Yinchuan Weili Transmission Technology (SZ:300904)2025-12-09 09:16Group 1: Company Overview - The company, Yinchuan Weili Transmission Technology Co., Ltd., introduced its growth history, main business, core products, and the progress of the Gearbox Smart Factory project during the investor visit [1]. Group 2: Gearbox Smart Factory Progress - As of October 31, 2025, the total investment in the Wind Power Gearbox Smart Factory reached CNY 1,321.11 million, with the project currently in a critical construction phase [1]. - The core production equipment has been successfully deployed, laying a hardware foundation for future capacity release [2]. Group 3: Production Capacity and Challenges - The factory is in the initial stage of capacity ramp-up, facing challenges such as the need for the production team to enhance operational proficiency and optimize production line connections [2]. - The production capacity will follow a "steady ramp-up, gradual release" approach, with ongoing monitoring of production line integration, personnel training, and equipment debugging [2]. Group 4: Profitability and Cost Control - The expected gross margin for the gearbox business is anticipated to improve significantly post-production, driven by increased product value and cost reductions from economies of scale [2]. - Cost reduction strategies include: - Technical Optimization: Enhancing product design to reduce material costs [3]. - Intelligent Production: Automating key processes to improve efficiency and reduce waste [3]. - Supply Chain Management: Establishing a robust supplier evaluation system to control costs [3]. - Operational Efficiency: Streamlining internal management to reduce delivery losses and expand market reach [3]. Group 5: Communication and Compliance - The company ensured thorough communication with investors, adhering to information disclosure regulations to maintain transparency and prevent the leakage of undisclosed significant information [3].