An investor asked on the investor interaction platform: Hello, Mr. Wu, the gross profit margin of the company’s RV Reducer has shown a downward trend in recent two years. What are the main reasons for the decline? How to ensure the bargaining power of reducer products in the future? What is the layout in the direction of precision reducer in the future? thank you
Ningbo Zhongda Leader Intelligent Transmission Co.Ltd(002896) (002896. SZ) said on the investor interaction platform on January 7 that the gross profit margin of products is mainly affected by many factors such as product process, raw material cost and labor cost. The company will continue to actively explore the market, increase R & D investment, strengthen cost control, improve profit margin and strive to improve the bargaining power of products.
(source: Daily Economic News)
