PPF(SZ:300258) Xin Lang Cai Jing·2025-09-08 10:05Core Viewpoint - Jiangsu Pacific Precision Forging Technology Co., Ltd. has provided significant insights into its export, robotics, and automotive businesses during a recent institutional research meeting [1] Group 1: Export Business - The impact of US-China tariffs on the company's export business is primarily borne by customers, with the company shifting production of long-lifecycle products to its factory in Thailand to mitigate this impact [2] - New business developments are also being arranged for production in Thailand [2] Group 2: Robotics Business - The company aims to develop autonomous research, design, manufacturing, and testing capabilities for robotic joint reducers, with ongoing progress in various projects [2] - Collaboration with Greeley on module development is proceeding as planned, with relevant samples delivered and new projects under development [2] - The product planning for the robotics business focuses on joint reducers, joint module assemblies, and structural components [2] Group 3: Stock Buyback - The company has repurchased shares worth 100 million yuan, with a total buyback plan of 100 to 200 million yuan [2] - Revenue for the second half of the year is expected to outperform the same period last year based on preliminary trends [2] Group 4: Automotive Business - The company plans to diversify its product offerings in the domestic market, focusing on new energy axle gear and lightweight businesses to maintain stable growth [2] - Future expansion will target overseas markets, utilizing the Thailand factory to serve North America and Southeast Asia [2] - Production capacity will be flexibly adjusted between domestic and overseas factories based on market demand to enhance overall capacity utilization [2] Group 5: Pricing Strategy - The company adopts a localized pricing strategy for its overseas factories, recalculating prices based on local production costs rather than implementing a global uniform pricing model [2]