Summary of Baolong Technology Conference Call Company Overview - Baolong Technology is a leading player in the air suspension technology industry, with a focus on automation and intelligent manufacturing in its Hefei smart factory [2][4]. Key Points and Arguments - **Automation Level**: The Hefei smart factory has achieved an automation level exceeding 60%, utilizing robotic arms, sensors, and a Manufacturing Execution System (MES) for production traceability and unmanned warehouse management [2][4]. - **Air Suspension Technology**: The air suspension system adjusts spring stiffness and damping based on road conditions, vehicle speed, and driver intent, enhancing driving comfort and experience [2][6]. - **R&D Capabilities**: Since 2012, Baolong has developed air spring technology, achieving mass production in 2021. The company has a dedicated R&D team of approximately 300 people, capable of independent development from sensing components to ECU hardware and software [2][8]. - **Production Capacity**: The electric shock absorber production line in the Hefei factory has a cycle time of 15 seconds, with an annual capacity of 1 million units, requiring only 7 workers for assistance [2][9]. - **Global Expansion**: Baolong is constructing a factory in Hungary, expected to be completed by the end of 2025, with production lines operational by the second quarter of 2026, targeting European and American markets [5][18]. Additional Important Content - **Cost Reduction and Quality Assurance**: The domestic development of the fully active suspension system has reduced costs and improved quality assurance compared to reliance on foreign suppliers [5][17]. - **Technological Advancements**: The evolution of air springs from single-chamber to dual-chamber designs has enhanced performance, with the fully active suspension system expected to achieve a response speed of 300 mm per second by 2026 [7][18]. - **Black Light Factory Operations**: The black light factory operates fully automated, from raw material feeding to sorting, utilizing AGV carts for material transport [12]. - **Suspension Controller Functionality**: The suspension controller optimizes vehicle comfort and handling by adjusting air springs and shock absorbers based on various sensor inputs [13]. This summary encapsulates the critical insights from the conference call regarding Baolong Technology's operations, technological advancements, and future plans in the air suspension industry.