook - For 2024, the company plans to continue investing in both U.S. and non-U.S. markets, adapting strategies based on market conditions and demands [2] - The short-term goal in the U.S. market is to collaborate with major clients to optimize vehicle models and sales strategies, aiming to capture a larger market share from the top three international brands [2] - Anticipated interest rate cuts in the U.S. in 2024 are expected to boost consumer demand, positively impacting the company [2] Group 4: Product Development - There is a trend towards lithium battery adoption in golf carts, although the current proportion of lithium batteries is low, depending on customer demand [2] - As the cost gap between lithium and lead-acid batteries narrows, customer demand for lithium batteries is increasing, and the company plans to gradually transition to lithium configurations based on this demand [2]
绿通科技(301322) - 2024年01月03日投资者关系活动记录表