ZHIYUN AUTOMATION(SZ:300097)2022-12-05 01:48Company Overview - Established in 1992 and listed on the Shenzhen Stock Exchange in 2010, Zhiyun Co., Ltd. is a national high-tech enterprise and the first company in Dalian to be listed on the Growth Enterprise Market [4]. - The company focuses on intelligent manufacturing, automation equipment, robotics applications, and Industry 4.0 [4]. Business Segments - Zhiyun has developed three main business segments: 1. Traditional automotive intelligent manufacturing equipment 2. New energy intelligent manufacturing equipment 3. 3C intelligent manufacturing equipment [5]. - The traditional automotive segment provides non-standard automation equipment for powertrain assembly, testing, and cleaning, maintaining stable customer relationships [5]. - The new energy segment focuses on lithium battery production line solutions, emphasizing high-end equipment development through international collaboration [5]. - The 3C segment offers advanced bonding, dispensing, and testing equipment, certified by leading international companies [5]. Market Trends and Growth Drivers - The automation equipment industry is experiencing a shift towards higher automation levels, driven by the rigid demand for labor replacement [7]. - The smartphone market, despite slowing growth, continues to see significant annual shipment volumes, necessitating equipment upgrades [7]. - The transition of panel production capacity from abroad to China is expected to result in China capturing over 95% of the touch display market share [7]. - Investment in new technologies, such as OLED, is projected to reach 300-400 billion, benefiting the company's business [7]. Production Capacity and Financial Outlook - In 2017, the production capacity of the company reached 1.5-2 billion, with plans to ensure over 2 billion in the following year [7]. - The company aims to maintain a competitive edge by offering customized products with high automation levels, resulting in higher added value [7]. - The new energy segment is positioned for internationalization and high-end development, with plans to integrate the entire lithium battery production line [9]. Strategic Planning and Future Prospects - Zhiyun plans to leverage its 25 years of experience in the automotive industry to contribute significantly to the lithium battery sector in the next two to three years [9]. - The company is establishing cooperative relationships with downstream clients through capital collaboration, enhancing business scale and market reach [10]. - The overall industry trend indicates a shift towards fewer manufacturers with larger production scales, driven by increasing demand and technological advancements [10].