金固股份(002488) - 金固股份调研活动信息

Group 1: Company Overview - Zhejiang Jingu Co., Ltd. focuses on the production of lightweight automotive wheels, contributing to carbon emission reduction and aligning with national energy transition strategies [1] - The company is recognized as a national automotive parts export base and a leading enterprise in the wheel industry by the China Automotive Industry Association [1] Group 2: Product Features - The "Avatar" low-carbon wheel technology offers lightweight, high precision, and high strength, with a weight comparable to aluminum wheels but at a significantly lower cost [1] - Key advantages of the Avatar low-carbon wheel include lightweight, high strength, high precision, innovative appearance, better balance, enhanced deformation resistance, and durability [1] Group 3: Production Capacity and Expansion Plans - Current production capacity is approximately 12 million units, with one production line for Avatar low-carbon wheels capable of producing 1 million units [2] - Planned expansions include: - 2022: One additional production line at the Fuyang site, expected to add 1 million units - 2023: One production line in Nanning, adding another 1 million units, and two lines in Hefei, adding 2 million units [2] - The company aims to reach annual production capacities of 5 million units in 2023 and 10 million units in 2024 [2] Group 4: Funding Sources - Funding for the construction of Avatar low-carbon wheel production lines will primarily come from self-owned funds and bank project loans [3] - Self-owned funds are raised through the sale of non-core business assets, including the sale of 100% equity in Jingu New Energy and 2.42% equity in Xinkangzhong in 2021, and 100% equity in Jingu Environmental Protection in 2022 [3]