Group 1: Emission Standards and Market Opportunities - The implementation of the National IV emission standards in 2015 will present opportunities for Yunnei Power, as the company has already developed engines that meet these standards [2][3] - The company's existing commercial vehicle diesel engines have reached National IV emission levels, which is expected to increase market share [3] - The D series engines, developed in collaboration with FEV, are globally competitive and have already been exported to the UK, meeting Euro V standards [3] Group 2: Sales Performance - As of the end of November 2014, the sales of National IV engines reached approximately 18,000 units, ranking among the top in the industry [4] Group 3: Profit Margins and Growth Points - The gross profit margin for National IV engines is higher than that of National III and below due to the price increase being greater than the cost increase [4] - Future growth points include opportunities from National IV standards, the D series engine market, and the development of natural gas engines [4] - The company has successfully developed YN30/36/38QNE series gas engines, enhancing competitiveness in the gas engine market [4] Group 4: New Shareholders and Funding - The recent share issuance introduced 6 new shareholders, with details disclosed in the November 25 announcement [5]
云内动力(000903) - 2014年12月3日投资者关系活动记录表