Yinchuan Weili Transmission Technology (300904)2024-11-25 11:38Group 1: Company Overview - The company, Yinchuan Weili Transmission Technology Co., Ltd., focuses on precision transmission and has been in operation since 2001, adhering to the principle of "survival depends on quality, development relies on management, and growth is driven by innovation" [2][3]. - The company has established a robust quality control system, ensuring product quality and stability, with a product lifespan of up to 20 years and a warranty period of 5 years [3]. Group 2: Financial Performance - For the first half of 2024, the company's revenue from wind power gearboxes reached CNY 48.1543 million [3]. - The company plans to apply for a credit limit of up to CNY 3 billion from financial and non-financial institutions to support the construction of its gearbox smart factory [3]. Group 3: Product Development and Market Expansion - The company has developed flat wire motors and integrated electric drive assemblies, targeting the new energy commercial vehicle and passenger vehicle markets [3]. - The company is working to transition prototype clients into small batch and mass production collaborations [3]. Group 4: Investor Relations Activities - The investor relations activities included on-site visits and online meetings with various financial institutions, such as Western Securities and Guotai Junan [2]. - The company ensured compliance with information disclosure regulations, maintaining the integrity and accuracy of disclosed information [3].