SHANDONG WEIDA(SZ:002026)2022-12-08 01:17Group 1: Company Overview - Shandong Weida aims to become a leading provider of intelligent manufacturing solutions in China [2] - The company operates in various sectors including food, beverage, pharmaceuticals, fine chemicals, high-end equipment, machinery, and automotive [3] Group 2: Business Segments - The main business segments include: - Factory Automation: Provides comprehensive automation solutions for discrete and continuous production processes [3] - Logistics Automation: Offers overall solutions for logistics design, conveying, stacking, sorting, and AGV systems [3] - Robotics and Intelligent Equipment: Develops robotic systems and intelligent equipment based on core robotic technology [3] Group 3: Core Competencies - The company boasts a mature team with extensive experience and successful track records [3] - Strong engineering delivery capabilities and a robust ERP management system for cost analysis and process control [3] - 70% of current business comes from existing customers, indicating strong client retention [3] Group 4: Historical Projects - Notable projects include: - Process Automation: Projects for Bright Dairy, Dow Chemical, and others [3] - Discrete Automation: Collaborations with Alstom, Bosch Rexroth, and SAIC [3] - Logistics Automation: Systems for Michelin, Nanjing Airport, and SF Express [3] Group 5: Financial Aspects - Payment terms typically include 30% upfront, 40%-50% upon delivery, and 20%-30% upon acceptance [3] - The company expresses confidence in fulfilling performance commitments due to a sufficient order backlog [3] Group 6: Strategic Partnerships - Collaboration with Shandong Weida is driven by strong machining capabilities and mutual automation needs [3] - The partnership is expected to contribute to revenue growth and aligns with long-term strategic planning [3]