Manager Zheng Jun Jian:
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Questions related to this report are as follows:
Our main motivation for venturing into the wood connectors market was to diversify our product offerings and tap into the growing demand for sustainable and environmentally-friendly building materials. We recognized an opportunity to leverage our expertise in metalworking to create high-quality connectors that would support the use of brackets in construction, which is increasingly being adopted for its sustainability benefits.
2. Can you introduce the design features of this wood structure connector in detail? Available materials and target customer market?
Our wood connectors are designed with durability and ease of installation in mind. They feature a robust design that ensures a secure and stable connection between timber components. We offer these connectors in a range of materials, including galvanized steel and stainless steel, to cater to different environmental conditions and structural requirements. Our target customer markets include construction companies, timber frame builders, and DIY enthusiasts who require reliable and high-performance connectors for their projects.
3. For the user, what are the advantages of this wooden structure connector in the application?
The main advantages of our wood connectors include their high strength, corrosion resistance, and ease of installation. They are designed to provide a secure connection that can withstand significant loads, making them ideal for both residential and commercial construction projects. Additionally, their compatibility with a variety of timber types and sizes allows for versatile application, while the use of high-quality materials ensures long-term durability and performance.
4. Has this product obtained or is applying for certification?
Our wood connectors are currently in the process of obtaining relevant certifications to meet industry standards. We are committed to ensuring that our products comply with all necessary regulations and quality standards to provide our customers with safe and reliable solutions.
5. Can this product and the gaskets and Stamping Parts produced by your company complement each other in application?
Absolutely. Our wood connectors complement our existing product lines of washers and stamped parts by providing a complete solution for various construction needs. The washers and stamped parts can be used in conjunction with the connectors to enhance their performance and ensure a secure assembly. This synergy allows us to offer a comprehensive range of products that cater to different aspects of construction and assembly processes.
6. Your company has spared no effort in the investment and expansion of the new plant. Would you please talk about the current progress, internal planning and the role you will play in the new plant?
We are pleased to report significant progress in our new plant investments and expansions. The new facilities are currently in the advanced stages of construction and are expected to be fully operational by the end of the year. Internally, we have planned for these new plants to enhance our production capabilities, improve efficiency, and support the development of new product lines. These facilities will play a crucial role in meeting increasing customer demands and expanding our market presence.
7. Has the carbon reduction issue of CBAM, which the EU has paid special attention to recently, also been taken into consideration in your company's new plant planning or production line upgrading plan? Could you explain that a little?
Yes, we have taken the EU's CBAM and carbon reduction initiatives into account in our new plant planning and production line upgrades. We are committed to sustainability and have incorporated energy-efficient technologies and processes to minimize our carbon footprint. This includes the use of renewable energy sources, waste reduction measures, and implementing green manufacturing practices. By doing so, we aim to align our operations with global sustainability goals and contribute to reducing carbon emissions.
8. According to the information on your website, your company hopes to build a smart factory with an area of 25,000 square meters in the future. What kind of smart production line and factory do you want to build? How do you expect this to help your business development and sales?
We envision our smart factory to be a state-of-the-art facility equipped with advanced automation, data analytics, and other technologies. The smart production line will feature real-time monitoring and control systems to optimize efficiency, reduce delivery time, and ensure consistent product quality. By leveraging these technologies, we aim to enhance our production capabilities, reduce operational costs, and improve overall productivity. This smart factory will enable us to respond more effectively to market demands, accelerate product development, and ultimately drive business growth and sales.
9. It was mentioned in the last report that your monthly production capacity is 1,800 tons, 95% of which is sold to European and American markets. Several months have passed, may I ask if there are any changes in your production capacity and sales?
Over the past few months, we have seen a steady increase in both our production capacity and sales. Our investments in new facilities and advanced manufacturing technologies have allowed us to ramp up production to meet growing customer demands. As a result, we have been able to maintain and even exceed our target capacity of 1,800 tons per month. Our strong focus on quality and customer satisfaction has also helped us secure new contracts and expand our presence in the European and American markets.
10. What are your business development goals and expectations for Goodall?
Our primary goal is to continue expanding our product offerings and market reach while maintaining the highest standards of quality and customer service. We aim to become a leading global supplier of fasteners and connectors, known for our innovation and reliability. In the long term, we expect to further strengthen our position in the industry through strategic partnerships, continuous improvement of our manufacturing processes, and by staying ahead of market trends and customer needs. Our ultimate expectation is to achieve sustainable growth and contribute positively to the industries we serve.