Group 1: Financial Performance - In the first half of 2016, Shanghai Electric Drive reported sales revenue of 204 million, with a net profit of 1.98 million, significantly impacted by policy delays affecting scale effects, particularly in commercial vehicles [2] - The company expects explosive growth in shipments in the second half of the year as policies are implemented, projecting to meet annual performance commitments [2] Group 2: Shipment and Orders - Over 20,000 units were shipped in the first half of the year, with passenger and commercial vehicles each accounting for approximately 50% of sales revenue; however, passenger vehicles represented about 75% of the total shipment volume [3] - The company currently has several billion in hand orders, with the ability to deliver within one week if materials are available, or within a month if additional materials are needed [3] Group 3: Market Position and Competition - The company holds a market share of approximately 30% in the hybrid commercial vehicle sector, while the hybrid passenger vehicle sector is still in small batch production [4] - Major competitors include Bosch, Magna, and Nissan, with the company having advantages in pricing and quick response times despite similar product performance [4] Group 4: Profitability and Pricing - The average gross margin for the year is expected to be between 20-30%, with a net profit margin around 10% [4] - The company faces a general price reduction request of about 5% from automotive manufacturers annually, but aims to maintain gross margins through process improvements [3]

Group 1: Financial Performance and Projections - The company expects a gross margin to maintain around 25%-30% despite increasing competition in the new energy vehicle sector [3] - The cost of related products is anticipated to decrease by approximately 25%-30% [3] Group 2: Electric Vehicle Development - Current electric vehicle experiences are limited due to low battery energy density and short driving range, primarily used for urban commuting [3] - The company has procured various logistics vehicles, including models from Xiaohai Star and SAIC Maxus [4] Group 3: Strategic Partnerships and Market Position - The company holds a 9.9% stake in Ballard, making it the largest shareholder, and is in a strategic partnership to apply hydrogen fuel cell technology in new energy vehicles [4] - The Chinese new energy vehicle market is large enough to accommodate more competitors, which benefits industry development [4] Group 4: Industry Challenges and Comparisons - It is estimated that it will take a considerable amount of time for new energy vehicle sales to reach 50% of total automobile sales due to technological and infrastructure limitations [4] - Compared to Tesla, Chinese electric vehicle companies face challenges in battery management systems and innovative design [4]

编号：2016-07 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 □ ...

中山大洋电机股份有限公司 编号：2016-03 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 | | | | 海通证券—房青、张向伟；国泰君安—张姝丽；上海信托-陆方；财通证券- | | | | 王俊杰；平安银行-俞海；中金公司-易俊丰、陈龙、名信文；上海人寿-吕国 | | | | 启；通金投资-田君；睿信投资-习恒之；诺德基金-阎安琪；申万菱信 - 任 | | 参与单位名称及 | | 琳娜；光大控股-陆宇；圣雅资管-赵阳；鸿逸投资-刘敬文；青沣资产 - 张 | | 人员姓名 | | 琎；醴泉投资-黄 ...

中山大洋电机股份有限公司 编号：2016-08 1 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 | --- | --- | --- | |-----------------------|-------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

编号：2016-09 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 | 永丰投信 -- 张乔詠 | | | | 时间 ...

Group 1: Business Performance - The home appliance and home electrical motor business experienced over 30% growth in Q1 2017, with plans for increased production based on efficiency and quality [3] - The new energy powertrain system business underperformed expectations due to national policy impacts, although the fundamentals of the new energy vehicle industry remain positive [3] - The company has initiated improvements in the Shanghai electric drive business, which is expected to show better performance [4] Group 2: Development Initiatives - The company is focusing on the development of hydrogen fuel cell technology, having invested in Ballard and signed a technology licensing agreement [4] - Plans to develop new businesses include fuel cell systems, electric control subsystems, and integrated electric vehicle transmissions [5] - The company aims to enhance the power density of electric motors for new energy vehicles through the application of new technologies [5] Group 3: Strategic Collaborations - Collaboration with Ballard is expected to leverage their leading technology for commercial applications in hydrogen fuel cells [4] - The integration of electric drive systems with partners is being pursued to maximize the potential of the Shanghai electric drive business [4] - The company is positioned as a leader in comprehensive capabilities compared to other enterprises in the new energy vehicle powertrain system sector [4]

中山大洋电机股份有限公司 编号：2017-03 1 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 | □ | 媒体采访 □业绩说明会 | | 动类别 | | □新闻发布会 □路演活动 | | | □ | 现场参观 □其他 | | 参与单位名称 | | 中融信托-余邦瑞、唐志昂、杨岚春、朱彦；鼎恒投资-高国印、刘勇；广西 铁投- ...

Group 1: Company Overview and Partnerships - The company collaborates with major domestic vehicle manufacturers, including BAIC, Changan, and Chery, among others, and plans to export products through international channels like Petrel in the U.S. [4] - The company has established a competitive edge in the new energy vehicle powertrain system business, with competitors including Zhenghai Magnetic Materials and Beijing Jingjin [4] Group 2: Business Operations and Expansion - The company operates over 6,000 new energy vehicles across cities like Zhongshan, Guangzhou, and Shanghai, with plans to expand operations to Shenzhen, Wuhan, and Beijing [4] - The company is in the process of establishing a production line for fuel cell modules, with initial applications targeting commercial and logistics vehicles [4] Group 3: Incentive Plans and Employee Engagement - The company has launched several incentive plans, including a partner plan for management and stock options for domestic employees, aimed at enhancing motivation among core personnel [4] - The stock appreciation rights plan targets overseas employees, ensuring comprehensive coverage of key staff [4] Group 4: Future Directions and Mergers - The company is focused on upgrading its motor and application sectors, considering mergers that enhance core technology and profitability [5] - Future acquisitions will be evaluated based on the market competitiveness of the target's core technology and the stability of its management team [5]

中山大洋电机股份有限公司 编号：2017-05 1 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 | □ | 媒体采访 □业绩说明会 | | 动类别 | □ | 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 | | 东兴证券-王革、林劼；嘉树资本-黄永兴；国金证券-梁美美 | | 时间 | 2017 年 5 月 17 日 | 14:30—17:30 | | 地点 | 中山大洋电机股份有限公司会议室 | | | 上市公司接待 人员姓名 | 熊杰明 ...