浙江恒威(301222) - 浙江恒威调研活动信息2023-004

Group 1: Company Overview and Product Range - Zhejiang Hengwei specializes in the research, production, and sales of high-performance environmentally friendly zinc-manganese batteries, including LR03, R03, R6, R14, R20, and 6F22 series carbon batteries [2] - The company's products are widely used in small household appliances, new consumer electronics, wireless security devices, smart home products, outdoor electronic devices, wireless communication equipment, medical electronic instruments, electric toys, digital products, and mobile lighting [2] - Future production plans include CR2032 and CR2045 series lithium-manganese batteries for applications such as electronic watches, automotive electronic keys, tire pressure monitoring systems, smart shelf electronic tags, and parking locks [2] Group 2: Market Outlook and Strategic Plans - The market demand for the company's products is stable, with a broad market space anticipated [2] - The company plans to establish a wholly-owned subsidiary in Vietnam to implement a global strategic layout for high-performance environmentally friendly alkaline and carbon battery projects, with production expected to start next year and reach full capacity by 2026 [2] - The company is also investing in the intelligent transformation of its production facilities in Jiaxing, which will add new product production workshops and packaging workshops [2] Group 3: Financial and Customer Relations - The company emphasizes active returns to investors and will develop reasonable profit distribution plans while ensuring stable production operations [3] - The company has established long-term stable partnerships with numerous international clients, primarily exporting to developed countries and regions such as Europe, North America, and Japan [3] - The current capacity utilization rate is at an ideal level, with good credit and payment collection from major clients, supported by export credit insurance to mitigate risks [3] Group 4: Domestic Market Development and Future Investments - The company is actively seeking collaborations with well-known domestic enterprises in the energy and electrical sectors to provide high-quality, safe, and environmentally friendly zinc-manganese battery products [4] - The company plans to leverage e-commerce and other marketing methods to enhance sales channels and improve consumer shopping experiences [4] - Future investment plans will focus on industry trends and potential mergers and acquisitions to strengthen the core business [4]