CSB(300718)2025-02-14 15:44Group 1: Product Differentiation and Technical Barriers - The differences between sliding bearings and rolling bearings lie in their structure, working principles, and performance, representing different technical routes. Sliding bearings have a higher degree of non-standardization, varying based on polymer material formulations, material preparation, and processing techniques. The company's products exhibit technical barriers, particularly in meeting various operational requirements across different application fields through tailored material formulations and processing methods [2][3]. Group 2: Automotive Applications and Market Growth - The company's products are primarily used in traditional and new energy vehicles, including seats, doors, shock absorbers, steering systems, and air conditioning compressors. The increasing emphasis on comfort and safety in vehicles is expected to drive demand for self-lubricating bearings [3]. Group 3: Performance and Competitive Advantage - The company aims to enhance its performance by promoting the replacement of rolling bearings with sliding bearings and expanding its market share in the automotive sector while exploring applications in other fields. The company positions its products in the mid-to-high-end market, competing with international brands such as Saint-Gobain, GGB, and Igus. The company has established a comprehensive product system with superior quality, achieving performance levels that meet or approach advanced standards. The pricing of overseas products is relatively high, giving the company's products a cost advantage [3]. Group 4: Product Lifespan and Customization - The lifespan of the company's products varies based on working conditions, application environments, and customer requirements. The company has developed a wide range of self-lubricating bearing categories and possesses extensive application development experience, enabling it to provide customized solutions that meet diverse performance requirements [3].