share_log

雪龙集团:多项新能源技术储备将投产 新产品助力Q3净利翻倍|直击业绩会

Xuelong Group: A number of new energy technology reserves will be put into production of new products to help double Q3 net profit | Direct impact on performance meetings

cls.cn ·  Nov 10, 2023 21:33

① The company's performance growth is due to a significant increase in sales volume of the new electronically controlled silicon oil clutch fan assembly product. ② The plastic liquid level sensor independently developed by the company has now also passed testing and verification, and will soon be put into production. ③ A number of high-efficiency low-voltage motor fan assemblies developed by the company for light trucks are currently in the production line construction stage.

Financial News Agency, November 10 (Reporter Chen Xiaoyu)As the commercial vehicle industry gradually ushered in an upward inflection point, Xuelong Group (603949.SH)'s net profit doubled in the third quarter. At the results briefing for the third quarter of 2023 held on the 10th, Zhu Feifei, director of Xuelong Group, told investors that the increase in performance was due to a sharp increase in sales of the new electronically controlled silicon oil clutch fan assembly product.

Through the company's sales data for the third quarter, it can be seen that from July to September 2023, the sales volume of the company's new product, the electronic control silicon oil clutch fan assembly, increased by about 128% year on year.

According to information, the electronically controlled silicon oil clutch fan is controlled by an ECU, and the stepless speed transmission and intelligent collaborative control of the cooling system can be realized. The defect that the temperature-controlled silicon oil clutch is controlled by ambient temperature has been improved, and the response speed and control accuracy have been improved to a certain extent.

Previously, the average value of the silicon oil clutch fan assembly for bicycles was about 200 yuan/set. After upgrading to an electronically controlled silicon oil clutch fan assembly, the average value of bicycle accessories rose to about 1,000 yuan/set, and the bicycle support value increased 4-5 times. As automobile manufacturers supplied small batches to large quantities, the new products naturally brought significant new growth points to the company.

It is worth mentioning that in the current environment where the oil and gas price difference is quite obvious, demand for heavy natural gas trucks has maintained a relatively rapid growth. In response, the company's general manager He Pinyan said that if the penetration rate of heavy natural gas trucks continues to increase, sales of electronically controlled silicon oil clutch assemblies will also soar.

As a leading domestic commercial vehicle cooling fan assembly company, the domestic market share of the company's cooling fan assembly products is about 40%, ranking first in the country for a long time. However, in the current context where new energy vehicles continue to crowd out the market share of traditional fuel vehicles, the company's original business has been impacted to a certain extent. At the performance meeting, in response to investors' questions about the company's technical reserves for new energy products, Zhu Feifei gave answers in two ways.

In terms of high-performance motor assemblies and intelligent control systems for new energy commercial vehicles, the company has developed a variety of high-efficiency low-voltage motor fan assemblies for light trucks. Trial production has now been completed and is currently in the production line construction stage. Furthermore, the company has formed a special R&D team to make technological breakthroughs in the design and manufacture of high-voltage high-power motors for new energy heavy trucks and their control systems. Such products have promising market application prospects.

In terms of lightweight components for new energy vehicles, the plastic liquid level sensor independently developed by the company has now passed testing and verification, and will soon be put into production. By replacing traditional metal sensors, plastic liquid level sensors can achieve cost reduction, weight reduction, and further improvement of the full-process manufacturing model; in addition, injection-molded expansion tanks developed for the high heat load characteristics of natural gas models can improve the product's resistance to high temperature and pressure and improve reliability; and the two-chamber expansion tank in the previously successfully developed new energy expansion tank assembly has now been recognized by international customers.

According to the company's financial report, in the third quarter of 2023, the company achieved operating income of 89.5987 million yuan, a year-on-year increase of 60.67%, and net profit of 17.930,600 yuan, a year-on-year increase of 122.58%.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment