Wanma Co., Ltd.(002276)2025-03-05 14:34Group 1: Company Overview - Zhejiang Wanma Co., Ltd. focuses on a "one body, two wings" development strategy, encompassing three main business sectors: wire and cable, new materials, and new energy [2] - The company has established a robust presence in the intelligent equipment cable manufacturing sector, particularly in robotics [5] Group 2: Product Offerings - Wanma's main products include network data cables, optical fiber cables, and industrial cables, with a notable achievement of being the first domestic company to obtain dual international product certification (UL + TUV) [3] - The company has developed a wide range of specialized cables for various applications, including high-voltage cables for electric vehicles and charging stations, with nearly 10,000 product models and specifications available [3][4] Group 3: Market Position and Performance - Wanma's public charging pile inventory stands at 39,252 units, while the number of charging stations is 3,012, according to the latest data from the Charging Infrastructure Promotion Alliance [9] - The company is positioned to enhance its operational efficiency in the new energy sector and expand its sales of charging piles to improve profitability [9] Group 4: Research and Development - The company has established a specialized laboratory for robotics cables, which is authorized by TUV Rheinland, ensuring quality assurance throughout the design, development, and production processes [7] - Wanma's flexible special cables exhibit excellent performance characteristics, including resistance to oil, corrosion, and wear, making them suitable for extreme environments [6] Group 5: Industry Outlook and Risks - The growth of the robotics and intelligent equipment sector is subject to uncertainties related to application development speed and customer capacity release [5] - Recent market enthusiasm for humanoid robots and robotic dogs has led to significant short-term stock price fluctuations, prompting the company to advise investors to exercise caution [5]