Core Viewpoint - Suzhou Zhongjie Automotive Parts Co., Ltd. focuses on the research, development, production, and sales of precision processing components for automotive thermal management systems, with a significant portion of its revenue coming from overseas markets, benefiting from the depreciation of the RMB. Group 1: Company Overview - Suzhou Zhongjie Automotive Parts Co., Ltd. was established on February 10, 2010, and is located in Changshu, Jiangsu Province [7] - The company primarily engages in the automotive thermal management system, contributing 89.17% to its revenue, while other segments account for 10.83% [7] - As of January 9, the number of shareholders is 9,614, a decrease of 0.87% from the previous period [7] Group 2: Financial Performance - For the period from January to September 2025, the company achieved a revenue of 809 million yuan, representing a year-on-year growth of 11.68% [7] - The net profit attributable to the parent company was 61.35 million yuan, showing a year-on-year decrease of 9.46% [7] - The company has distributed a total of 9.73 million yuan in dividends since its A-share listing [8] Group 3: Market Activity - On February 13, the stock price of Zhongjie Automotive fell by 1.53%, with a trading volume of 45.84 million yuan and a turnover rate of 5.10%, resulting in a total market capitalization of 4.46 billion yuan [1] - The main net inflow of funds today was -6.99 million yuan, indicating a reduction in major shareholder positions over the past three days [4][5] Group 4: Product and Industry Focus - The company’s products include automotive air conditioning heat exchangers, oil coolers, heat pump systems, battery coolers, and engine systems [2][3] - The company has a strong focus on energy-saving and environmentally friendly automotive technologies, particularly in the fields of new energy vehicles and battery thermal management systems [2][3]

Core Viewpoint - The company, Zhongjie Automotive, has established significant relationships with major multinational automotive parts suppliers and is actively expanding its presence in the domestic new energy vehicle market [1] Group 1: Major Clients - The company's primary clients include well-known multinational Tier 1 automotive parts suppliers such as Mahle, Modine, Hanon, Marelli, and ContiTech [1] - The products supplied by the company cover a wide range of international automotive brands, including Mercedes-Benz, BMW, Audi, Porsche, Volkswagen, Skoda, Ferrari, Maserati, Fiat, Tesla, Rivian, Canoo, Ford, General Motors, Chrysler, Dodge, Renault, Citroën, Volvo, Jaguar, Land Rover, Toyota, Subaru, Honda, Nissan, Mazda, Suzuki, Hyundai, Kia, MAN, DAF, Scania, and Iveco [1] Group 2: Domestic Market Expansion - The company is actively expanding into the domestic new energy vehicle market and has established direct business cooperation with leading global new energy vehicle manufacturers such as BYD, Great Wall Motors, and SAIC Motor [1]

Group 1 - The company, Zhongjie Automotive (301560.SZ), is planning to establish a joint venture with Yingxue Automotive Technology (Changshu) Co., Ltd. and Qianhao to focus on the research, production, and sales of automotive heat exchangers [1] - The collaboration aims to leverage the technical, production, and market strengths of each party to achieve complementary advantages and promote the company's long-term sustainable development [1] - The company is actively advancing the registration process for the joint venture [1]

Core Viewpoint - The company has established overseas production bases in Mexico and Spain, along with sales centers in the United States and the United Kingdom [1] Group 1 - The company has set up production bases in Mexico and Spain [1] - Sales centers have been established in the United States and the United Kingdom [1]

Core Viewpoint - The company, Zhongjie Automotive, has established itself as a key player in the automotive supply chain, serving major multinational Tier 1 suppliers and expanding its presence in the domestic new energy vehicle market [1] Client Base - The company's main clients include renowned multinational Tier 1 automotive parts suppliers such as Mahle, Modine, Hanon, Marelli, and ContiTech [1] - The product offerings cover a wide range of international automotive brands including Mercedes-Benz, BMW, Audi, Porsche, Volkswagen, Skoda, Ferrari, Maserati, Fiat, Tesla, Rivian, Canoo, Ford, General Motors, Chrysler, Dodge, Renault, Citroën, Volvo, Jaguar, Land Rover, Toyota, Subaru, Honda, Nissan, Mazda, Suzuki, Hyundai, Kia, MAN, DAF, Scania, and Iveco [1] Domestic Market Expansion - The company is actively expanding into the domestic new energy vehicle market and has established direct business partnerships with leading global electric vehicle manufacturers such as BYD, Great Wall Motors, and SAIC Motor [1]

Group 1 - The core viewpoint of the news is that Zhongjie Automotive is actively expanding its international presence and enhancing its product offerings to increase vehicle value and competitiveness in the automotive parts industry [1][2]. Group 2 - Zhongjie Automotive has established production bases in Mexico and Spain, and sales centers in the United States and the United Kingdom, focusing on international market development [1]. - The company collaborates with major multinational automotive parts suppliers such as Mahle, Modine, Hanon, Marelli, and ContiTech, and has partnerships with domestic new energy vehicle manufacturers like BYD, Great Wall Motors, and SAIC [1]. - The company is pushing for product integration upgrades and has formed a joint venture with Yingxue Automotive Technology to develop, produce, and sell automotive heat exchangers [2]. Group 3 - As of January 9, 2026, Zhongjie Automotive had 9,614 shareholders, with an average holding value of 471,100 yuan and an average shareholding of 12,600 shares [2]. - The company’s stock price is currently 37.25 yuan, with a market capitalization of 4.53 billion yuan, and it ranks 118th in the automotive parts industry with a price-to-earnings ratio of 50.91 [1].

Group 1 - The company, Zhongjie Automotive, primarily serves major multinational Tier 1 automotive parts suppliers such as Mahle, Modine, Hanon Systems, Marelli, and ContiTech [2] - The company's products are utilized by a wide range of international automotive brands including Mercedes-Benz, BMW, Audi, Porsche, Volkswagen, Ferrari, Tesla, and many others [2] - Zhongjie Automotive is actively expanding its presence in the domestic new energy vehicle market, establishing direct business partnerships with leading global electric vehicle manufacturers like BYD, Great Wall Motors, and SAIC Motor [2]

Core Viewpoint - The company, Zhongjie Automotive, focuses on the research, development, production, and sales of precision machining components for automotive thermal management systems, specifically liquid cooling core boards for data centers [1] Group 1: Company Overview - Zhongjie Automotive has successfully expanded its collaboration with Boyd Corporation, a global leader in thermal management solutions, becoming a supplier of precision machining components [1] - Currently, the revenue share from the company's liquid cooling-related products is relatively low [1] Group 2: Future Strategy - The company plans to continue focusing on technological iteration and market expansion in the liquid cooling sector [1] - In addition to consolidating existing partnerships, the company aims to actively pursue and explore more collaboration opportunities [1]

Core Viewpoint - The company is actively promoting product integration upgrades to enhance the per-vehicle value of its offerings, particularly in the growing electric vehicle market [1] Group 1: Product Development and Market Position - The company is focusing on the complexity of thermal management systems in electric vehicles, which are approximately three times more valuable per vehicle compared to traditional fuel vehicles [1] - The revenue share from the electric vehicle market has been continuously increasing in recent years, indicating a positive trend in market opportunities [1] Group 2: International Expansion - The company is steadily advancing its internationalization strategy, particularly in North America, by building a team of experienced sales personnel to enhance local market engagement and service capabilities [1] - The aim is to support global business collaboration and improve overall sales team effectiveness through increased market development investment [1] Group 3: Technological Focus Areas - The company plans to leverage its strengths in precision manufacturing and process design to delve deeper into key areas such as energy-saving and environmental protection in automobiles, new energy vehicles, power batteries, energy storage batteries, and data center liquid cooling exchange [1] - The focus will be on driving technological applications and market expansion in these critical sectors [1]

Group 1 - The company has established production bases in Mexico and Spain [2] - Sales centers have been set up in the United States and the United Kingdom [2]