Stock code: 300328 Stock abbreviation: Yi'an Technology
Dongguan Yi'an Technology Co., Ltd. Investor Relations Activity Record Form
Number: 202202-001
Investor Relations Activities Category
?Specific object research ?Media interview ?Press conference ?Site visit
?Analyst meeting ?Performance briefing ?Roadshow vOthers :Teleconference
Participating unit name and personnel name
Guosen Securities Research Institute Hu Jian, Li Zipeng Founder Securities Research Institute Wang Yu
China Pacific Insurance Wang Jing Hongta Red Earth Fund Yang Xingfeng Far East Horizon Fund Wang Kun
Chinese Business Fund Lv Chunyu
Bosera Fund Wang Yuanzheng
time
25 February 2022 16:00-17:00 28 February 2022 16:00-17:00
Place --
Listed company receptionist name
Mr. Liu Chong, Secretary of the Board of Directors, Mr. Zeng Chaohui, Sales Director
Investor Relations Activities
Main content introduction
1. Mr. Zeng Chaohui, sales director, introduced the company's large-scale precision die-casting applications
The company is one of the earliest companies in the world to deploy large-scale aluminum and magnesium alloy die-casting equipment. Since its establishment in 1993, it has accumulated nearly 30 years of technology in the precision die-casting industry. The company and its subsidiaries have 4200T, 3500T, 2700T and 1600T and other large-scale vacuum die-casting equipment, and the company has purchased 6100T large-scale die-casting equipment, which can meet the production needs of large-scale precision die-casting integrated products of different specifications.
The company vigorously develops large-scale precision die-casting, which is in line with the national sustainable development and green development strategy. With the increasing pressure on energy conservation and emission reduction in various countries in the world, countries have formulated strict standards and regulations on the fuel consumption of passenger vehicles, and put forward more and more strict requirements on the fuel consumption of passenger vehicles and the corresponding CO2 emissions. , the world's major car manufacturers are trying to reduce the body weight to reduce fuel consumption without compromising performance and safety. Especially since the outbreak of the new energy vehicle market, major new energy vehicle manufacturers have done everything possible to increase the cruising range, and the lightweight of the car is one of the important means to increase the cruising range. In terms of reducing the weight of automobiles, in addition to the application of new materials, the manufacturing process of automobile parts has also begun to play an increasingly important role. one of the important directions.
The company's large-scale die-casting is to integrally form multiple traditional components through large-scale precision die-casting at one time. While reducing the subsequent processing steps, the requirements of product weight reduction and shock absorption are achieved. By combining the company's leading magnesium and aluminum alloy material technology with advanced integrated die-casting technology, the company has developed new energy vehicle motors, electronic controls, battery packs, instrument panel brackets, central control systems, transmission systems, car doors, etc. The product has achieved overall integrated application, and has become a qualified supplier of auto parts for many auto manufacturers.
The company has a complete industrial chain integrating material research and development, precision mold development, precision die casting, CNC finishing, and surface treatment, and can provide customers with one-stop services and optimal solutions.
2. Mr. Liu Chong, Secretary of the Board of Directors, introduced the development and application of the company's liquid metal products
Liquid metal, also known as amorphous alloy, is a combination of glass, metal, solid and liquid properties.
of new metal materials. Due to the absence of defects such as dislocations, stacking faults, and grain boundaries, amorphous alloys exhibit special mechanical properties, and their flexural strength, tensile strength, and elastic deformation are superior to those of commonly used materials. Due to the excellent physical and chemical properties of liquid metal materials and a wide range of application scenarios, liquid metal is gradually being used in consumer electronics, new energy vehicle products, medical equipment, etc., and has begun to be used in intelligent manufacturing, high-end sports equipment, musical instruments and aerospace Shows broad application prospects.
In addition to the above-mentioned excellent material properties, the processing characteristics of liquid metal are also better than those of traditional processing methods.
The company began to focus on liquid metal research and development and industrialization more than 10 years ago. It has independent intellectual property rights in liquid metal components, forming technology and equipment, and has the largest zirconium-based liquid metal production line in China. The liquid metal products produced by the company have been It has been applied in batches in folding screen mobile phone hinge structural parts, mobile phone optical brackets, car door locks, acoustics and other products. The company is also the only company in the world that uses liquid metal in the automotive industry, and the company's liquid metal locks are exclusively supplied to Tesla. In recent years, the company has seized the favorable market opportunities and actively deployed the folding screen mobile phone hinge market. The zirconium-based liquid metal folding screen mobile phone hinge structure can meet the requirements of the strength and precision of the hinge supporting the folding screen mobile phone under the condition of small thickness. At the same time, due to the excellent elastic deformation ability of liquid metal itself, the fatigue performance of the product is much better than that of other materials. It has more advantages in terms of degree and aesthetics.
In addition to in-depth cooperation with mobile phone brands in hinge structural parts, the company has also entered into in-depth exploration of medical equipment, robot gear washer fasteners, smart watches, golf heads and other products.
3. Interactive communication (1) What products does the company's overall integrated die casting have, and what are the specific cooperative customers?
A: The company is currently implementing overall integrated applications in new energy vehicle motors, electronic controls, battery packs, instrument panels, steering systems, and car doors. At present, it has cooperated with many well-known international and domestic vehicle manufacturers such as Tesla, BYD, Geely, Great Wall, and GM.
And it has also entered the supply chain of many well-known automotive TIER1 such as Harman, Faurecia, Continental, Bosch and so on.
(2) The proportion of the company's auto products? What kind of materials are mainly used, and the impact of rising raw material prices on the company?
Answer: The company's automobile products account for more than 50% of its main revenue, and most of the raw materials for lightweight automobile production are magnesium alloys. As the price of raw materials rises, the company will also adjust prices to customers in a timely manner.
(3) What is the production of Yunhai in Yi’an, Chaohu Lake and the second phase of production? Are there any plans to expand production in the future?
A: The second phase of Chaohu Yian Yunhai has been put into operation one after another. At present, the company's production capacity has been greatly improved. The previous customers have begun to increase the volume one after another. In the follow-up, machines and equipment will be gradually increased according to customer needs.
(4) What are the main products of the company's 6100T die-casting machine, and what are the customer groups it serves?
Answer: The company's 6100T die-casting machine mainly produces large structural parts for new energy vehicles, such as motors, electronic controls, battery pack casings, instrument panel brackets, central control systems, and transmission systems. The future service customers are also mainly new energy vehicle manufacturers.
(5) What are the company's Liquid Metal competitors and profit margins?
A: At present, the liquid metal market has not yet formed a completely competitive pattern, and there are very few companies that can achieve industrialized production. This is why the company has been constantly looking for and cultivating partners. It is difficult to enter the supply chain of well-known companies with only one supplier. We hope to find and support partners to jointly expand the liquid metal market. The profit margin is also different for different products, but as the production process matures and the yield increases, even if the customer's price is adjusted, a good profit can still be maintained.
(6) How much benefit can liquid metal bring to the company in the future?
Answer: As a new type of material, liquid metal has excellent properties and can be applied in a wide range. And with the continuous increase of liquid metal application products and the existing production
With the breakthrough of product application, future sales will also show an upward trend.
(7) The prospect of the company's liquid metal in the hinge of folding screen mobile phones?
Answer: The folding screen mobile phone is the development direction of the future mobile phone, and it is also a relatively large innovative change in mobile phones. further increase. The excellent performance of liquid metal itself fully meets the requirements of hinge structural parts for thickness, strength and precision, and liquid metal will have good application prospects in hinge structural parts.
List of accessories (if any) None
