Securities code: 300870 securities abbreviation: Shenzhen Honor Electronic Co.Ltd(300870)
Shenzhen Honor Electronic Co.Ltd(300870)
Record of investor relations activities
No.: (2022-003)
\uf0fe specific object research □ analyst meeting
□ media interview □ performance description
Investor relations activities
□ press conference □ Roadshow
category
\uf0fe site visit
□ others (please specify other activities in words)
Name and of participant
Shenzhen Pengcheng cornerstone Investment Management Co., Ltd
Personnel name
Time: 10:40-11:30, February 10, 2022
Place: company conference room
Receptionist of listed company
Cai Lilin, director of investor relations
Member name
1. What downstream areas does the company’s products currently cover? What downstream areas will it expand to in the future?
The company is mainly engaged in the R & D, production and sales of switching power supply products. The company’s main products include power adapter and server power supply. The company’s products are widely used in investor relations activities in many fields, such as office electronics, network communication, security monitoring, data center, power battery, main content introduction equipment, audio, financial POS terminal and so on. In the future, the company will continue to expand the IDC industrial chain and lay out businesses such as large watt power battery equipment chargers and home appliance chargers.
2. How about the construction of the company’s R & D team?
In the first half of 2021, the company had 390 R & D personnel, accounting for 7.88%, with a year-on-year increase of 77.27%. The company has R & D centers in Shenzhen, Taiwan, the United States, Hangzhou, Shanghai and other places, which can cooperate with customers more efficiently. The company will continue to invest heavily in R & D and build a competitive R & D technology platform. In order to better serve customers and enhance the brand influence of the company, the company will further improve the R & D system, and the company will set up project R & D and pre research teams. In the process of tracking customers’ needs, the project R & D team continuously improves the performance of existing products, improves customers’ cooperation intention, timely captures customers’ project needs and feeds them back to the pre research team. The pre research team is responsible for tracking the latest technology trends in the industry and carrying out forward-looking technical research and technical reserves in combination with the new needs put forward by customers. The two teams help the company to keep up with the changes in the upstream and downstream of the industry, analyze and adjust the scheme, promote the company to continuously maintain the leadership of R & D technology, apply innovative technology to practical and effective products, accelerate the project R & D team to win customers, promote sales growth and obtain market returns.
3. Is the company confident of achieving the performance goal of equity incentive?
The company actively carries out layout in power adapter, server power supply and other power supply sectors to explore new performance growth points. The company’s R & D technology of power adapter has been at the leading level in the industry, and has a good brand effect and customer reputation in the market. In the future, it will continue to expand more categories horizontally and plough vertically to obtain more customer share, make full use of its advantages and maintain growth. The company’s server power supply has become the power supplier of many leading enterprises. Its products cover 60W to 4000W watts, which can fully meet the customized needs of customers. In other power supply sectors, the company has reached cooperation with power tool customers. In the equity incentive plan, the company has set the revenue and net profit growth indicators from 2022 to 2024. The company will go all out to achieve the business objectives.
4. What are the company’s current orders and production capacity?
At present, the company operates well and has sufficient orders on hand. The company is increasing production capacity in Shenzhen, Dongguan, Ganzhou and Vietnam. At present, the company has sufficient production capacity and can
Respond to current order requirements.
5. What are the purposes of the land and real estate purchased by the company in Shenzhen?
The business site of the Shenzhen headquarters of the company is a leased site. The land and real estate purchased near the headquarters will be used for R & D, office, business and management, which will help to better coordinate with the existing headquarters, improve the R & D, production, business and other systems, comprehensively upgrade the group headquarters and further enhance the comprehensive competitiveness of the company.
This activity does not involve the disclosure of major information.
Annex list (if any) none
Date: February 10, 2022
