Group 1: Company Overview - Guangdong LVTONG New Energy Electric Vehicle Technology Co., Ltd. is a high-tech enterprise engaged in the research, production, and sales of site electric vehicles [1] - The company has established a strong brand reputation and market position in the site electric vehicle industry [1] - LVTONG electric vehicles have been used in significant events such as the G20 Summit in Hangzhou and the BRICS meeting in Xiamen [1] Group 2: Export and Market Data - In 2021, China exported 116,977 units of site electric vehicles, a year-on-year increase of 96.47%, with exports to the U.S. reaching 85,822 units, up 161.99% [2] - In the first half of 2022, exports of site electric vehicles totaled 87,398 units, a 79.08% increase, with 65,347 units exported to the U.S. [2] - The U.S. golf cart market is estimated to have an annual replacement market size of approximately 193,900 to 484,700 units [2] Group 3: Market Share and Growth Potential - In 2019, the global market for site electric vehicles reached 970,200 units, with a compound annual growth rate of approximately 8.8% from 2015 to 2019 [2] - By 2021, the global market size for site electric vehicles is estimated to be 1,148,500 units, with the U.S. market accounting for 42.43% of this total [2] - LVTONG's market share is 3.47% globally and 6.22% in the U.S., indicating significant growth potential [3] Group 4: Client Relationships and Market Position - LVTONG USA operates under the brand name "LVTONG," reflecting the company's branding strategy and enhancing customer trust in after-sales service [3] - ICON, one of the top five clients, has become the fourth-largest golf cart brand in the U.S., competing with major brands like E-Z-GO, Club Car, and Yamaha [3]
绿通科技(301322) - 2023年3月7日-8日投资者关系活动记录表