Lucky Harvest(SZ:002965)2023-07-14 10:12Group 1: Company Overview - Xiangxin Technology Co., Ltd. specializes in the R&D, production, and sales of precision stamping molds and metal structural parts, focusing on automation and intelligence in mold technology [1] - The company is recognized as a national high-tech enterprise and has established engineering technology research centers in automotive lightweight forming [1] Group 2: Financial Performance - The net profit forecast for the first half of 2023 is between CNY 1.55 billion and CNY 1.8 billion, representing a year-on-year increase of 104% to 137% [1] - The company received project intention letters totaling CNY 28 billion to 28.5 billion from clients in the first half of 2023, covering sectors such as new energy vehicles and power batteries [2] Group 3: Market Opportunities - The rapid growth of the new energy market is expected to drive growth in the upstream supply chain, presenting significant opportunities for the company [2] - The company aims to actively embrace new energy sectors, including new energy vehicles, power batteries, photovoltaic inverters, and energy storage [2] Group 4: Future Outlook - The company plans to enhance product value and provide more convenient services, positioning itself as a platform-based and integrated supplier [2] - The transition towards electrification, intelligence, connectivity, and digitalization in the automotive industry is anticipated to create vast development space and market opportunities for leading enterprises in automotive molds and components [2]