FLAC(SZ:002536)2022-12-08 08:10Group 1: Company Overview - The company is the largest automotive water pump manufacturer in China, with a market share of one-third in the domestic market [1][2] - The company has established strategic partnerships with clients through superior quality, which may lead to potential price adjustments in future products [1] Group 2: Market Potential - The automotive industry in China has significant growth potential, with average car ownership per thousand people and family vehicle ownership still below international averages [2] - Collaborations with well-known international automotive companies have opened up opportunities in the global market, enhancing the company's technical strength and profitability [2] Group 3: Response to Industry Trends - The company has successfully developed electronic water pumps to adapt to the rise of electric vehicles, although traditional vehicles are expected to remain dominant in the near future [2] - The shift of component manufacturing from Europe and the U.S. to China due to resource and labor costs presents substantial opportunities for the company [2]