XUELONG(SH:603949) Ge Long Hui·2025-05-14 08:26Core Viewpoint - The implementation of the National VI emission standards is driving technological upgrades in commercial vehicles, leading to sustained demand for the company's electric control silicone oil clutch fan assembly as a key component for energy conservation and emission reduction [1] Industry Policy - The National VI emission standards are promoting technological upgrades in commercial vehicles, which will benefit the company's product offerings [1] New Energy Commercial Vehicle Development - The new energy commercial vehicle market is experiencing rapid growth, with the company's electric fan assembly being a core component that has significant market potential and increased per-vehicle value [1] - The company has developed a low-voltage electric fan assembly for new energy commercial vehicles, which is now capable of mass production and competes with foreign products [1] - For new energy electric heavy trucks, each vehicle typically requires 4 to 9 electric fan assemblies, which is 2-4 times the per-vehicle value compared to traditional fuel heavy trucks [1] - New energy electric light trucks require an average of 2 electric fan assemblies, also representing a 2-4 times increase in per-vehicle value compared to traditional fuel light trucks [1] Market Development - The company plans to enhance overseas market research efforts and steadily advance its international strategy to seek new performance growth [1] Operational Management - The company will focus on product quality, efficiency improvement, and energy conservation to enhance its core competitiveness [1] - Continuous development will be supported by systematic construction, benchmarking management, and cost reduction to stimulate growth [1] Industrial Layout - The company is actively promoting the construction of the Beilun new base project in line with its strategic planning [1] - The company aims to expand its new energy industry development space through external investments and will increase efforts in researching and selecting acquisition projects [1] - Enhanced research quality will be achieved through on-site investigations, multiple rounds of research, and multi-channel assessments to support decision-making [1] - The company will strengthen the formulation and implementation of preliminary construction plans to achieve breakthroughs in project implementation and precise extension of the industrial chain [1]