LUXSHARE-ICT(SZ:002475)2025-11-26 03:30Group 1: Company Overview and Strategic Vision - Lixun Precision has maintained a principle of not making excuses for performance, focusing on resilience and long-term planning since its listing [2][3] - The company emphasizes balanced development across short, medium, and long-term goals, integrating internal growth with external acquisitions [2][3] - Lixun aims to become a trusted partner in the smart manufacturing sector, ensuring high-quality products for consumers [6][14] Group 2: Business Segments and Innovations - The company has established a leading position in multiple fields by focusing on foundational technologies and cross-disciplinary innovation [4][6] - Lixun's automotive business has developed four major segments: connectors, wiring harnesses, intelligent control, and power systems, with a comprehensive product lineup [14][15] - The AI computing segment has made significant breakthroughs, with the company likening its current stage to the consumer electronics business in 2016-2017 [3][6] Group 3: Market Position and Growth Potential - The global automotive connector market is approximately RMB 200 billion, with Lixun aiming to become the largest Chinese automotive connector manufacturer by 2027 [14][15] - The global automotive wiring harness market is around RMB 400 billion, with Lixun expected to become the largest Chinese automotive wiring harness manufacturer this year [15][16] - Lixun's goal is to achieve a 10% market share in the global chassis market, which is valued at approximately RMB 600 billion [17][19] Group 4: AI and Robotics Development - Lixun is committed to advancing AI and humanoid robotics, focusing on internal system applications and external product empowerment [20][21] - The company plans to produce 3,000 humanoid robots this year, with a fully automated production line expected to launch next year [22][30] - Lixun's strategy includes enhancing manufacturing efficiency through core components and industrial robots [30][31] Group 5: Challenges and Strategic Responses - The company has adapted to geopolitical challenges by shifting over 95% of its products for the U.S. market to overseas manufacturing [24][38] - Lixun is focused on maintaining competitive advantages in the copper cable sector while preparing for potential shifts to new technologies like NPO and CPO [25][26] - The company emphasizes the importance of differentiation in product offerings to establish long-term partnerships with new customer groups in the data center sector [27][28]