JIANGSU YINHE ELECTRONICS CO.(SZ:002519)2022-12-08 08:54Group 1: Military Integration and Business Strategy - The company is actively participating in the military industry due to favorable national policies encouraging "military-civilian integration" [1] - The acquisition of Tongzhi Electromechanical is a strategic step into the military sector, focusing on intelligent power systems and vehicle-mounted equipment [3] - The company plans to expand its military product offerings from power distribution to comprehensive intelligent electromechanical control systems [3] Group 2: Performance and Growth - Tongzhi Electromechanical is expected to exceed its performance commitments due to a strong order backlog and ongoing R&D investments [4] - The growth in Tongzhi's performance is attributed to stable growth in existing products and rapid expansion of new products like vehicle-mounted black boxes and training simulators [4] - The company anticipates significant growth in the electric vehicle industry, supported by government policies [6] Group 3: Acquisitions and Synergies - The collaboration with two major weapon groups aims to establish broader partnerships for future growth [4] - The acquisition of Jiasheng Power focuses on electric vehicle charging technology, enhancing the company's capabilities in the renewable energy sector [5] - The acquisition of Fujian Junpeng will improve the company's automation technology and precision manufacturing capabilities [5] Group 4: Charging Infrastructure and Future Plans - The company has adjusted its plans for building "Internet+" based electric vehicle charging stations due to regulatory challenges [6] - The existing charging business has achieved over 100 million yuan in sales, with plans for further investment to enhance competitive advantages [6][7] - Future product offerings in the renewable energy sector will include various charging solutions and components for electric vehicles [7][8]