富特科技(301607) - 2025年3月18日投资者关系活动记录表

Company Overview - Founded in 2011, located in Huzhou Anji, focusing on R&D, production, and sales of high-voltage power systems for new energy vehicles [1] - Main products include vehicle-mounted high-voltage power systems, liquid-cooled ultra-fast charging pile power modules, and intelligent DC charging pile power modules [1] - Current application scenarios include home slow charging, quick energy replenishment, and vehicle-to-load power supply [1] Market Competition - Domestic market features two main types of suppliers: OEMs like BYD and Tesla, and third-party independent suppliers providing complete solutions [2] - Most vehicle manufacturers still rely on third-party independent suppliers for vehicle-mounted power products, with a stable competitive landscape in recent years [2] Competitive Advantages - Domestic suppliers have gained significant experience in the new energy vehicle sector, enhancing competitiveness in international projects [2] - Domestic brands have opportunities to become international suppliers, providing comprehensive solutions to global customers [2] Profitability Trends - Intense price competition in the domestic new energy vehicle market has led to cost-cutting demands across the supply chain [3] - Despite market expansion, profitability for vehicle-mounted power systems is expected to remain challenging in the short term due to ongoing competition [3] - The company plans to mitigate impacts on performance through technological and business cost reductions [3] Collaboration with BYD - The company is a supplier within BYD's system, primarily focusing on vehicle-mounted power products for certain models [4] - Current collaboration does not involve ultra-fast charging business [4] Robotics Industry Outlook - The robotics industry is gaining traction, with potential overlaps in charging functions and power electronics technology [4] - However, significant differences exist in charging requirements and product forms between robotics and automotive power products, and the company currently has no concrete plans in this area [4]