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通达电气(603390)新股询价报告

Tongda Electric (603390) IPO inquiry report

華鑫證券 ·  Nov 5, 2019 16:00  · Researches

Company profile

The company is a high-tech enterprise specializing in the R & D, production and sales of vehicle intelligent terminal integrated information management system and supporting automotive electrical products. The company mainly provides bus manufacturers with on-board intelligent system series products, bus multimedia information release system series products, vehicle components series products, new energy vehicle motor and thermal management system series products, etc., committed to becoming one of the most competitive enterprises in the field of vehicle electricity in China. After more than 20 years of development and technology accumulation, the company has continuously enriched its product range and expanded its production scale, and has become the main supplier of electrical products for domestic mainstream bus manufacturers. At present, the company has established long-term and stable cooperative relations with many domestic bus manufacturers, such as BYD, Zhengzhou Yutong, Xiamen Jinlong, ZTO Express bus, Ankai bus and so on. the company's products have covered most of the provincial capitals and the country's major first-tier and second-tier cities.

The highlight of the company

(1) the company's customers are mainly bus manufacturers, such as BYD, Zhengzhou Yutong, Xiamen Jinlong, ZTO Express bus, Ankai bus and so on. The company has established a long-term and stable cooperative relationship with most of its customers. The top ten customers of the company are all well-known enterprises of domestic bus manufacturers. Through years of good cooperation, we have highly recognized the company's product quality, delivery speed and after-sales service, and established a long-term and stable cooperative relationship with the company. Compared with its competitors, the good relationship between the company and bus manufacturers enables the company to keep abreast of the development trend of the industry and to keep pace with the times in the research and development of its products. it has laid a solid foundation for the company to continue to make a stable profit, consolidate market share and promote innovative products.

(2) after more than 20 years of development, the company has become a high-tech enterprise engaged in the research, development, production and sales of vehicle intelligent terminal integrated information management system and supporting automotive electrical products. The company's main products are around the independent development of intelligent public transport integrated information management system, gradually developed into four series of products: vehicle intelligent system series products, bus multimedia information release system series products, vehicle parts series products, new energy vehicle motor and thermal management system series products, each series of products can be divided into many types of subdivided products. The company has the advantage of deep integration of industrialization and information technology.

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