On the afternoon of November 2, Yoshioka Precision, a company to be listed on the selected layer, conducted a pre-IPO roadshow, and the following are some of the main issues that everyone is concerned about.
1. Tesla
Netizens asked: Has the products provided by the company for Tesla been determined? Yoshioka Precision Chairman and General Manager Zhou Yan: Hello! CONFIRMED! About 30% of the company's operating income comes from the sale of auto parts, and has successfully entered the Tesla supply chain system, the company and Wandu Brose jointly developed motor structural parts products will be applied to Tesla model 3 and model y models, the end of this year began production.
The company's products are not single, the company's products are divided into three major blocks, one is automotive parts, as well as home appliance parts, as well as power tools parts. There are about 400 to 500 kinds of product models; follow-up will focus on expanding new energy vehicles.
Driven by the policy of energy saving and emission reduction and vigorously promoting new energy vehicles, the market demand for aluminum alloy metal parts will usher in rapid growth, and well-known brands including Tesla will continue to introduce large-tonnage die casting machines to enhance the overall volume of integrated die castings, so as to produce overall rigid, stable and more accurate body structural parts.
According to the forecast of the International Aluminum Association, the amount of aluminum used in passenger cars in China will reach 242.2 kg in 2030, with a compound annual growth rate of 5.77%, and aluminum alloy auto parts manufacturers with strong research and development capabilities will further benefit. About 30% of the company's operating income comes from the sale of auto parts, and successfully entered the Tesla supply chain system, and the motor structural parts products jointly developed with customers in 2021 have passed the testing stage and will be applied to tesla model 3 and model y models.
2. Ningde era
Netizen question: Does the company cooperate with Ningde? Yoshioka Precision Chairman and General Manager Zhou Yan: Hello! Relying on the company's continuous investment in research and development and the accumulation of many years of industry experience, enhancing its core competitiveness, and constantly opening up new markets and new customers, in 2020, Yantai subsidiary entered the supply chain system of the Ningde era through the supply of Yantai Conglin, and the battery connectors produced by it have been used in the battery base plate of the Ningde era.
In 2020, it will enter the supply chain system of the CATL era and become a first-class supplier of BorgWarner. The core technology of steam heater products has entered the prototype modification stage of Xiaomi products.
In July this year, Yoshioka Precision issued an announcement to invest 310 million yuan to expand the production and processing project of new energy auto parts and molds.
On July 27 this year, Yoshioka Precision issued an announcement that in order to enhance the company's business capabilities and consolidate and enhance the company's comprehensive competitiveness, the company intends to use the newly acquired land to invest in the expansion of "new energy vehicle parts, steam generators for cleaning electrical appliances, 5G communication accessories, precision mechanical parts and mold production and processing projects", with a total investment of 310 million yuan. The purpose of this foreign investment: This foreign investment is a comprehensive consideration of the company based on its current business needs and future development strategy, which will be conducive to the expansion of the company's business, improve the company's comprehensive competitiveness, create greater value for shareholders, and promote the company's long-term sustainable development.
On May 6, 2021, Wuxi Jigang Precision Technology Co., Ltd. bid for 1 industrial land in Wuxi at the reserve price, which was sold for 400,000 yuan / mu. No. 2021-24 plot of Tin Land (Gong) is located in shixin road east and rongqiang road north of Tang Street, northeast of Xishan District, industrial land, transfer period of 50 years, the total land area of transfer is 21649.00 square meters, and the construction land area is 21649.00 square meters.
However, I personally have a lot of doubts, this project is still not engaged? Is it in conflict with the investment project: the intelligent transformation project of the production line with an annual output of 29 million precision mechanical parts? Are they both at the same time? I didn't participate in today's roadshow because of something, and netizens didn't ask this question. Did you know? What do you think? Please understand that the person replying in the comments section below.