Inovance(300124)2025-04-07 09:58Group 1: Investor Relations Activities - The company conducted multiple investor relations activities from March 17 to April 3, 2025, including on-site research and strategy meetings with various investment firms [1][2][3][4][5][6][7][8]. - A total of 9 participants attended the first on-site research on March 17, while 28 participants attended the first on-site research on March 18 [1][2]. Group 2: Product Development and Market Expansion - The company has extended its product line to include precision machinery, pneumatic products, sensors, and efficient motors, focusing on bundled sales strategies to meet customer needs [4][5]. - The PLC (Programmable Logic Controller) products have seen significant sales growth, with ongoing investments in R&D to enhance capabilities and expand into various industries such as lithium batteries, 3C, and photovoltaics [4][5][6]. Group 3: Market Trends and Business Growth Drivers - The 2024 government initiative aims to promote large-scale equipment updates, particularly in the industrial sector, driven by technological advancements and changing market demands [7]. - The company anticipates that the demand for equipment upgrades will support business growth, as new technologies improve production efficiency and product quality [7]. Group 4: Elevator Business Outlook - The elevator business is expected to maintain steady growth, focusing on expanding into multinational enterprises and enhancing overseas market presence [8]. - The company plans to strengthen its service market for elevators, capitalizing on the increasing demand for maintenance and replacement services in China's growing elevator stock [8].