ZheJiang Vie Science & Technology (SZ:002590)2022-12-06 08:40Group 1: Company Overview - The company produces various systems including pneumatic braking systems, hydraulic braking systems, clutch control systems, cast iron components, and suspension systems [1] - In 2016, the company expects to increase the assembly of pneumatic ABS by approximately 100,000 units due to new national regulations [2] Group 2: Product Development and Strategy - The company is currently developing ESC and plans to advance towards ADAS, with lightweight chassis systems and wireless charging products in the pipeline [2][3] - The company has established partnerships with Shaanxi Heavy Duty Automobile and Jirui Heavy Truck for EBS testing, aiming for small batch production of 3,000-5,000 units this year [2] Group 3: Financial Performance and Market Position - The gross margin for suspension system products is low due to some components being sourced externally, reducing the self-manufacturing rate [3] - The company is focusing on automotive electronic control systems, modularization, and lightweight development, while also expanding into rail transportation and energy recovery projects [4] Group 4: Future Collaborations and Innovations - A joint venture with Haldex Brake Products AB aims to upgrade existing vehicle braking control systems to an electromechanical system, enhancing safety and performance [4] - The company is investing in vehicle networking, wireless charging, and electric braking systems to strengthen its market position in emerging sectors like new energy vehicles [4]