FAWER(000030)2024-08-16 10:49Group 1: Industry Trends and Product Development - The CDC (Controlled Damping Control) shock absorbers are gaining recognition for their advantages in operational stability and comfort compared to traditional shock absorbers, leading to an increasing selection of models equipped with CDC technology [1][2] - The rise of new energy enterprises has prompted major manufacturers to focus on configuration upgrades, enhancing user experience as a new selling point for CDC shock absorbers [1][2] Group 2: Company Capabilities and Market Position - FAW Dongjiu Company has accelerated the development of CDC shock absorber products, achieving independent development capabilities for semi-active suspension systems, positioning itself as a leading supplier in the domestic suspension damping system market [2][3] - Over 60% of FAW Dongjiu's customer base consists of external clients, indicating successful market expansion efforts [2][3] Group 3: Product Manufacturing and Future Prospects - The manufacturing process for lightweight chassis components includes steps such as raw material melting, casting, post-processing, laser marking, X-ray inspection, heat treatment, and assembly [2][3] - Future business extensions in lightweight chassis production may include manufacturing subframes, control arms, battery housings, and other integrated aluminum cast products [2][3] Group 4: Joint Ventures and Recycling Initiatives - FAW Group has established a joint venture with Tianqi to enhance the battery recycling ecosystem, with a registered capital of 200 million yuan, where FAW holds a 60% stake and Tianqi holds 40% [4]