富奥股份：公司未来在人形机器人领域更偏向于应用方面

Core Viewpoint - Fuyao Co., Ltd. is focusing on enhancing its core competencies in the automotive parts sector, emphasizing independent R&D and strategic planning to align with market trends and customer needs [1][2][3] Group 1: Company Overview - Fuyao Co., Ltd. specializes in the R&D, production, and sales of automotive parts, holding significant advantages in scale, product range, R&D capabilities, customer coverage, and resource layout [1] - The company has established a complete industrial chain layout, focusing on chassis, automotive electronics, thermal systems, and shock absorbers, while strengthening its core technologies [1] Group 2: Strategic Collaborations - The company has formed deep collaborative partnerships with FAW Group, establishing joint ventures for intelligent steering and suspension products, leveraging existing R&D foundations and resources [2] - This collaboration aims to accelerate the mass production of fully electric products and integrate market channels, manufacturing capabilities, and R&D resources [2] Group 3: Market Development - Since the 14th Five-Year Plan, Fuyao has prioritized external market development, significantly increasing external market revenue from 14% at the beginning of the 13th Five-Year Plan to 30% [3] - In 2024, the company secured 307 new orders, with 142 from external markets, achieving an external order revenue share of 48%, and over 80% of new energy orders covering various product series [3] - The company plans to continue expanding its external market efforts and optimize its customer structure to strengthen its market share in the new energy and intelligent sectors [3]