Group 1: Company Overview and Market Position - The company has successfully obtained the E-Ruling certification from U.S. Customs for its Thailand factory, enabling it to meet a significant portion of North American market demand, with North American business revenue accounting for approximately 30% of total revenue [2] - The company’s products are characterized by inelastic demand in the aftermarket, making the impact of tariff policies relatively limited [2] Group 2: Production Capacity and Investment Plans - The company is focusing on the research and mass production of harmonic reducers, which are applicable in various robotic applications, and has reached a stage for small-batch production [3] - Plans are in place to invest in a second production line in H1 2025 to prepare for future market demand growth [3] - The company is actively advancing its intelligent technology transformation projects, including a project for the annual production of 6.29 million high-end automotive bearings [3] Group 3: Global Expansion and Client Strategy - The Thailand factory has received IATF16949 certification and is undergoing a third phase of investment to expand capacity and prepare for new market demands [3] - The company aims to strengthen strategic cooperation with existing clients in the aftermarket while actively developing clients in Europe, Japan, South Korea, and emerging markets [3] - The company plans to enhance communication and collaboration with well-known manufacturers to drive growth in the original equipment manufacturer (OEM) market [3] Group 4: Risk Management and Future Outlook - The company acknowledges the uncertainty surrounding U.S. tariff policies and will closely monitor and develop strategies to seize market opportunities [2] - Future capital expenditures will be planned based on business development needs [3]
斯菱股份(301550) - 浙江斯菱汽车轴承股份有限公司2025年4月24日投资者关系活动记录表