双林股份(300100) - 双林股份调研活动信息

Group 1: Company Overview - Ningbo Shuanglin Automotive Parts Co., Ltd. specializes in the research, manufacturing, and sales of automotive components, including interior and exterior trim, precision parts, intelligent control systems, power systems, and hub bearings [2]. - The company has seen a significant increase in the sales of its seat horizontal actuators (HDM) compared to the same period last year, supplying major clients such as Faurecia, Lear, and Adient [2]. Group 2: Financial Performance - In the first three quarters of 2023, the revenue from hub bearing components experienced a slight decline compared to the previous year due to macroeconomic factors [3]. - Despite the revenue decline, the overall gross margin improved due to a significant reduction in shipping costs, lower prices for bulk raw materials, and depreciation of the RMB [3]. Group 3: New Energy Products - The company upgraded its new energy electric drive products from round wire motors to higher power flat wire three-in-one motors, with gradual mass production starting in September 2023 [3]. - Major clients for the new energy electric drive products include Wuling, Chery, and FAW Bestune, with a successful bid for Wuling's higher power flat wire motor and three-in-one electric bridge project in May 2023 [3]. Group 4: Sales Impact - The company has supplied products to various models, including the AITO M5, M7, and Seres SF5, with total sales amounting to 22.54 million yuan from January to September 2023, accounting for 0.78% of the company's revenue during this period [3].