FLAC(SZ:002536)2022-12-05 01:50Group 1: Market Position and Competitive Advantages - The company maintains a high market share in automotive water pumps due to advantages in scale, technology, brand, quality, and customer structure [1] Group 2: Research and Development Focus - The company is increasing its R&D investment to align with the energy-saving and emission-reduction trends in the automotive parts industry, focusing on developing turbocharger housings and electronic pumps [1] - Establishment of Shanghai Feilong Company to enhance technical R&D in new energy vehicle batteries and automotive engine thermal management systems [1] Group 3: Management and Corporate Governance - The company currently does not plan to implement an equity incentive program [3] - A stable management team is maintained through a reasonable and scientific selection, employment, and retention mechanism, along with a developed corporate culture [3] - There are no plans for major shareholder assets to be injected into the company [3] Group 4: Product Sales and Market Trends - Sales of electronic water pumps are currently low, but the product aligns with energy-saving and environmental protection trends, indicating significant growth potential [3] - The impact of RMB appreciation on the company is minimal, as contracts consider exchange rate fluctuations to mitigate risks [3]