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惠威科技(002888)新股询价报告

Huiwei Technology (002888) IPO Quotation Report

華鑫證券 ·  Jul 4, 2017 00:00  · Researches

  The company is engaged in R&D, production and sales of various types of audio equipment and speakers, and has a complete industrial chain from speaker units and speakers to various types of electroacoustic products. After nearly 20 years of development, the company has integrated electroacoustic technology with precision manufacturing technology to become a global advanced audio manufacturing company. It has the core brands “HiVi” and “HuiWei's products are mainly high-end, and the product line is rich. They are all equipped with high-quality speaker units produced by the company itself, with excellent sound quality performance. The product line covers multimedia audio, home theaters, professional audio, car audio, public broadcasting systems and speaker units.

(1) In the field of multimedia audio, according to the speaker brand share provided by the ZDC Internet Consumption Research Center (weekly attention ratio data, updated to February 23, 2017), the “Huiwei” brand ranked second with 19.61%, occupying the mainstream position in the speaker market. According to the ranking of popular speakers provided by it, there are as many as three of the company's products in the top ten products, among which the company's product M200MKIII ranked second.

(2) Relying on its own brand and R&D advantages, the company has high-quality products in many audio fields, forming a complete product line including multimedia audio, home theater audio, car audio, professional audio, public broadcasting systems, and various speaker units, covering a wide range of markets. After years of development, the company has built a marketing network that basically covers the whole country.

(3) The company is committed to acoustic analysis and realistic representation of the degree of restoration, and continuously develops new products that meet market needs. The company currently has 107 R&D personnel, including professional electroacoustic designers, speaker designers, exterior designers, structural designers, electronic circuit designers, etc. Years of industry experience have enabled these engineers to have a deep understanding of modern electroacoustics and have a unique personality and design style in product design.

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