Yorhe(002795)2022-12-05 06:38Group 1: Financial Performance - In 2015 and 2016, the company's revenue experienced a slight decline due to the downward trend in copper prices, with only a rise in November and December 2016 [3] - The average copper price in 2016 remained lower than in 2015, significantly impacting the company's revenue [3] Group 2: Product Segmentation - In 2016, revenue from lead-free products accounted for 43% of total revenue, reflecting a shift towards healthier product options [3] - The company is promoting lead-free products in the European market, anticipating increased global emphasis on lead-free regulations [3] Group 3: Market Outlook - The trend towards smart valves and fittings is expected to grow, driven by rising consumer demand for smart home solutions [3] - The company plans to expand its domestic sales market while consolidating its position in international markets [3] Group 4: Future Development Strategy - The company aims to leverage the global shift in the plumbing industry and focus on the design, manufacturing, and sales of various plumbing valves and fittings [3] - Future strategies include enhancing the supply capability of lead-free environmental products and developing proprietary brand strategies [3]