Group 1: Financial Performance and Strategy - The company maintains a good gross profit margin, influenced by market conditions, business structure, exchange rates, and raw material prices, which are currently stable, minimizing short-term impacts on margins [1] - Long-term cost competition is a core concern in the automotive industry, with significant pressure for cost improvements across the supply chain [1] - The company aims to continuously enhance and solidify its cost advantages and core competitiveness to keep its gross profit margin stable and at a good level [1] Group 2: Raw Material Management - The company has a diverse range of materials, with no single type accounting for a large proportion of procurement costs; it typically signs framework agreements with core suppliers for bulk purchases to enjoy long-term price discounts [2] - The company anticipates trends in bulk raw material prices based on past experiences and macroeconomic conditions, employing strategies like advance purchasing to effectively reduce procurement costs [2] Group 3: Product Value and Development - The company's electric motor products are primarily used in cleaning systems and automotive applications, with the value per vehicle varying based on model and configuration [2] - As consumer focus on automotive performance increases, the demand for automotive micro-motors is expected to rise significantly, prompting the company to expand its product line and enhance per-vehicle value [2] Group 4: Overseas Production Capacity - The company has overseas factories in the U.S. and Thailand, with the U.S. facility focusing on cleaning system products and new product development, while the Thailand project is under orderly construction [2] - Upon reaching full production, the Thailand facility is planned to add capacities of 3 million door motors, 1.3 million charging door actuators, 1.3 million hidden door handle actuators, and 3 million washing pumps [2] Group 5: Technological Advancements - The company's self-developed harmonic magnetic field motor technology features high power density, compact size, and low cost, with capabilities to provide mature solutions to OEMs by 2024 [3] - Future R&D investments will focus on high-torque brushless motors, ESP motors, EPB motors, ABS motors, electric door motors, seat motors, thermal management system actuators, and related pumps, establishing a solid technical foundation for future development [3]
恒帅股份(300969) - 投资者关系活动记录表