上海汽配跌1.07%，成交额7009.30万元，近5日主力净流入-4595.46万

Core Viewpoint - The company, Shanghai Automotive Air Conditioning Parts Co., Ltd., is focusing on expanding its international market presence and enhancing its core competitiveness through strategic investments and partnerships in the automotive parts sector, particularly in the context of new energy vehicles and global supply chains [2][3]. Company Overview - Shanghai Automotive Air Conditioning Parts Co., Ltd. was established on July 8, 1992, and is located in Shanghai's Pudong New District. The company specializes in the research, development, production, and sales of automotive air conditioning pipes and fuel distribution pipes [7]. - The company's main business revenue composition includes automotive thermal management system products (79.38%), automotive engine system products (18.86%), and other products (1.76%) [7]. Market Position and Financial Performance - As of June 30, the company had 31,100 shareholders, a decrease of 3.46% from the previous period, with an average of 7,023 circulating shares per person, an increase of 3.59% [8]. - For the first half of 2025, the company achieved operating revenue of 1.065 billion yuan, a year-on-year increase of 3.54%, while the net profit attributable to the parent company was 83.4766 million yuan, a year-on-year decrease of 18.47% [8]. Strategic Developments - The company plans to establish a wholly-owned subsidiary in Morocco with an investment of no more than 100 million yuan, aimed at enhancing its international strategy and operational capabilities [2]. - The company has established long-term stable relationships with major global engine manufacturers, including BorgWarner and NPP ITELMA LLC, which require strict supplier certification processes [2][3]. Industry Context - The company operates within the automotive parts industry, specifically in the sub-sector of chassis and engine systems, and is associated with concepts such as state-owned enterprises, small-cap stocks, and automotive thermal management [8].