超捷股份分析师会议-20250707

Report Summary 1. Reported Industry Investment Rating - No investment rating information is provided in the report. 2. Core Views of the Report - The report focuses on the business situation of Chaojie Co., Ltd., including its automotive, humanoid robot, and commercial space businesses, and analyzes the company's development potential and advantages in these fields [21]. 3. Summary by Relevant Catalog 3.1. Research Basic Situation - The research object is Chaojie Co., Ltd., belonging to the automotive parts industry. The reception time was July 7, 2025, and the company's board secretary and CFO, Li Hongtao, received the visitors [17]. 3.2. Detailed Research Institutions - The institutions participating in the research include fund management company Fuguo Fund (represented by Dong Zhiguo) and securities company Minsheng Securities (represented by Cui Ruoyu) [18]. 3.3. Research Institution Proportion - No information on the proportion of research institutions is provided in the report. 3.4. Main Content Data - Automotive Business: The company is long - term committed to the R & D, production, and sales of high - strength precision fasteners and special - shaped connectors. Products are mainly used in key automotive parts and also in new energy vehicle modules, as well as in industries such as electronics and communications. Future growth points include overseas market expansion and domestic new customer development, product category expansion, industry concentration increase, and domestic substitution [21]. - Humanoid Robot Business: It is an important business direction. The company can provide various products and has received small - batch formal orders from some customers and is also making samples for others. However, due to the non - large - scale industrialization stage, large - batch orders have not been obtained [21][22]. - Commercial Space Business: The company is engaged in the manufacturing of commercial rocket structural parts, including large - scale sections, fairings, fuel tanks, and engine valves. It completed production line construction in 2024, has major customers, and has been delivering products in batches. It will build a fuel tank production line in the second half of the year. The value of structural parts per rocket is estimated to be about 15 million yuan currently and 25 - 30 million yuan after the fuel tank production line is completed. The company has talent and capital advantages in this field and will also layout for the development of recyclable rockets [23].