万朗磁塑(603150) - 2024年7月投资者关系活动记录表

Group 1: Company Overview and Future Outlook - The company anticipates steady growth in its home appliance components business due to refrigerator structural upgrades, ongoing overseas expansion, and the introduction of new products [3] - The EPS and steer-by-wire markets present significant growth opportunities, with the management team possessing extensive experience in automotive components [3] - The company has established itself as a qualified supplier for major automotive manufacturers such as SAIC-GM-Wuling, Chery, and Dongfeng, and is developing connections with BYD, Geely, and Changan [4] Group 2: Market Position and Competitive Landscape - The domestic EPS market is currently dominated by foreign brands like Bosch, Huayu, and ZF, but domestic manufacturers are expected to gradually increase their market share as technology improves [4] - In 2023, the company's revenue from refrigerator door seals reached 1.014 billion CNY, reflecting a year-on-year growth of 17.52% [4] - The trend towards larger, multi-door refrigerators is increasing the demand for longer and higher-value door seals, which the company is well-positioned to capitalize on [4] Group 3: International Strategy and Expansion - Since 2011, the company has been pursuing international expansion, currently operating 13 production bases across 7 countries [5] - The company plans to leverage its overseas subsidiaries to expand product categories and customer bases, aiming to connect with new industries such as automotive components [5]