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Guangdong Hongtu: Report for the third quarter of 2024
Guangdong Hongtu Technology Chairman Resigns
guangdong hongtu technology (002101.SZ): Currently, the super large die-casting units that have been invested include one 6800T unit and two 7000T units.
Guangdong Hongtu Technology (002101.SZ) accepted a specific survey on September 25, 2024, about the number of large die-casting machines and their different tonnages. The company stated that the currently deployed super large die-casting units include one unit of 6800T, two units of 7000T, and one unit each of 12000T and 16000T.
Guangdong Hongtu Technology (002101.SZ): The gross margin level of the integrated large press is at a high level in the newly accepted die-casting orders.
Guangdong Hongtu Technology (002101.SZ) accepted a specific research interview on September 25, 2024, regarding the current status of the economic situation of integrated die-casting. What is the current situation of the yield rate, cycle time, and gross margin level of the large integrated die-casting machines? The company stated that with the gradual increase in the application of integrated die-casting on vehicle models, the economic feasibility of integrated die-casting is gradually being demonstrated at the OEM level, driving the application of more vehicle models and the development of integrated die-casting products. In terms of cycle time, the company is continuously optimizing and shortening from 120 seconds for the large die-casting machines; The yield rate is continuously optimized upwards from 90%.
guangdong hongtu technology (002101.SZ): The current increment mainly comes from domestic independent brands such as Xiaopeng and other leading electric vehicle companies.
Guangdong Hongtu (002101.SZ) accepted a specific object survey on September 25, 2024, regarding 'From the perspective of orders, how will the future production capacity mainly be absorbed by which customers?' The company stated that the selection of the current investment base is mainly based on customer orders and that factory construction is cautious. Production capacity will be scheduled according to customer order timelines, and overall orders are all being undertaken. The current increase mainly comes from domestic independent brands such as Xiaopeng and another leading electric vehicle company.
Guangdong Hongtu Technology (002101.SZ): Tianjin Hongtu is expected to be completed and put into production within this year, with an annual output value of approximately 0.5 billion after reaching full production in the future.
Guangdong Hongtu Technology (002101.SZ) accepted a specific investigation on September 25, 2024, regarding "Please introduce the production value of these new planning bases?" The company stated that the production value of Guangzhou Hongtu is expected to be 0.3-0.4 billion; tianjin Hongtu is expected to start production within the year, with a future annual production value of around 0.5 billion after reaching full production; the second phase planning in wuhan is expected to have an annual production value of 0.5-0.6 billion after reaching full production, and the second phase of Jinli is expected to have an annual production value of approximately 0.7 billion. The production capacity of the above new expansion projects is fully utilized, and the entire die-casting revenue can reach over 6 billion yuan.
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