Gelonghui March 18 | Shangtai Technology (001301.SZ) disclosed the investor relations activity record table. In principle, the company dynamically adjusts the company's capacity utilization rate in due course according to market demand and stocking policies, flexibly adjusts production plans, and selects suitable production lines for production.
According to market demand and the company's own situation, in the fourth quarter of 2023, the company's overall production situation was relatively stable, and the operating rate remained high. From January to February 2024, due to traditional off-season and holiday factors, production schedules declined accordingly. The production schedule for March 2024 increased significantly compared to the previous month. Looking at the customer order situation, demand in the downstream market increased significantly after the Spring Festival, and the company's production schedule is on the rise. It is expected to maintain a high operating rate from March to the second quarter. Shipments will increase significantly from January and February, and maintain reasonable inventory. Inventory risk is generally manageable.