Zhejiang Zhaolong Interconnect Technology (300913)2024-05-29 00:52Group 1: Market Conditions and Demand - The overall market demand in the company's industry has shown a year-on-year increase based on recent customer orders [2] - The company's order visibility remains stable, with production and delivery of various orders proceeding in an orderly manner [3] Group 2: Pricing and Profit Margins - The company employs a cost-plus pricing strategy for its data cable products, adjusting prices based on daily copper market prices and other costs [3] - The gross margin for Q1 2024 has slightly decreased compared to 2023, primarily due to product mix effects [3] Group 3: Competitive Advantages and Market Position - The company has nearly 30 years of experience in the digital communication cable industry, establishing strong competitive advantages in production technology and product quality [4] - The company has maintained a leading market position in data cables and wiring systems, with stable long-term partnerships with customers [4] Group 4: Future Growth and Market Expansion - The high-speed interconnect market is experiencing rapid growth, driven by the development of digitalization and artificial intelligence [4] - The company is actively expanding its market share by optimizing production efficiency and continuously developing its product line [6] Group 5: International Expansion - The company has leased a factory in Thailand to expand its market presence and is currently installing equipment and laying out production lines [5] - Future production timelines will depend on construction progress and market conditions [5]