建邦科技(837242) - 投资者关系活动记录表

Group 1: Market Overview - The global automotive aftermarket is significantly influenced by vehicle ownership and age, with a close correlation between these factors and market demand [3] - The US, Europe, and China together account for 75% of the global automotive aftermarket, each exhibiting unique characteristics [4] - The US automotive aftermarket has grown from $155 billion in 2000 to $414 billion in 2023, with a compound annual growth rate (CAGR) of 7.9% [4] Group 2: Regional Insights - In Europe, the automotive aftermarket is similar to the US, with a vehicle ownership of 250 million and an average vehicle age of 12 years as of 2023; the market is expected to grow steadily [5] - China's automotive market has seen rapid growth, with vehicle ownership reaching 453 million by 2024, leading to a market size of approximately ¥6.9 trillion in 2023, with the maintenance market accounting for about ¥1.3 trillion [5][6] Group 3: Market Trends - The Chinese automotive aftermarket is characterized by a fragmented competitive landscape, with the independent aftermarket's share increasing from approximately 35% in 2018 to about 49% in 2023 [6][7] - The "New Four Modernizations" trend is driving the industry towards greater concentration, diversified revenue, and digital services [7] - Consumer demand in China is shifting towards convenience and quality assurance, with a strong preference for online purchasing and fast delivery services [7] Group 4: Company Performance and Strategy - The company exports products to 26 countries across the Americas, Europe, Asia, and Oceania, with strong growth in European markets [8] - The online procurement orders from cross-border e-commerce channels continue to grow, indicating a stable trend in the automotive aftermarket's digitalization [9] - The company has approximately 400 automotive electronic SKUs, with over 100 items already produced in-house, accounting for over 30% of total sales in this category [10] Group 5: Operational Updates - The construction of the company's factory in Thailand is progressing as planned, with the main building completed and equipment installation underway [11][12]