Company Overview - Qiaoyuan Co., Ltd. specializes in the research, production, sales, and service of high-purity gases, having established a comprehensive supply network over nearly 20 years [1][2] - The product range includes high-purity oxygen, nitrogen, argon, medical oxygen, food nitrogen, industrial oxygen, carbon dioxide, hydrogen, various electronic gases, and mixed gases [2][3] - The company serves a diverse clientele across traditional industries such as metallurgy, chemical, military, and medical, as well as emerging sectors like new energy, semiconductors, and biomedicine [2][3] Production Capacity - Current production bases include Wenchuan, Fuzhou, and Dujiangyan, with specific capacities: - Wenchuan: 30,000 Nm³/h liquid oxygen, 40,000 Nm³/h nitrogen, 10,000 Nm³/h liquid nitrogen, 1,000 Nm³/h liquid argon, and 20 Nm³/h high-purity liquid oxygen [3] - Fuzhou: Two production lines with capacities of 25,000 Nm³/h and 40,000 Nm³/h [4] - Dujiangyan: Backup production base with a capacity of 5,800 Nm³/h [3] Future Expansion Plans - Three additional production bases are under construction or in trial production, with capacities of 12,000 Nm³/h and 25,000 Nm³/h [4] - The company aims to leverage the growing demand in industrial parks, enhancing its market presence and operational efficiency [4][8] Financial Performance - In Q3 2022, the company reported revenue of 255 million CNY, a year-on-year increase of 18.71%, and a net profit of 50.68 million CNY, up 13.35% [5] - The impact of power restrictions in Sichuan was minimal on operations [5] Competitive Landscape - The domestic industrial gas market is growing, with competition from both international suppliers and local companies [6] - Qiaoyuan's competitive advantages include a strong customer base of nearly 5,000 clients, cost efficiency, and a robust supply chain [6][7] Strategic Pricing Model - Pricing is based on production costs and market conditions, with a focus on long-term contracts for stable customers [7] - The company employs a dynamic pricing strategy that adjusts based on market fluctuations and operational costs [7] Future Development Strategy - Plans to expand into high-purity gas markets and special gases for emerging industries [8] - The company aims to enhance its product offerings and market share in response to increasing demand from sectors like new materials and biomedicine [8][9]
侨源股份(301286) - 2022年11月04日投资者关系活动记录表