Changyao Group(SZ:300391)2022-12-03 08:56Group 1: Company Overview - Kangyue Technology Co., Ltd. was listed on the Growth Enterprise Market in August 2014 and acquired Hebei Yihang Technology Co., Ltd. in 2017 [2] - The company's business segments are primarily divided into three parts: photovoltaic equipment, photovoltaic modules, and booster products [2] Group 2: Revenue Distribution - In the first three quarters of 2018, the revenue distribution among business segments was approximately: booster segment accounted for around 40%, while photovoltaic equipment and photovoltaic modules each accounted for around 30% [3] Group 3: Photovoltaic Business Insights - The wholly-owned subsidiary Yihang Technology focuses on the R&D, production, and sales of key equipment for intelligent photovoltaic module production lines [3] - Global photovoltaic module installation is expected to grow to 130 GW in 2019, with leading manufacturers adding over 20 GW of new capacity [3] - The company’s core equipment products for photovoltaic module production lines can meet customer demands for equipment upgrades and replacements [3] Group 4: Competitive Advantages - Yihang Technology has developed leading automation and electromechanical integration technologies, enabling rapid customer response and maintaining a competitive edge in product innovation [4] - The company continuously strengthens its R&D team to enhance product innovation and maintain the ability to introduce new products to the market [4] Group 5: Booster Products - The company’s turbocharger products have expanded from commercial vehicles and engineering machinery to large turbochargers since 2016, adapting to stricter emission standards [4]