MAE(SZ:002009)2022-12-08 03:18Group 1: Company Development Direction - The company will focus on developing automated warehousing and the recycling and dismantling of old vehicles [2] - The company has invested CNY 12 million to acquire a 20% stake in Beijing Yongzheng Jiaying Technology Development Co., Ltd. [2] - The aim is to create a trading platform for used auto parts, facilitating information sharing and online-offline transactions [2] Group 2: Second-hand Panda Network - The second-hand Panda Network has over 500 dismantling companies, 1,000 repair shops, and 3,000 recycling points as members [2] - All scrapped vehicle deregistration and subsidy applications are processed through another website, which is beneficial for tracking scrapped vehicle information [2] Group 3: Recycling Volume and Market Trends - The recycling volume of old vehicles in Ningbo has been increasing rapidly due to the national policy on phasing out yellow-label vehicles [3] - Although there may be a short-term decline in recycling volume after the policy exit, the overall trend is expected to rise due to increasing vehicle ownership [3] Group 4: Company Performance and Projects - The company’s traditional automotive automation equipment business has maintained stability with sufficient orders [3] - The remote data collection decision-making platform and intelligent equipment system project is set to be implemented in October 2015, with completion expected by April 2016 [3] - The company is progressing with two merger and acquisition projects, with a formal draft to be submitted for shareholder approval by the end of July 2015 [3]