FAWER(SZ:000030)2025-07-28 10:26Group 1: Strategic Partnerships and Product Development - The company established joint ventures with FAW Group for intelligent steering and suspension systems to accelerate the mass production of fully electric products, supporting the "big chassis" strategy [2] - The company has developed C-EPS and DP-EPS products, which have received domestic orders and entered mass production, while R-EPS samples have been completed [3] Group 2: Market Position and Competitive Advantages - Founded in 1998, the company has advantages in scale, product range, R&D capabilities, and customer coverage, positioning itself as a mixed-ownership automotive parts listed company [3] - The company has established 10 provincial technology centers and 1 municipal technology center, along with 11 CNAS-recognized laboratories, enhancing its R&D strength [3] Group 3: Market Expansion and Revenue Growth - The company has significantly increased its external market revenue share from 14% at the beginning of the 13th Five-Year Plan to 30%, with external orders accounting for 48% of total orders in 2024 [4] - In 2024, the company secured 307 new orders, with 142 from external markets, and over 80% of new energy orders covering various product lines [4]