Company Overview and Product Layout - Ningbo Hengshuai Co., Ltd. focuses on the research, production, and sales of automotive motor technology and fluid technology products, aiming to become a global leader in automotive motor technology solutions [1][2] - The company has structured its existing business into four major units: motor business, electric module business, driving vision cleaning systems, and thermal management systems [2] Financial Performance in H1 2023 - In the first half of 2023, the company's main business revenue reached CNY 395.21 million, an increase of 23.61% from CNY 319.71 million in the previous year [2] - The net profit attributable to shareholders was CNY 91.40 million, up 37.03% from CNY 66.70 million in the previous year [2] - Revenue from cleaning pumps and systems totaled CNY 207.61 million, reflecting an 18.35% year-on-year growth [2] - The thermal management system's cooling manifold product achieved a revenue of CNY 29.08 million, with a growth rate of 39.92% [2] - Revenue from various motor products reached CNY 149.36 million, marking a 31.79% increase [2] Strategic Discussions and Future Plans - The company plans to maintain profit margins through strong technical reserves, quality customer structure, and effective cost control, despite fluctuations in raw material prices [3] - Active perception cleaning systems are being developed for advanced driving assistance systems (ADAS), with ongoing product road tests expected to transition into production phases [3] - Future capacity investments will focus on new projects, including a new automotive parts production base in Thailand and expansions for electric motors and thermal management systems [3] - The company is exploring new markets for automotive motor technology, aiming for product diversification to meet global customer demands [4] Growth Drivers and Market Trends - The electric tailgate market is experiencing high penetration rates, with many mass-produced models already equipped with electric tailgate doors [4] - The company is actively developing harmonic field motor products in collaboration with German partners, targeting various applications beyond logistics systems [4][5] - The harmonic field motor technology is expected to enhance the company's product range and overall profitability due to its advantages in power density, size, and cost efficiency [5]
恒帅股份(300969) - 投资者关系活动记录表