YINGHE TECHNOLOGY(300457)2022-11-21 16:18Group 1: Order Status - The company signed new orders exceeding 4.4 billion yuan in 2021, representing a nearly 100% year-on-year increase, with major clients accounting for over 90% of the orders [3] - The current order backlog is robust, indicating sustained demand in the lithium battery equipment sector [3] Group 2: Delivery and Production - The company is constructing the Dongjiang Industrial Park, covering approximately 370,000 square meters, with gradual delivery and usage underway [3] - The second quarter's shipment volume has improved compared to the first quarter, reflecting a positive trend in production and delivery [4] Group 3: Profit Margin Challenges - Short-term gross profit margins are under pressure due to rising material costs and increased labor and material reserves for new orders [4] - The company is addressing margin pressures through enhanced cost control and efficiency improvements in the production process [4] Group 4: International Market Development - The company maintains a close partnership with LG, having secured significant orders, including a 370 million yuan contract for cylindrical winding lines [4] - The company is expanding its presence in overseas markets, with recent orders from Europe and ongoing discussions with potential clients in the U.S. [4]