Der(002631)2023-06-28 12:17Group 1: Investor Relations Activities - The investor relations activities included specific object research, analyst meetings, media interviews, performance briefings, press releases, roadshows, site visits, and conference calls [2] - The event took place on June 28, 2023, from 9:30 AM to 12:00 PM at the company exhibition hall and 21st-floor conference room [2] - Key personnel included Chairman Ru Jiyong and Board Secretary Li Hongxian [2] Group 2: Company Overview and Market Position - The company has a low supplier concentration risk, with the top five suppliers accounting for approximately 15% of total procurement [3] - The sales model consists of a distributor model and a direct sales model, with over 50 strategic partnerships established with top 100 developers in China [3] - The company is affected by the downturn in the real estate industry, which impacts both supply and demand, leading to decreased project volumes and revenue in the flooring and home furnishing sectors [3] Group 3: Operational Efficiency and Risk Management - To enhance operational efficiency, the company focuses on improving customer acquisition and conversion rates, developing "new retail" business, and exploring niche markets [4] - The company has adjusted its business cooperation policies to reduce accounts receivable and bad debt risks by adopting cash-on-delivery and prepayment models [4] - A comprehensive risk control system is in place to manage accounts receivable and mitigate potential risks from upstream real estate companies [4] Group 4: Financial Performance and Investment Strategy - The company reported substantial investment income primarily from low-risk bank financial products [4] - Currently, there are no plans for external investments or acquisitions, but the management remains attentive to industry dynamics that align with the company's strategic development [4] Group 5: Graphene Business Development - The company's graphene business has low revenue contribution but focuses on R&D and commercialization of graphene applications [5] - Products include air purification series, thermal conductive materials, and innovative flooring solutions utilizing graphene's unique properties [5] - The company aims to enhance its technological reserves in the graphene sector and explore the application of research outcomes in products [5]