Some parts performance announcement Weichai Power is the boss

In the first half of 2017, the production and sales of automobiles were 13,525,800 vehicles and 13,333,900 vehicles, an increase of 4.64% and 3.81% year-on-year. Despite the slowdown in sales growth in the vehicle market, the auto parts market still has a lot of outstanding performance in the first half of the year. On the one hand, many international mergers and acquisitions cases involving auto parts companies in China have once again attracted global attention. On the other hand, The supporting capacity of domestic parts and components companies in the international market has improved, and professional parts and components companies in the subdivided areas have performed outstandingly. The listed companies of auto parts, such as Weichai Power , Fulin Precision, and Precision Forging Technology, announced their first-half performance forecast, showing a significant increase in performance.
Weichai Power, semi-annual report of auto parts companies Weichai Power, semi-annual report of auto parts companies

Weichai Power

Net profit: 2.42 billion yuan to 2.69 billion yuan

Year-on-year growth: 125%~150%

Explanation: Weichai Power made a revision to its performance in the first half of the year. It was originally expected (in the first quarterly report 2017) that the net profit growth in the first half of the year would be 70% to 100%, but from the current point of view, it is far better. For this prediction. As a major member of the engine business in the field of commercial vehicles and construction machinery, the market performance of Weichai Power is the same as the overall trend of the industry. Weichai Power's main products all have good sales performance in the first half of the year.

Fulin Precision

Net profit: 201 million to 224 million yuan

Year-on-year growth: 80%~100%

Explanation: Fulin Precision Co., Ltd. adheres to the strategy of gradually developing from the independent brand to the joint venture brand and the internationally-renowned brand matching market. Its valve tappets, valve rocker arms, VVT, automatic tensioner, oil nozzle, and precision machinery parts have been supplied to domestic and foreign companies. Home engine business. In the first half of the year, Fulin Precision Technology incorporated Hunan Shenghua Science and Technology Co., Ltd. into the scope of the consolidated statements. Meanwhile, sales of VVT and other products continued to increase to promote performance.

Precision Forging Technology

Net profit: RMB 123 million to RMB 128 million

Year-on-year growth: 32.99%~38.39%

Description: Products such as automobile differential gear half shaft gears and planetary gears produced by Precision Forging Technology, and automobile transmission gears and other gears have been recognized by domestic and foreign vehicle manufacturers and powertrain suppliers, and have entered GKN, MAGNA, and VW. GM, GETRAG, AAM, DANA and John Deere are waiting for the company's global procurement system. In the first half of the year, precision forging technology was faced with rising costs of materials, management, transportation, etc., and still ensured a steady increase in product sales, and the net profit could be continuously increased.

FAW Fuwei

Net profit: 292.6664 million yuan

Year-on-year growth: 66.86%

Note: FAW Fuwei products include automobile interior and exterior decoration, automotive electronics and wheels, etc. In the first half of the year, changes were made in the production and sales of complete vehicle customers, as well as changes and enhancements to the supporting vehicle models, changes in the equity of Fuwei Daotuo and Fuwei Gaoxin, and dividends of FAW Finance Co., Ltd. in advance. Affected by such factors, the net profit in the first half of the year increased significantly compared with the same period of last year.

Zhejiang Xiantong

Net profit: 95.118 million yuan to 101.4592 million yuan

Year-on-year growth: 50%~60%

Description: Zhejiang Xiantong Rubber & Plastic Co., Ltd. is a newly-listed company. It mainly produces seals and metal rolled products. Customers used its own brands for a long time and recently expanded domestic joint venture brands. The proportion of sales of products with high technical difficulty and high gross profit margin is also increasing.

Yunyi Electric

Net profit: 7402.36 million yuan to 86.36 million yuan

Year-on-year growth: 20% ~ 40%

Description: Yunyi Electric is a leading manufacturer of automotive rectifiers and regulators in China. In the first half of the year, the sales structure of Yunyi Electric's intelligent power controllers for vehicles was continuously optimized, and smart motor control system products and high-power automotive diodes generated new sales revenue. In the procurement, manufacturing and other aspects, Yunyi Electric has a significant cost control effect and its performance has shown a growth trend.

AOL Electronics

Net profit: 29.35 million yuan to 30.35 million yuan

YoY growth: 14.82%~18.73%

Description: The main products of Nanjing Aulink Automotive Electronics Co., Ltd. include electronic accelerator pedal assembly, shift controller, low temperature starting device, electronic throttle, electromagnetic solenoid and urea heating tube. At the same time, it also involves part of the body control components, including automotive air conditioning controllers, automotive door and window controllers. At the end of last year, listed funds were raised for the "annual production of 3 million sets of electronic accelerator pedal assembly automated production line construction project", "annual output of 1 million sets of shift controller automatic production line construction project", "an annual output of 500,000 sets of EU IV and above "Low-emission engine electronic throttle automatic production line construction project" and "R & D center expansion project", these are the key to promote the continuous growth of the company's performance.

Suo Sensing

Net profit: 480.00 million yuan to 57.8 million yuan

Year-on-year increase: 7.97%~30.01%

Description: Suo Sensing is a high-tech enterprise focusing on the development and production of automotive oil level sensors. Through years of good external cooperation, Suo Sensing has not only become an international mainstream automotive parts company (such as BOSCH, DELPHI). The supplier is also a partner of many OEM OEMs. Jaguar Land Rover and General Motors' global platform project laid the foundation for Suo to sense the industrial layout at home and abroad.

New coordinates

Net profit: 40.56 million yuan to 44.83 million yuan

Year-on-year growth: 90%~110%

Description: Hangzhou New Coordinate Technology Co., Ltd. specializes in the research and development and production of cold forging and precision forming technology. It provides valve lock clamps, valve spring seats, hydraulic taps and roller rocker arms, and diesel engine mechanical tappets for many well-known automobile plants. Putting and other products. In the first half of the year, the operating income of new coordinate increased by approximately 88% compared with the same period of last year, and the operating income of precision cold forgings of valve transmission group increased by approximately 312% over the same period of last year.

Peng Yu shares

Net profit: 64.5 million yuan to 67.5 million yuan

Year-on-year growth: 3.60% to 8.41%

Note: Peng Yu shares its main business for the design, research, development, production and sales of automotive fluid piping. “Cost priority” is the company’s main business ideas, which will help improve profits. Since last year, Pengyi has developed cooling pipe projects for the North and South Volkswagen MQB platform models and SUVs, air-conditioning tube projects for FAW Cars, and nylon tube projects for customers such as Zhongtai Automobile, all of which have achieved mass production. Turbocharger projects of customers such as BYD Auto, JAC and Jiangling Automotive have successfully entered small-volume production.

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