Xinpeng Co.,Ltd.(SZ:002328)2022-12-08 02:01Group 1: Company Overview - Shanghai Xinpeng Industrial Co., Ltd. was established in October 1997 and listed on the Shenzhen Stock Exchange on December 30, 2009, with stock code 002328 [1] - The company primarily produces large metal outer covers and structural parts for passenger vehicles, including side panels, doors, and chassis components [1] Group 2: Production Capacity and Operations - The company introduced a Schuler 8100T high-speed automated stamping line in 2014, with a production capacity of approximately 2.5 million strokes per year, placing it at the top level among similar stamping enterprises [2] - The production line is expected to achieve full capacity production in 2015, having already secured contracts for various models from Shanghai Volkswagen, including the Tiguan, Touran, and New Lavida [2] Group 3: Client Relationships and Market Strategy - Shanghai Volkswagen provides an annual production plan at the beginning of each year, which the company uses to adjust its production schedule based on sales performance throughout the year [2] - Currently, the company mainly supplies automotive parts to Shanghai Volkswagen and has not yet considered entering the parts production business for other manufacturers [2] Group 4: Subsidiary Operations - The subsidiary, Shanghai Xinpeng Precision Electromechanical Co., Ltd., operates Kangpai Electronics, which specializes in satellite navigation communication equipment and has developed products for the Beidou satellite navigation system [2] - The company aims to leverage existing technology and resources to upgrade its Beidou marine rescue positioning products and expand into broader military and civilian markets [2]