Under the background of market shock, Sichuan Chuanhuan Technology Co.Ltd(300547) recent stock price also showed a downward trend. However, Sichuan Chuanhuan Technology Co.Ltd(300547) chairman Wen Qichao is still full of confidence in the company’s future business development prospects.
“In 2021, China Shanxi Guoxin Energy Corporation Limited(600617) auto sales reached 3521000, with a year-on-year increase of 1.6 times, ranking first in the world for seven consecutive years. The new energy vehicle market has broad prospects, and the related new energy vehicle pipeline market also has good development prospects and predictable growth space.” Wen Qichao said in an interview with reporters that compared with traditional fuel vehicles, the pipeline system of new energy vehicles is more complex, more integrated and the materials used are more environmentally friendly. At the same time, some pipeline systems are still essential, such as braking system, air conditioning system, sunroof system and body accessory system. Therefore, the pipeline used by new energy vehicles has increased to a great extent. In terms of single vehicle value, the pipeline value used by most new energy vehicles is about 2-3 times that of traditional fuel vehicles. “In terms of the value of a single car, it can generally reach about 800 yuan, and the high can reach more than 1000 yuan. Hybrid vehicles have two sets of fuel and electric systems at the same time, and their pipelines are used more.”
Wen Qichao told reporters that Sichuan Chuanhuan Technology Co.Ltd(300547) will strive to increase the sales proportion of new energy vehicle related products in the future, especially the volume of new energy vehicles such as GAC AIAN, Byd Company Limited(002594) , Jinkang, Wuling, Geely and Nezha, which will bring new performance growth points to the company. At the same time, the company has passed the system audit of ideal vehicle and is developing the pipeline of a certain model synchronously.
Sichuan Chuanhuan Technology Co.Ltd(300547) is mainly engaged in the R & D, design, manufacturing and sales of rubber and plastic hoses and assemblies for automobiles and motorcycles. At present, it has established a mature and stable system with its own international well-known brands, its own sales network, its own R & D, design and manufacturing production base.
Further, the company’s main products cover automobile fuel system hose and assembly, automobile cooling system hose and assembly, automobile accessories, braking system hose and assembly, automobile multi-layer composite nylon hose, automobile turbocharging pipeline assembly, automobile vacuum brake pipeline assembly, automobile skylight drainage pipeline, automobile molding pipeline assembly Nine series of motorcycle rubber hose and assembly, and related products meet the national six automobile emission standards. The company is one of the large-scale professional automobile rubber hose suppliers in China, and it is also one of the main suppliers of motorcycle rubber hose series products in China.
“The company has always been the leader in the motorcycle pipeline market, with further expansion of market share and further improvement of product sales of relevant motorcycle customers. The sales price of motorcycle pipeline is not limited to the price fluctuation of raw materials, and it follows the market.” Facing the rising cost pressure caused by the rising price of raw materials, Wen Qichao said that the company will continue to carry out cost reduction and efficiency improvement by strengthening the control of various procurement costs, combined with the company’s experience accumulated in the industry, and carry out energy conservation and consumption reduction by continuously promoting fine production and technological transformation. In addition, the company has increased the efforts to change the original outsourcing parts into self-produced ones, such as some plastic joints, O-rings, sealing rings, etc., so as to reduce the intermediate links and procurement costs, reflect the advantages of assembly, and meet the assembly requirements of customers. Through various measures, in order to minimize the cost rise caused by the rise in the prices of raw materials and energy.
“We are full of confidence in the development of the new energy vehicle industry. The company will also strive to further expand the new energy vehicle pipeline market, increase investment, provide good services for customers and try every means to meet customer needs. At the same time, the company also has the ability and sufficient capacity to ensure the completion of the order production task of the main engine factory and realize mass production.” Wen Qichao stressed.
