电工合金(300697) - 电工合金调研活动信息（4）

Group 1: Product Applications and Market Demand - The company's copper busbars and components are primarily used in power generation and distribution, including high and low voltage electrical facilities such as switch cabinets, bus ducts, and circuit breakers, as well as in wind, hydro, and nuclear power plants. The market demand is closely related to the development of the national economy [2] - The main products are high-voltage products, characterized by high strength and high conductivity [2] Group 2: Performance Challenges - The decline in the performance of the electrified railway contact network business is attributed to the impact of the COVID-19 pandemic, which has slowed railway construction and logistics, leading to inventory buildup and a slight decrease in revenue from related products [2] - Despite maintaining a high market share in this segment, the company faced challenges due to external factors affecting construction and logistics [2] Group 3: Revenue Forecast and Product Types - The revenue forecast for the copper components business in 2023 will largely depend on fluctuations in copper prices [3] - The main products include electrified railway contact network series products (copper wire materials) and copper busbar series products (copper strip materials) [2] Group 4: New Energy Vehicle Components - The company has developed high-performance induction motor oxygen-free copper rotor bars, which have been supplied to NIO for models such as ES8, ES6, and ET7, replacing imported products from Germany [3] - The new energy vehicle fundraising project includes three main products: module connectors, electronic control connectors & special terminals, and high-voltage connectors for vehicles (800V fast charging demand), with strong overall market demand [3] Group 5: Safety and Performance Enhancements - The high-voltage connectors for vehicles extend from the charging interface to the battery pack, offering lower costs and easier layout compared to traditional wiring harnesses, making them a mainstream development direction [3] - The copper busbars' high strength and conductivity, along with their stability and ease of layout, provide better safety performance compared to wiring harnesses [3]