Landai Technology(SZ:002765)2023-01-16 23:06Group 1: Company Performance and Challenges - In Q4 2022, the company faced operational difficulties due to the COVID-19 outbreak but managed to maintain normal operations through effective pandemic control measures [1] - The company will disclose its annual report for 2022, which will provide detailed insights into its operational performance [2] Group 2: Partnerships and Client Development - The company has established a strategic partnership with BYD, supplying parts for their EV models, which are now in mass production [2] - The company is expanding its client base in the new energy sector, collaborating with renowned enterprises such as Geely, SAIC Group, and BYD [2] Group 3: Investment and Production Capacity - The company is initiating a new energy investment project in Ma'anshan to enhance its production capacity for high-precision transmission gears [2] - The first phase of this project is expected to complete equipment installation and commence production in the first half of 2023 [2] Group 4: Equipment and Technology - The company is investing in advanced manufacturing equipment, including CNC gear grinding machines and vacuum quenching furnaces, to enhance its production capabilities [3] - The procurement cycle for high-end new energy equipment, such as gear grinding machines, is approximately one year [3] Group 5: Traditional Vehicle Business - The company has optimized its product and client structure in the traditional fuel vehicle sector, focusing on commercial vehicle transmissions and achieving stable growth [3] - Key clients in the traditional vehicle segment include Foton, Wuling, and Toyota [3] Group 6: Synergy Between Business Segments - The company leverages its experience in automotive parts and touch display technology to enhance its service capabilities in the automotive industry [4] - Future focus areas include expanding the vehicle-mounted product line and enhancing collaboration with existing clients in the automotive sector [4]