TQM(SZ:002510)2022-12-06 23:50Group 1: Market Demand and Production - The demand for mold orders primarily comes from the development of new car models and modifications of existing models [2] - The production cycle for mold products is generally long, approximately 12-24 months, depending on the product [2] - The domestic mold market size is estimated to be around 100-150 billion RMB, while the international market size is approximately 150-200 billion USD [3] Group 2: Sales and Revenue Recognition - Mold products' sales revenue is recognized at the time of final acceptance (for domestic sales) or shipment (for overseas sales) based on the principle of prudence [3] Group 3: Global Expansion and Strategy - The German subsidiary serves as a market development and after-sales service window for Europe, contributing positively to the company's mold technology and brand recognition [3] - The company plans to further advance its factory establishment in North America in 2016, enhancing its global strategic layout and service capabilities [3] Group 4: Aerospace and New Energy Vehicles - The company has a stake in two aviation-related companies, focusing on parts processing and production, with major clients including Bombardier [4] - The rapid development of new energy vehicles is expected to significantly increase market demand for molds, with a growing proportion of orders coming from new energy vehicle manufacturers like Tesla and NIO [4] Group 5: Order Status and Future Outlook - The current order backlog is approximately over 2 billion RMB, with a strong demand forecast for 2016 compared to 2015 [5]