凱眾股份(603037.SH):線控業務股權調整是公司的戰略佈局
格隆匯6月12日丨有投資者向凱眾股份(603037.SH)提問:公司幾個業務屬於細分領域,線控業務公司不再控股,應該怎麼理解公司的利潤天花板?
凱眾股份回覆:一方面,公司兩個核心業務、四個戰略業務中的三個業務都屬於細分市場,確實有利潤天花板,但目前還沒有制約公司的發展,預計未來5年-10年公司仍然會有一定增長空間。
另一方面,蘇州炯熠的股權變化是基於公司實際情況公司主動規劃的:
1、孵化EPB業務時,發現EPB業務相對比較傳統,競爭對手較多,作為公司的新興業務,市場開拓難度較大;
2、在尋找新的突破點中,進行業務重新規劃,招募人才,助攻EMB,希望實現彎道超車;
3、EMB是技術密集、資金密集、人才密集項目,為了發展EMB 公司設立了蘇州炯熠,初設時凱眾控股該子公司,實際開展中需較大投入,在資源分配下,公司變更蘇州炯熠的股權結構,引入小米投資,並增加經營團隊股份提高經營團隊積極性。在前述股權調整下,有利於線控業務的項目引進、融資便利,同時不再並表後將減少對凱眾的利潤壓力。
線控業務股權調整是公司的戰略佈局。
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