ZheJiang Vie Science & Technology (SZ:002590)2022-12-07 08:48Group 1: Company Overview and Product Development - The company is investing in modular products for the automotive sector, specifically in Anhui Wan'an, utilizing imported equipment and new materials like aluminum-magnesium alloys for lightweight development [1] - The company has established a localized factory in Liuzhou to strengthen partnerships with Dongfeng Liuzhou and SAIC-GM-Wuling for modular product collaboration [2] - Major clients for the company's large modular products include Jianghuai, Great Wall, Huatai, SAIC-GM-Wuling, Dongfeng Liuzhou, Dongfeng Xiaokang, and Southeast Motors [2] Group 2: Production Capacity and Strategic Partnerships - The "Automotive Electric Control Brake Project" aims to achieve an annual production capacity of 200,000 sets of ABS and 50,000 sets of EBS, with ABS already in mass production [3] - The company’s investment in the vehicle networking platform Feichi Meiwuzhi will facilitate the transition from electronic control to ADAS and smart vehicle development [3] - The company is also collaborating with Soda Technology for smart electric vehicle sharing and operations, enhancing its resource integration in the new energy vehicle sector [3] Group 3: Future Outlook and Strategic Planning - The company is optimistic about next year's performance, focusing on products like chassis subframes and pneumatic ABS, with over 18 new models in development [3] - Future strategic plans include expanding into automotive electronics, increasing investment in modular and lightweight development, and exploring rail vehicle transportation business [3] - The company aims to implement projects in energy recovery, vehicle networking, wireless charging, and ADAS through investments, joint ventures, and collaborations [3]