KBC(SH:688598) Zheng Quan Ri Bao Wang·2025-12-07 12:48Core Insights - The Essen Motor Show in Germany showcased Hunan Jinbo Carbon Co., Ltd.'s carbon-ceramic brake pads, attracting significant attention from the European automotive market [1] - The European Commission proposed the "EU Stage 7 Emission Standards," which aims to reduce brake particle emissions from 7 mg/km to 3 mg/km for new vehicles, creating a demand for low-cost, high-efficiency alternatives [1] Group 1: Company Developments - Jinbo's carbon-ceramic brake pads offer a lifespan of up to 500,000 kilometers, with some premium products reaching 800,000 kilometers, and emit only one-tenth of the particles compared to traditional cast iron brake pads [2] - The company is positioned to meet the needs of EU automotive manufacturers seeking reliable and efficient components as they adapt to stricter emission standards [3] Group 2: Industry Trends - The demand for low-cost and high-reliability automotive components is increasing among EU manufacturers, presenting an opportunity for Chinese automotive parts suppliers to strengthen their market position [3] - The collaboration between China and the EU in the automotive supply chain is expected to deepen, especially as China develops its own Stage 7 vehicle emission standards [3] Group 3: Technological Insights - An alternative to traditional brake pads is the laser cladding brake pad, which faces challenges such as coating defects, complex processing, and lower high-temperature performance compared to carbon-ceramic materials [2] - The long-term durability of laser cladding brake pads is significantly inferior to that of carbon-ceramic brake pads, which can operate without replacement under normal conditions [2]