Four major trends in the development of parts products
High-end - double high-end products and markets
From the independent brand to the joint venture brand, and then to the international well-known brand to explore the market supporting strategy, is many independent parts enterprises to achieve high-end products, enterprises from weak to strong development route. In the first half of this year, many listed auto parts companies have realized the replacement of new products for imports and the matching of joint venture brands and foreign brands. For example, Xingyu shares have obtained a number of development tasks such as Audi headlights and Volkswagen LED headlights; In the field of warp knitted fabrics, Hongda High-tech started cooperation with Mercedes-Benz brand car manufacturers, and implemented the development strategy in the high-end passenger car import substitution market.
Integration - from a single product to a collection of products
In order to enhance competitiveness and anti-risk ability, most listed auto parts companies choose to cooperate with associated enterprises to develop, from providing a single product to providing a system solution that integrates hardware and software, which is more prominent in the field of power systems and automotive electronics. Based on the D series high-end diesel engine and new energy strategy, Yunnei Power carries out cooperation with Suzhou Green Control and Coron Company to provide customers with diesel hybrid powertrain system. Apac is actively developing highly integrated technologies for active electronic safety control systems and advanced Intelligent Driver assistance systems (ADAS). Through a number of overseas acquisitions, Joyson Electronics has become an overall supplier of intelligent human-computer interaction systems and high-end interior products.
Lightweight - material research and development priority
Lightweight high-strength steel and aluminum alloy have been promoted and applied in the automotive field, and new materials such as carbon fiber and plant fiber are also the research and development focus of parts enterprises. In the first half of the year, APAC accelerated the continuous supply of aluminum for automotive powertrain and body to meet the development needs of the current lightweight automotive industry; The high-strength material lightweight steel ring developed by Risang Group is widely used in the field of new energy vehicles; Traditional interior parts supplier Ningbo Huaxiang increased its investment in natural fiber and carbon fiber projects; Colbenschmidt Aluminum Technology Co., LTD., a subsidiary of Huanyu Automobile, also carries out cast aluminum lightweight business in Germany, supporting high-end engine aluminum alloy cylinder blocks of several European brands.
Industrialization - project landing new product incubation
The product structure of auto parts enterprises relies on product optimization and upgrading, and the smooth industrialization of new projects and new products can ensure that enterprises have strong profitability and risk response ability. In the first half of this year, Dongan Power products fully entered the M series era, to achieve the replacement of the old platform products and the transformation of customer structure, its electric vehicle reducer, the new T18R new transmission is also smoothly matched mass production, corporate profits to achieve growth. Listed for more than a year, Del Shares have promoted the industrialization of a number of projects through fundraising, including electro-hydraulic pumps, EPS motors, transmission pumps, etc., and are developing new products such as electric vacuum pumps, high-voltage hydraulic hydraulic pumps, and hydraulic retarders, which have become new profit growth points for enterprises.
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