SONGZ(SZ:002454)2022-12-04 07:02Group 1: Company Overview - Shanghai Jialeng Songzhi Automotive Air Conditioning Co., Ltd. is focused on the automotive air conditioning sector [1] - The company has strengthened its development capabilities, particularly in the complete vehicle system [1] Group 2: Business Performance - The small vehicle air conditioning business has seen significant growth, with new orders exceeding 2.1 billion yuan in the first half of the year [2] - The small vehicle thermal management business is currently in an upward phase [2] Group 3: Industry Position - The domestic market for automotive thermal management is rapidly developing, providing new opportunities for domestic brands [2] - The gap between domestic and foreign manufacturers in the new energy sector is narrowing [2] Group 4: Future Directions - The company is increasing R&D investments, focusing on the development of heat pump air conditioning systems for new energy vehicles [2] - The second-generation heat pump air conditioning system has completed development and road testing, while the third-generation system is progressing well [2]