2024.0410

Number of words in this article:1327, reading time is about 2 minutes

introduction：方洪波与李斌同框、一起拍摄短视频，并表示希望今后每一辆蔚来汽车上都有美的在安庆生产的汽车零部件。

** Author| ** First Finance Wang Zhen

On April 10, Midea (000333.SZ) signed a strategic cooperation agreement with the Weiling auto parts Anqing factory in the United States. Fang Hongbo, chairman and president of Midea, and Li Bin, founder, chairman and CEO of Xilai Automobile, both from Anqing, Anhui Province, returned to their hometown Anqing on the same day to "platform" for this cooperation. Fang Hongbo shot a short video with Li Bin in the same frame, and expressed the hope that there would be beautiful auto parts produced in Anqing on every Lulai car in the future. According to the agreement, the two sides will carry out extensive cooperation in the areas of new energy automobile parts, automated production, digital construction, low-carbon sustainable park and intelligent logistics. The two sides will deepen cooperation in the field of auto parts and the research and development of new technologies, including, but not limited to, air conditioning compressors, electric drives, thermal management integration, car refrigerators and other products. In addition, in the industrial field, the two sides will cooperate in the fields of industrial robot ontology, automotive and general industrial automation solutions, overall motion control solutions, digital management systems, intelligent logistics, and so on. Improve the level of intelligent manufacturing in the new energy vehicle industry. Fang Hongbo expressed the hope that the two sides can cooperate in research and development to break through the technical difficulties of new energy vehicles. Li Bin said that Midea's layout in automobiles is very deep, and together with Midea, it can optimize the technical route planning of new energy vehicles and break through the existing fixed-point model of auto parts.

On the same day, Midea's Weiling automobile parts "new generation 900V round wire stator" went offline. Midea revealed in his 2023 annual report that last year, eight product lines of its three major systems, namely, thermal management, electric drive system and chassis execution system, were mass-produced and delivered, and the shipment volume in 2023 reached 750000 units, an increase of 400% over the same period last year. In 2023, more than 20 new customer designated cooperation projects have been added, and the compressor products have covered the whole range of models of many mainstream automobile companies. At the same time, it has won the first customer designated cooperation project of thermal management integrated module, and the order output value is expected to exceed 300 million yuan. Looking forward to 2024, Midea said that this year, he will speed up the establishment of the "quality, cost and delivery" capability of the new energy auto parts business to meet customer needs, so as to achieve an all-round improvement in customers, products and manufacturing capacity. Open up more key customers at home and abroad, and focus on the industry-leading customers of new energy vehicles, and increase the market coverage and market share of various thermal management products for different models, so as to ensure the rapid growth of sales revenue, at the same time, expand the product and business layout for overseas markets. Two years ago, the new energy auto parts base of Midea's Anqing Weiling Auto parts Co., Ltd. laid the foundation in Anqing, Anhui Province in February 2022. The total investment of the project is about 11 billion yuan, mainly producing power steering motor, new energy vehicle electric compressor, new energy vehicle drive motor and other products, to create thermal management, main drive, auxiliary / intelligent driving three system R & D centers and national laboratories. It is estimated that after the completion of the project, the annual production capacity will be 60 million sets, and the annual output value will be 40 billion yuan. Under the circumstances that the growth rate of the home appliance market is slowing down, Fang Hongbo said again at the 2024 annual meeting of Midea's operation and management that Midea resolutely promotes product upgrading, business model upgrading, and industrial upgrading, while giving consideration to the development of ToC business and ToB business. New Energy is one of Midea's ToB businesses. Fang Hongbo said at Midea's shareholders' meeting last year that the company's new energy auto parts and energy storage business "is an industry with huge room for development in the foreseeable future." The replacement of electric vehicles for fuel-fueled vehicles is an once-in-a-century change. However, now the new energy vehicle industry is in a fierce price war. Zhong Zheng, vice president of Midea, CFO, and chief financial officer, said at the Midea shareholders' meeting last year that the growth rate of Weiling auto parts business in 2022 was five times that of the previous year, but due to the long R & D cycle, it was still in a state of loss in 2022, and subsequent profits would gradually improve. Profits will be achieved after reaching a certain volume, and revenue is expected to increase greatly in the next few years. Midea rose 0.2% to 65.17 yuan per share on April 10. **