Group 1: Business Segments - The company has developed four major business segments: home appliances and home electrical motors, new energy vehicle powertrain systems, and vehicle rotating electrical appliances, which mutually promote and develop together [2][3]. - The new energy vehicle operation platform is emerging as a potential fourth business segment, expected to grow rapidly alongside the powertrain systems segment [2]. Group 2: Acquisition Details - The company acquired 100% of Shanghai Electric Drive, with a transaction price of 3.5 billion yuan, due to the target company's strong industry influence and R&D capabilities [3]. - The acquisition will allow for coordinated management of the business segment and the implementation of a multi-brand strategy [3]. Group 3: Financing and Operations - The company is currently conducting financing leasing for new energy vehicles primarily in the Pearl River Delta region, with a registered capital of 500 million yuan for its leasing company [3]. - The financing model benefits government and vehicle units by maintaining low operational costs and not increasing maintenance workload [3]. Group 4: Future Directions - The company plans to continue its industrial mergers and acquisitions focused on motors and their applications, with potential expansions into automation and servo motors [4]. - The company aims to support its U.S. subsidiary, Petrel, in achieving profitability and enhancing R&D activities [3].

Group 1: Company Performance - The company's performance in the first half of the year aligns with the forecasts made in the first quarter report [2] - The sales revenue from the new energy vehicle powertrain system remains a small proportion of the overall performance [2] Group 2: Clientele and Collaborations - Major clients include BAIC New Energy, FAW, Changan New Energy, Foton Motor, Chery, Beijing Hyundai, Zoomlion, Suzhou Golden Dragon, Ankai, SAIC, Hengtong, and Zhongtong [2] - Currently, there are no collaborations with Tesla or BYD [2] Group 3: Technological Advantages - The company utilizes permanent magnet synchronous motors for new energy vehicles, holding multiple independent patents and maintaining a leading edge in core technology [3] - The power range of the drive motors is broad, and they have been tested in real-world conditions, leading to continuous improvements in technology and processes [3] Group 4: Market Impact and Strategy - The company's products are exported, accounting for nearly 60% of total sales, mitigating the impact of fluctuations in the domestic real estate market [3] - The company is actively adjusting its product structure in response to national "environmental protection and energy-saving" policies [3] Group 5: Core Competitiveness - The company's competitive edge lies in three main areas: 1. R&D capabilities, with bases in Zhongshan, Beijing, and the USA, focusing on electric drive systems [3] 2. Production capacity, with an annual output of 40 million household electric motors and a robust quality control system [3] 3. A comprehensive after-sales service system, bolstered by the acquisition of a 57% stake in Beijing Petrel, a leader in commercial vehicle starters and generators [3] Group 6: Future Plans and Developments - The company received approval from the CSRC for a non-public offering on June 19 and is preparing related matters [4] - There are no immediate plans for mergers or acquisitions in upstream or downstream enterprises, focusing instead on expanding product lines in electric motors and related fields [4]

Group 1: Financial Performance - The company's traditional industry gross margin has remained stable, ranging from 15% to 18% [1] - The company plans to achieve an annual production capacity of 15,000 sets of electric drive systems for new energy vehicles by 2014 [2] - The recent increase in management expenses is primarily due to high financial advisory and legal fees related to the acquisition of Beijing Petrel, along with rising employee salaries and R&D costs [2] Group 2: Market Position and Clients - The company has a market share of approximately 20%-25% in its traditional industry [1] - Major clients for the new energy vehicle powertrain include BAIC New Energy, FAW, Changan New Energy, and others [2] - Beijing Petrel holds the leading position in the domestic commercial vehicle generator market, with over 90% market share in the bus system [3] Group 3: Technological and Production Capabilities - The company has established R&D bases in Zhongshan, Beijing, and the USA, focusing on the application development of new energy vehicle powertrains [2] - The annual production capacity for household appliances motors is 40 million sets, supported by a robust quality control system [3] - The company has developed multiple patents in the EV drive system after years of R&D [2]

Group 1: Sales and Production Capacity - The company currently has a production capacity of 15,000 sets per year for its new energy vehicle powertrain systems, with plans to expand capacity annually to meet market demand [1] - The sales situation is optimistic, with the company actively exploring new customers and markets [1] Group 2: Partnerships and Collaborations - The company is a major supplier for BAIC, and the cooperation between the two parties is progressing smoothly [2] - Following the acquisition of Beijing Petrel, the company aims to enhance its after-sales service system for new energy vehicle powertrains [2] Group 3: Market Position and Industry Advantages - The new energy vehicle sector is still in its early stages, with significant market potential yet to be tapped [2] - The company possesses strong industrialization capabilities and is well-positioned to support the rapid growth of the new energy vehicle market [2] Group 4: Financial and Growth Strategies - The home appliance and home electrical motor industry is expected to maintain a stable growth rate of 10-15% annually, with high-efficiency smart motors growing at a faster pace [2] - The company is in the process of establishing a financing leasing company to support the rental of new energy vehicles, aligning with national industrial policies [2] Group 5: Technology and Development Projects - The company is involved in national projects related to high-power IGBT modules for applications in new energy vehicles and home appliances, with progress being made in testing [3] - The development of the IGBT and IPM module packaging project is currently delayed due to various factors, including investment progress [3] Group 6: Cost Control and Operational Efficiency - Effective cost control is a systematic project that requires management throughout the entire business process, including design, manufacturing, procurement, and sales [3]

Group 1: Company Overview and Development Strategy - Zhongshan Dayang Electric has evolved from a small workshop to a leading manufacturer in the micro-special motor sector over nearly 20 years [1] - The company has diversified its business model into three main segments: traditional household appliance motors, traditional vehicle rotating electrical appliances, and new energy vehicle powertrains [1] - The development strategy focuses on brand and quality for market demand, technological innovation as a driving force, and talent as the foundation [1] Group 2: Industrial Park Progress and Financial Planning - The Wuhu industrial park is currently under construction, with progress aligning with company expectations [3] - The company has a dedicated investment management department and plans to expand its product line without immediate upstream or downstream acquisitions [3] Group 3: Technological Advantages and R&D Capabilities - The company utilizes permanent magnet synchronous technology for its new energy vehicle drive motors, holding multiple independent patents and maintaining a leading position in core technology [3] - The annual production capacity for household appliance motors is 40 million units, supported by a comprehensive quality control system and extensive manufacturing experience [3] Group 4: Market Position and Competitive Edge - The company ranks first in the domestic commercial vehicle generator market, holding over 90% market share in the bus system sector [4] - Following the acquisition of Beijing Petrel, the company aims to enhance its after-sales service system for new energy vehicle powertrains [4] Group 5: Future Collaborations and Trends - The company is exploring commercial cooperation opportunities in the electric vehicle sector with Beijing Petrel, which has over 30 years of experience in electric drive systems [4] - Discussions with investors include trends in new energy vehicle development and future construction plans [4]

Group 1: Financial Goals and Performance - The company aims to achieve a revenue of 6.047 billion CNY and a net profit of 495 million CNY in 2015, although these targets depend on market conditions and operational efforts [1] - Shanghai Electric Drive is expected to generate approximately 1 billion CNY in sales revenue in 2015 [2] Group 2: Acquisitions and Strategic Partnerships - The acquisition of 100% equity in Shanghai Electric Drive is aimed at enhancing collaboration in the rapidly growing new energy vehicle market [2] - The company has also acquired Beijing Petrel and is in the process of integrating operations with American Petrel to strengthen its capabilities in vehicle rotating electrical appliances [3] Group 3: Business Integration and Synergies - Post-acquisition, Shanghai Electric Drive's business will be managed under a unified coordination, allowing for a multi-brand strategy that includes Dayang Electric, Shanghai Electric Drive, and Beijing Petrel [2] - The collaboration is expected to leverage strengths in product development and supply chain optimization, enhancing overall operational efficiency [2] Group 4: Market Challenges and Growth Areas - The domestic economic situation has impacted the home appliance and electric motor sectors, but the company anticipates growth in high-efficiency products like BLDC and DIGI MOTOR [2] - The company is exploring financing leasing for new energy vehicles, with a registered capital of 500 million CNY for its leasing company, aiming to promote a model that minimizes operational costs for government and transportation units [2]

编号：2015-12 1 中山大洋电机股份有限公司 证券代码： 002249 证券简称：大洋电机 中山大洋电机股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------|-----------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------| | | √ | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称及 人员姓名 | | 民生证券——梁路平，嘉实基金——喻磊 | | | | | | 时间 地点 | 2015 年 9 月 17 | 日 9:00—10：30 中山大洋电机股份有限公 ...