YUNNEI POWER(000903)2025-02-13 08:00Group 1: Company Overview - Kunming Yunnei Power Co., Ltd. was established in 1999 and listed on the Shenzhen Stock Exchange on April 15, 1999, with the stock code 000903 [2] - The company primarily engages in engine manufacturing and industrial-grade electronic products [2] Group 2: Sales and Financial Performance - In 2024, the company sold 353,900 engines, a decrease compared to the previous year [3] - The company anticipates a loss of between 900 million and 1.2 billion yuan for 2024, primarily due to declining sales and high financial costs [3] - The increase in R&D spending aimed at capturing market share has contributed to the financial losses [3] Group 3: Strategic Initiatives - The company is collaborating with Jiushi (Suzhou) Intelligent Technology Co., Ltd. on L4 level intelligent delivery robots [4] - The company is also working on the production line installation and testing for intelligent rubber cutting machines [5] - Measures such as technological upgrades and optimizing internal management have led to an increase in the gross margin per engine compared to the previous year [5] Group 4: Market Expansion - The company is expanding its overseas market presence by establishing service parts centers in countries like the Philippines, Vietnam, and Myanmar [5] - The international trade company aims to enhance product exports and improve service capabilities [5] Group 5: Regulatory Compliance - The company is cooperating with the China Securities Regulatory Commission regarding an ongoing investigation and has not yet received a conclusive opinion [5]