FLAC(SZ:002536)2022-12-08 09:34Company Overview - The company was established in 1952 and transformed into a limited liability company in December 2000, later becoming a joint-stock company in October 2002 [1] - The company was listed on the Shenzhen Stock Exchange on January 11, 2011 [1] - Main products include automotive water pumps and engine intake and exhaust manifolds [1] - The company has 5 wholly-owned subsidiaries and 1 holding subsidiary [1] Financial Performance - The low profit in 2012 was primarily due to large-scale investments, particularly in the casting base, and adjustments in market and product structure [2] - In 2014, the production volume of automotive water pumps was nearly 8 million units, while exhaust manifold production was approximately 3 million units [2] - Export revenue for the year is expected to reach 300 million RMB, with exhaust manifolds accounting for the majority [2] Product Development and Market Trends - The production scale of turbochargers is currently small due to high technical requirements and investment costs, but it is expected to expand as usage increases [2] - Future product development will focus on adjusting product structure, targeting the passenger vehicle market, and developing turbocharger products [2] - Electronic pumps are applied in various areas, including pure electric vehicles and cooling systems for turbochargers [2]