jiangsu leili(SZ:300660) Chang Jiang Shang Bao·2025-09-03 00:06Core Viewpoint - Jiangsu Leili is actively advancing its globalization strategy by investing in overseas production bases in Malaysia, Vietnam, and Mexico, with a total investment of 439.6 million RMB [1][2]. Group 1: Overseas Expansion - The company plans to invest 216 million RMB in Malaysia, 139 million RMB in Vietnam, and 84.94 million RMB in Mexico as part of its overseas production base construction [2]. - Since 2025, Jiangsu Leili has been increasing its overseas production capacity, with a recent plan to raise 1.286 billion RMB through convertible bonds for overseas and domestic projects [2]. - By 2024, overseas revenue is expected to account for 47% of Jiangsu Leili's total revenue, supported by established R&D and manufacturing bases in North America, Europe, and Southeast Asia [2]. Group 2: Domestic Investments - On the same day as the overseas investment announcement, Jiangsu Leili revealed plans to invest 500 million RMB in a production base and laboratory for automotive micro-motors and components in Changzhou [4]. - The company’s subsidiary plans to invest at least 150 million RMB in projects related to intelligent sensing lidar and vehicle thermal management micro-motors [4]. Group 3: Business Performance - In the first half of 2025, Jiangsu Leili achieved a revenue of 1.958 billion RMB, representing a year-on-year growth of 20.71%, and a net profit of 186 million RMB, up 8.45% [5]. - The automotive components sector saw significant growth, with revenue reaching 379 million RMB, a 63.72% increase compared to the previous year [4][5]. - The company has successfully launched multiple new products in the automotive sector, including lidar motor products, which generated 44.65 million RMB in revenue, a 35% increase year-on-year [4].