民爆光电(301362) - 2024年1月24日投资者关系活动记录表

Group 1: Investor Relations Activities - On January 24, 2024, a site visit was conducted with representatives from Ping An Asset Management and Tianfeng Securities [1] - A telephone conference was held on January 24, 2024, involving multiple asset management companies [2][3] Group 2: Market Strategy and Expansion - North America accounts for approximately 30% of the global LED lighting product demand [4] - The company has two main strategies for the North American market: 1. Establishing a subsidiary focused on mid-to-high-end industrial lighting for engineering clients 2. Expanding commercial lighting and general industrial lighting through a subsidiary in Vietnam [4] Group 3: Product Certification and Barriers - The company has obtained major international certifications, including FCC (USA), SAA and C-TICK (Australia), CE (EU), TUV (Germany), and PSE (Japan) [5] - The company has established barriers through: 1. Product development capabilities tailored to customer needs 2. Comprehensive service offerings that enhance customer experience 3. Talent retention strategies through equity incentives [5] Group 4: Profit Margins and Future Outlook - Industrial lighting has higher profit margins compared to commercial lighting due to stringent technical requirements [6] - The company anticipates stable profit margins, with potential declines in conventional product margins offset by increased R&D for smart and specialized lighting products [6]