SBT(SH:688392)2023-09-27 23:56Group 1: Market Demand and Opportunities - The company currently has no bulk orders for roll welding equipment [2] - In the automotive wiring harness and IGBT sectors, the annual market demand for ultrasonic welding equipment is projected to be between 500 million to 1 billion CNY [2] - The high-voltage wiring harness market is expected to grow alongside the new energy vehicle market, providing continuous momentum for ultrasonic welding equipment development [2] Group 2: Application and Technology Development - The company is exploring various applications of ultrasonic technology in the new energy lithium battery sector, including ultrasonic dust removal and scanning [3] - A multidisciplinary team has been established to enhance the company's ability to develop equipment for different application scenarios [3] Group 3: Competitive Landscape - In the automotive wiring harness welding sector, the main competitor is Germany's Schunk, which holds a significant market share, while the company's market share is currently low [3] - The company collaborates with notable clients in the IGBT sector, including Infineon and Guangdong Chip Energy, and aims to deepen relationships to enhance business prospects [4] Group 4: Financial and R&D Strategy - The company employs various payment models with clients, including the 334 model (prepayment, delivery payment, acceptance payment) and others, with 30%-40% of the payment made after acceptance [3] - The company plans to increase R&D investment in new products and technologies to improve market share and core component manufacturing capabilities [4] - The competitive landscape in the traditional power battery ear welding sector is stable, with established relationships with major domestic battery manufacturers [5]