Goaland(SZ:300499)2022-12-03 08:38Group 1: Company Overview - The company focuses on thermal management technology innovation and industrialization, with applications in high-voltage direct current transmission, renewable energy generation, flexible AC transmission, and high-power electrical drive [4] - The acquisition of Dongguan Silicon Xiang enhances the company's product structure and expands its business scope into the new energy vehicle sector [5] Group 2: Acquisition Impact - The acquisition aims to enrich the company's product system and achieve horizontal integration, enhancing synergy and promoting business development [5] - Dongguan Silicon Xiang's expertise in thermal management systems for power batteries will accelerate the company's entry into the new energy vehicle market [7] Group 3: Financial Aspects - The company issued convertible bonds worth CNY 280 million to acquire 51% of Dongguan Silicon Xiang's equity and supplement working capital, with the issuance completed on December 16, 2020 [7] - The acquisition is expected to improve shareholder returns and enhance the company's overall strength, with Dongguan Silicon Xiang showing consistent growth and strong profitability [5] Group 4: Product and Market Strategy - The new energy vehicle thermal management system includes components like liquid cooling plates, heating sheets, and thermal insulation materials, as well as system-level products [5][7] - The company plans to deepen its focus on electric drive water cooling while accelerating the development of new energy vehicle thermal management and ICT thermal management businesses [9] Group 5: Future Outlook - The company aims to become a leader in energy-saving product solutions, focusing on the industrialization of thermal management applications across various sectors [9] - It will continue to explore new markets and enhance interactions with domestic and international clients to address challenges in overseas projects [9] Group 6: Communication and Compliance - The company ensured thorough communication with investors during the meeting, adhering to information disclosure regulations to maintain transparency and prevent the leakage of undisclosed significant information [11]