WFHT(SZ:000581)2025-11-04 09:12Group 1: Business Transformation and Strategy - The company is actively constructing a comprehensive system of "independent R&D + strategic mergers + head collaboration" to drive transformation [2] - It aims to expand into the new energy vehicle sector while also venturing into non-automotive fields such as hydraulics and thermal management [2][3] - The company plans to leverage its technological innovations to create a diversified business ecosystem for high-quality development [2] Group 2: Product Development and Market Performance - The company has set a production and sales target of approximately 3 million units for its millimeter-wave radar products by 2026 [3] - The millimeter-wave radar has been adopted by several major domestic manufacturers and is expected to significantly boost the company's performance [3] - The company’s seat business, established in July 2020, is projected to achieve production and sales of over 200,000 units in 2025 [4] Group 3: Financial Performance and Shareholder Returns - Since its listing in 1995, the company has raised a total of 40.38 billion yuan and has implemented cash dividends 31 times, totaling 12.368 billion yuan [6] - The company plans to maintain a high-level cash dividend strategy while balancing business development funding needs [6] Group 4: Strategic Partnerships and Collaborations - The company has a long-standing partnership with Bosch, which began in 1984, and has recently signed a new strategic cooperation agreement focusing on automotive intelligence and hydrogen energy [6] - The joint venture with Baolong Technology aims to provide competitive hydraulic pumps for active suspension systems [3][4] Group 5: Market Trends and Future Outlook - The company is focusing on the growing market for hybrid vehicles, with sales of gasoline and diesel purifiers showing year-on-year growth [5] - The company is also exploring opportunities in the robotics sector, leveraging synergies between the automotive and robotics industries [4]