JEE(SH:688162)2023-09-25 02:10Company Overview - Anhui Juyi Technology Co., Ltd. was established in 2005 and is recognized as a "Little Giant" enterprise in China, specializing in automotive intelligent equipment and electric drive systems for new energy vehicles [2]. - The company’s main products include intelligent equipment and electric control components for new energy vehicles, with a focus on battery production lines, intelligent assembly lines, and digital operation management systems [2]. Market Opportunities - The intelligent equipment sector is expected to grow due to continuous innovation in manufacturing processes and rapid technological iterations, creating new opportunities in the equipment market [69]. - International investments in new energy are on the rise, with global automotive companies seeking to catch up, which is likely to boost overseas capital expenditure and increase demand for equipment [69]. - The penetration rate of new energy vehicles in China is steadily increasing, driven by new entrants and traditional automakers accelerating their electrification efforts, leading to stable growth in domestic equipment investments [69]. Business Growth and Capacity Planning - The company plans to enhance operational management and project quality to capitalize on the rapid development of the new energy vehicle market [69]. - The main clients for the electric motor and control business in the first half of the year include VF, Geely, Chery, and Dongfeng, with production expected to ramp up for several platforms in the second half of the year [69]. - The planned production capacity for electric drive assemblies is set to reach 500,000 units per year, while the capacity for electric control components is projected to be 800,000 units per year, fully meeting customer needs [69]. Investor Relations - The investor relations activities included specific object research and roadshow activities, conducted on September 20-21, 2023, in the company’s conference room [2]. - The company adhered to regulations regarding information disclosure, ensuring that all information provided was accurate, complete, and timely, with no significant undisclosed information leaks [69].