Tianrun Industry(SZ:002283)2022-12-08 02:22Group 1: Company Overview - Tianrun Crankshaft Co., Ltd. is facing a challenging market environment in 2015, particularly in the heavy-duty truck industry, which is expected to be difficult [2][3]. - The company aims to strengthen its development of new customers and products to counteract the negative impacts of macroeconomic factors [3]. Group 2: Financial Performance - In Q1 2015, the company reported a revenue of 377 million yuan, a decrease of 17.50% compared to the same period last year [2]. - The heavy-duty engine crankshaft revenue accounts for approximately 75%-78% of the total revenue [3]. Group 3: Production and Capacity - The company is set to complete its marine crankshaft forging production line by October 2015, which will allow for sample production [3][4]. - There are currently six non-public fundraising projects, with five already completed [4]. Group 4: Market Strategy - The company does not sell directly to end customers but rather through downstream customers [4]. - In light of the current industry downturn, the company is unlikely to pursue new financing for production line construction and will focus on optimizing existing capacity [4].