Group 1: Company Overview and Clientele - The company primarily supplies suspension systems, with direct sales agreements signed with major automotive manufacturers such as Geely, Changan Mazda, Great Wall Motors, and Leap Motor, currently accounting for approximately 2% of revenue [1] - In 2022, the company had significant business with Tier 1 clients including BASF, Tenneco, and Mando, indirectly supporting brands like Volkswagen, Mazda, Honda, General Motors, Geely, and Chery [1] - The company’s products applicable to new energy vehicles accounted for about 22% in 2022 [3] Group 2: Production Capacity and Market Trends - New production capacity established in 2022 primarily serves clients such as BASF, Tenneco, and Geely, focusing on components like suspension shock absorber aluminum castings and powertrain aluminum castings [2] - The company is currently experiencing a recovery in orders as the automotive market rebounds, with production capacity not yet fully saturated [2] - The company is actively researching components for electronic control shock absorbers and air suspension systems, with some parts already in mass production [2] Group 3: Product Development and Innovations - Key products expected to contribute significantly to performance in 2023 include water pump housings, chassis damping rubber parts, and aluminum brackets [4] - The company has achieved technological breakthroughs in components for electric drive systems, steering systems, and hub motor systems [4] - The company is focusing on high-precision automotive aluminum die-casting and machining technology, aiming to develop larger, more complex, and high-precision products [6] Group 4: Material and Cost Management - The company is negotiating with clients regarding product pricing in response to rising raw material costs [5] - The trend in the use of materials for suspension shock absorber supports is shifting towards polyurethane, although rubber still dominates the market due to established usage by most automotive manufacturers [2]
纽泰格(301229) - 纽泰格调研活动信息