Jiangsu Bojun Industrial Technology (SZ:300926)2025-08-29 12:34Group 1: Company Overview - Jiangsu Bojun Industrial Technology Co., Ltd. was established in 2011, focusing on the R&D, design, production, and sales of automotive precision components and molds [2][3]. - The company offers a one-stop solution for automotive parts, covering various systems such as steering, power, doors, sunroofs, electronics, interiors, and seating [3]. - Bojun has established strategic partnerships with renowned manufacturers like Geely, Changan, BYD, and Magna [3]. Group 2: Subsidiaries and Expansion - The company has 15 subsidiaries across China, with several established between 2017 and 2025, including locations in Chongqing, Chengdu, and Xi'an [3][4]. - Recent acquisitions include Hebei Bojun Auto Parts Co., Ltd. and Jiangsu Bojun Auto Parts Co., Ltd. in 2024 [4]. Group 3: Investor Relations and Financial Performance - The company has seen significant growth in sales to BYD in the first half of the year compared to the same period last year, with expectations for continued growth in the second half [5]. - Many main engine manufacturers have shortened payment terms, which has helped reduce accounts receivable and improve asset turnover [5]. - The company is also exploring investments in robotics but has not made substantial progress yet [5]. Group 4: Future Collaborations and Projects - Bojun is collaborating with Shanghai Electric on customized robotics technology for automotive parts manufacturing, with the project progressing as planned [4]. - The company has secured a project with BAIC for integrated die-casting, focusing on products like shock towers and rear floors [5].