LZJT(SZ:300428)2022-11-19 01:20Group 1: Strategic Cooperation - The company signed a strategic cooperation framework agreement with Wencan Group focusing on heat-free treatment alloys for large integrated automotive components and battery boxes [2] - The collaboration aims to leverage both parties' resources to develop suitable materials for large integrated aluminum castings, with the company responsible for material formulation and Wencan for application process development [2][3] Group 2: Technical Advantages - The company's heat-free treatment alloy exhibits superior mechanical properties, with an elongation rate improved by over 500% compared to traditional die-casting materials, making it suitable for high-strength, high-toughness, and oversized components [3] - The alloy's unique low Mo modification technology reduces Mo content to 1/5-1/7 of international standards, addressing issues of low fluidity and high scrap rates in integrated casting processes [3] - The cost of the company's heat-free treatment alloy is 15%-20% lower than similar foreign products, enhancing its competitiveness in the international market [3] Group 3: Market Position and Performance - The company has established a solid market foundation in the new energy vehicle sector, supplying aluminum alloy wheels to several major manufacturers, including NIO, Li Auto, and Xpeng [4] - In 2021, the company achieved a net profit of 450 million yuan, a year-on-year increase of 4.04%, with the functional intermediate alloy segment seeing a 62.02% profit growth [4][5] - The company faced a net profit decline of 49.87% in 2022 due to external factors but showed signs of recovery in Q4 2021, with a 26% increase in Q1 2022 net profit [5]