Yonggui(SZ:300351)2022-12-08 02:58Group 1: Company Overview - The company has several main business segments, including rail transit connectors, new energy vehicle connectors, communication connectors, and military connectors [1] - The new energy vehicle connector segment is currently experiencing rapid growth, while military and communication connectors are expected to gradually become new growth points [1] Group 2: Market Share and Competition - The estimated market share for rail transit connectors is approximately 20% for train connectors and around 30% for other connectors [1] - Customers prioritize the stability and reliability of the manufacturer's product technology, as well as past supply performance and pricing during the bidding process [3] Group 3: Industry Outlook - The electric vehicle industry is viewed as a promising emerging sector with significant growth potential, and the company expects continued rapid development in this area [3] - Major clients for the new energy electric vehicle connectors include BYD, New Ocean, Wanxiang, Zotye, and Kandi [3] Group 4: Production Capacity and Expansion - The production capacity for new energy vehicle connectors is currently nearly full, and demand is expected to increase as the business expands [3] - The company plans to utilize raised funds to expand production capacity for new energy vehicle connectors in Mianyang Yonggui [3] Group 5: Future Strategies - The company intends to actively seek suitable acquisition targets in the coming years to accelerate development in new fields, markets, and industries [3]