兴瑞科技(002937) - 2023年2月8日投资者关系活动记录表

Group 1: Company Overview - Ningbo Xingrui Technology Co., Ltd. was established in 2001, focusing on the manufacturing and R&D of electronic connectors, structural parts, and embedded injection parts, widely used in smart terminals, automotive electronics, and new energy vehicle wiring systems [2][3] - Major clients in the automotive electronics sector include Panasonic, Bosch, and Hitachi, while key clients in the smart terminal sector include Vantiva and Commscope [3] Group 2: Financial Performance - For the first nine months of 2022, the company achieved a revenue of CNY 1.265 billion, representing a year-on-year growth of 40.41% [3] - The net profit attributable to shareholders reached CNY 144 million, with a year-on-year increase of 83.95% [3] - The company forecasts a net profit for 2022 between CNY 210 million and CNY 221 million, indicating a growth of 115% compared to the previous year [3][4] Group 3: Growth Drivers - The rapid growth in 2022 was driven by a focus on R&D and expansion in the new energy vehicle and smart terminal sectors, alongside the development of international and domestic key clients [4] - The company has leveraged its advantages in production processes, lean management, capacity layout, and supply chain management to ensure product quality and delivery times, gaining high recognition from clients [4] Group 4: Manufacturing Capabilities - Xingrui Technology has over 20 years of experience in precision mold and component manufacturing, with comprehensive capabilities including synchronous R&D with clients, mold design and manufacturing, stamping, injection molding, surface treatment, and assembly [4] - The company has established six major production bases domestically and internationally, with significant investments in new facilities to enhance production capacity [4] Group 5: Future Plans - The Dongguan new factory was completed in June 2022 and has commenced production [4] - The total investment for the Cixi new energy vehicle parts base has increased from CNY 392.93 million to CNY 662.60 million, with construction expected to be completed by mid-2024 [4]