Yinchuan Weili Transmission Technology (SZ:300904)2024-11-29 09:35Group 1: Company Overview - The company, Yinchuan Weili Transmission Technology Co., Ltd., introduced its main business and products during the investor visit on November 29, 2024 [2]. - The company has undergone management changes, including the election of a new chairman and the appointment of a new general manager [2]. Group 2: Financial Strategy - The company plans to apply for a credit limit of up to 3 billion yuan from financial and non-financial institutions to fund the construction of its smart factory [3]. - The funding for the smart factory will primarily come from self-owned funds and bank loans [3]. Group 3: Market Expansion - The company has successfully entered the supplier lists of renowned international wind power companies, including Siemens Gamesa and EUnion [3]. - It has established global service points in Texas, Hamburg, Chennai, and Tokyo to enhance its overseas market presence [3]. Group 4: Product Development - The company has developed new products, including flat wire motors and integrated electric drive systems, targeting the new energy commercial vehicle and passenger vehicle sectors [3]. - Efforts are being made to transition prototype clients to small batch and mass production collaborations [3]. Group 5: Operational Sustainability - The company emphasizes maintaining customer relationships and expanding its client base to enhance its ongoing operational capabilities [3]. - Future strategies include focusing on core gearbox business, expanding overseas markets, and diversifying into various business segments [3].