CHANGLAN TECH.(002879)2024-10-10 11:13Group 1: Market Expansion Achievements - Long Cable Technology has actively participated in bidding for national grid projects and major power generation groups, enhancing its market share in provincial power companies [2] - The company has rapidly expanded its direct sales business and is seizing market opportunities in regions without established sales subsidiaries [2] Group 2: Sustainable Development and Social Responsibility - The company adheres to its mission of "Connecting Global Cables, Illuminating Thousands of Households," balancing economic benefits with social responsibilities [2] - Long Cable Technology promotes collaboration with stakeholders, including shareholders, employees, suppliers, and customers, to foster mutual development [2] Group 3: Business Growth Drivers - The company's performance growth is primarily driven by increased investments in the power grid, the development of renewable energy, and energy storage [3] - New product lines, including 500kV series AC/DC products and smart products, are expected to contribute to future revenue growth [3] Group 4: Research and Development Achievements - Long Cable Technology has made significant advancements in high-voltage insulation materials and cable accessory technologies [3] - The company has invested heavily in R&D, particularly in high-voltage products, ensuring a strong foundation for sustainable growth [3] Group 5: Competitive Strategies - The company maintains a competitive edge by integrating R&D capabilities, financial strength, and operational experience in the cable accessory market [3] - Long Cable Technology is diversifying into new materials and smart technologies to create additional growth points [3]