建邦科技(837242) - 投资者关系活动记录表

Group 1: Company Overview and Market Positioning - The company is a global supplier of non-durable auto parts for the automotive aftermarket, focusing on "novel and unique" auto components [4] - The mission is to enhance the material and spiritual well-being of employees, create high-cost performance products, and help customers save money [4] - The company maintains a high gross margin through continuous product R&D and mold development, ensuring proprietary product rights [5] Group 2: Business Development and Product Strategy - The company has established two business points in the OEM sector, but the supply volume is currently low and will not significantly impact short-term performance [6] - New product development cycles range from three months to over a year, with an annual introduction of approximately 2,000-3,000 new SKUs [14] - The company is focusing on automotive electronics and embedded software products as future development priorities [14] Group 3: Response to Trade Policies and Market Challenges - The company has been facing a 25% tariff on exports to the U.S. since the trade tensions began, with a strategy to enhance product iteration and upgrade to improve pricing power [9] - New sales channels are being developed to mitigate tariff risks, including a combination of online and offline sales strategies [10] - The company is optimizing supply chain management to create a shared benefits model with upstream suppliers [10] Group 4: Market Trends and Future Outlook - E-commerce penetration in the auto parts sector is estimated between 10% to 30%, with the company observing better online sales for larger, more expensive products [11] - The average vehicle age in China is around 6 years, which is lower than the 8-10 years seen in mature markets, affecting the growth of the aftermarket [15] - The independent aftermarket's share has increased from approximately 35% in 2018 to 49% by the end of 2023, indicating a shift in market dynamics [16] Group 5: Impact of Electric Vehicles - The transition to electric vehicles (EVs) does not significantly reduce the demand for non-durable parts, as many components remain unchanged [18] - The company has positioned itself to benefit from the growing demand for automotive electronics, which are more prevalent in EVs [18] - The rapid development of EVs is driving product iteration and upgrades, particularly in the automotive electronics and remanufacturing sectors [18]