顺威股份(002676) - 2024年12月17日投资者关系活动记录表

Group 1: Company Overview - The company is Guangdong Shunwei Precision Plastic Co., Ltd., listed under stock code 002676 [2] - The meeting took place on December 17, 2024, from 14:30 to 16:00 at the company's office in Shunde, Foshan [2] Group 2: Key Clients and Revenue Sources - Midea and Gree are among the company's top ten clients, contributing significantly to revenue [5] - The company has indirect supply relationships with Xiaomi through air conditioning manufacturers, though this segment represents a small portion of overall business [5] Group 3: Product and Market Insights - The company's plastic fan products are suitable for various air conditioning types, including high-end models, with relatively high gross margins [5] - The company anticipates increased orders in Q4 2024 due to favorable policies like "home appliance going to the countryside" and "old-for-new" replacement [5] Group 4: Long-term Business Strategy - The plastic air conditioning fan segment is a core business, with plans to expand into other fan applications while maintaining leadership in the air conditioning sector [5] - The automotive parts business will focus on new energy vehicle thermal management, electrification, and intelligent systems to optimize industry layout [5] Group 5: Financial Performance and Efficiency - The company aims to enhance production efficiency and reduce costs through increased investment in technology and automation [5] - Current cash flow is stable, with good financing capabilities [5] - The company plans to improve net profit margins by enhancing production and management efficiency and restructuring business operations [5] Group 6: Future Developments - There are no current plans for new acquisitions, but the company will disclose any future M&A activities in accordance with regulations [5] - The company operates overseas production bases in Thailand and Mexico, focusing on appliance parts for Southeast Asia and automotive parts for North America, respectively [5] - The company is monitoring emerging industries like low-altitude economy for potential future developments [5]