On May 24th, Yuefeng Forging said that in the future, Yuefeng Forging will adhere to the development goal of "scale", take forging auto parts as the core business, technology research and development and product innovation as the driving force, rely on forging technology advantages, actively develop and layout forging parts in the application of new energy vehicles, participate in the forging parts development of the new energy vehicle platform of the vehicle factory. Firmly grasp the development opportunities brought by expanding the application range of forgings for energy-saving and new energy vehicles.
It is highly recognized by many international customers
Yuefeng Forging Company is mainly engaged in the research and development, production and sales of automobile forging parts. The main products of the company are automotive forging parts, which are used in automotive power system, transmission system, steering system and suspension support system with high mechanical and safety requirements. At present, the company's main customers Schaeffler, ZF, Magna, Bosch, Linama, etc., are listed on the Global auto parts Supplier list in 2022, among which Bosch, ZF and Magna are ranked in the top five. In this process, the company's high pressure common rail products as the national torch plan industrialization demonstration project, was rated as high-tech products and Anhui industry, and has become the main supplier of Bosch high pressure common rail products.
On the whole, the business model of the company is mature. After years of deep cultivation, the company has accumulated profound technical experience and formed a good market reputation. In terms of production capacity, product types, product quality and other aspects, the company has been widely recognized by ZF, Schaeffler and other international auto parts groups. At the same time, the company continues to focus on the research and development of forging technology and process, the products are widely used in the global automobile brands, with a high market degree and industry recognition, is representative of the industry. In the aspect of vehicle products, the company's products have been widely used in Benz, BMW, Audi, Land Rover, Volkswagen, Tesla, BYD, Honda, SAIC, FAW, Beijing Automobile, Guangzhou Automobile, Xiaopeng, Ideal and Nextev and other domestic and foreign automobile enterprises produced a variety of models.
Business performance continued to grow rapidly
The chairman and general manager of Yuefeng Forging said that in the future, the company will adhere to the development goal of "scale", take forging auto parts as the core business, technology research and development and product innovation as the driving force, build an international brand of auto parts, and create greater value for customers, employees and society. At the same time, honest and trustworthy, standardized operation, with sustainable and healthy development performance to return the support of the majority of investors and the community.
At the same time, since its establishment, Yuefeng Forging has undertaken a number of research and development work of the National Ministry of Science and Technology, Anhui Provincial Department of Science and Technology and other departments, and has strong competitive advantages in scientific and technological innovation, new technology research and development. By December 31, 2022, Sanlian Forging has obtained 1 overseas invention patent and 114 domestic patents in total, including 12 domestic invention patents and 102 domestic utility models. The company has been identified as specialized fine and special new "little giant" enterprise, executive director of China Forging Association (unit), member of China Internal Combustion Engine Industry Association, Anhui Province "specialized fine and special new" small and medium-sized enterprises, Anhui Province enterprise technology Center, 2022 Anhui American brand demonstration enterprise.
Yue Feng forging said that the company raised funds investment project scale and the company's existing production and operation scale, financial situation, technical level and management ability to adapt to the investment project has a good market prospects and profitability, the company can effectively use the raised funds, improve the company's operating efficiency. In addition, relying on the advantages of technology research and development, quality management and other aspects, the company has established long-term stable cooperative relations with many global auto parts suppliers. The recognition of the global large auto parts suppliers, on the one hand reflects the company's products in technology, quality and other aspects of the nature, on the other hand also for the company in the field of auto forgings to establish a higher brand degree, on the basis of consolidating the existing customer market, can further develop new customers. These stable customers can not only ensure that the company has continuous orders, but also increase the types of purchased products, for the fund raised after the completion of the investment project to provide protection for the production capacity digestion.
In addition, Yuefeng Forging also said that with the continuous improvement of energy saving and new energy vehicle industry related technologies, energy saving and new energy vehicles show accelerated popularity of development. Relying on its own forging technology advantages, the company has sufficient technical reserves in aluminum alloy forgings and hollow forgings, and participates in the development of the new energy vehicle platform organized by a number of vehicle manufacturers, and will firmly grasp the development opportunities brought by the expansion of the application range of energy saving and new energy vehicles forgings.
