调研速递|河北科力汽车装备接受16家机构调研，吸光涂层技术与海外业务成关注焦点

Core Insights - The company has made significant advancements in its light-absorbing coating technology, which has completed the transition from R&D to industrialization and is set for gradual mass production based on market demand [2] - The preference for larger glass areas in new energy vehicles is driving an increase in the usage and unit value of the company's products, with expectations for continued price growth due to technological upgrades and demand evolution [2] - The company emphasizes its core advantages in pricing, development speed, and quality, fostering strong customer relationships through customized solutions and high trust levels built over years of collaboration [2] Technology and Product Development - The proprietary anti-VOC light-absorbing coating technology addresses VOC pollution issues in automotive auxiliary driving camera areas and has been adopted by Xiaomi Automotive, with potential for wider application as new energy vehicle penetration increases [2] - The company plans to invest 20 million yuan in the development of nano-coating materials, establishing a second growth avenue [2] Market and Customer Strategy - The company has established a strong foothold in the automotive glass assembly sector, serving major clients like Great Wall Motors and Dongfeng Nissan, and aims to enhance its market share in the intelligent driving sector through technology iteration and supply chain collaboration [2] - The company’s overseas revenue is influenced by tariff policies, but it has developed a risk mitigation strategy through trade clause design, local production in the U.S., and diversification of clients [2] Financial Outlook - The rapid growth of new energy vehicles is expected to enhance the pricing of the company's products, leading to improved revenue and profitability [2] - The company anticipates significant revenue growth in the coming years as new projects alleviate capacity constraints and the demand for new energy vehicles continues to rise [2] Infrastructure and Production Capacity - The company has registered a subsidiary in North America and is considering establishing a factory overseas, with a new facility in Ohio expected to be operational by the end of 2025 to strengthen its competitive position in the North American market [2] - The new factory is strategically located in a key automotive industry cluster to enhance supply chain responsiveness and competitiveness [2]