Core Viewpoint - The company is undergoing a critical transformation from components to intelligent systems, with a focus on the integration of electrification and intelligence technologies, which will enhance product performance and create a core competitive advantage in hydraulic products [2][6]. Company Development - Founded in 2003 by borrowing 1.3 million yuan, the company introduced the concept of hydraulic power units, enabling a leap from mechanical components to parts, and successfully listed on the Beijing Stock Exchange in 2021 [2][3]. - The company emphasizes innovation as a key driver for growth, and in 2025, it plans to issue convertible bonds to support the electrification and intelligent upgrade of hydraulic power equipment [4][8]. Market Position and Strategy - The company has consistently led industry development by identifying new market opportunities, such as the demand for standardized hydraulic power units, which has resulted in steady growth in operational scale [3][4]. - The company has achieved a leading market share in low-noise hydraulic power units, particularly in the logistics sector, and is expanding into high-value products like AGV unmanned transport vehicles and aerial work platforms [5][6]. Technological Advancements - The company has developed a bidirectional gear hydraulic pump that generates electricity, enhancing energy efficiency and increasing product gross margins by 10% [7]. - The company is advancing towards an AI-driven future by decentralizing hydraulic systems and integrating small electric hydraulic devices, which allows for more precise control and significant cost reductions [7][8]. Financing and Growth Strategy - The company is planning to issue 84 million yuan in convertible bonds to fund high-end intelligent hydraulic systems, core component development, and working capital [8]. - The company aims to balance shareholder rights with institutional investor interests in its financing strategy, promoting long-term cooperation and growth [8].
威博液压马金星：争做电动液压引领者