Commercial vehicle transmission leader. The company specializes in the production and sales of commercial vehicle transmissions. It mainly provides support for domestic large and medium-sized commercial automobile manufacturers such as Beiqi Foton, Dongfeng Automobile, Chengdu Trump, Ziyang Nanjun and so on. At present, it has formed an annual output of approximately 300,000 commercial vehicle transmissions. . Since its establishment in 2003, the company has been in the commercial vehicle transmission market after rapid development in recent years.
Dongfeng Motor's 4.98+0.051.01% Wanliyang 0.00+0.000.00% established an outstanding market position. According to statistics from the China Geareducer Association, China National Association of Machinery Parts & Components Industry, the company's commercial vehicle transmission production and marketing scale ranks third in the country.
Mainly in the low-end products, the Chinese card transmission market share first. The company's current products are manual transmissions, and are mainly targeted at the low-end market. Automatic transmission products are still under development. The company's current products are mainly for light trucks and medium-sized cards. In 2009, the company sold 109,788 light truck transmissions and 257,966 medium-cassette transmissions. The sales of heavy-duty trucks with higher technological content and added value were only 1,611 units. In 2009, the company’s market share in the field of light truck transmissions was 7.04%, and the company’s share in the transmission market of the Chinese card was as high as 71.75%, which was the absolute leader. However, from the actual situation, according to the company's research, about 50% of the company's existing mid-range transmissions are installed on light trucks by some downstream vehicle manufacturers. The actual market share of the company in the Chinese card transmission market is about 35%, and the actual share of the light truck transmission market is about 13%.
The cyclical nature of the industry is relatively obvious, and there is limited room for growth in the China Card market. The company's products are currently supporting light trucks and mid-size cards. In the future, they will vigorously expand into the heavy truck and passenger car markets. However, these areas are all part of the commercial vehicle market. They have typical properties of investment products. The industry's economy is greatly affected by the macro economy, and its periodicity is obvious. . Judging from the current situation, as the country has introduced a very stringent policy of real estate control, the growth rate of fixed asset investment in China will face some downward pressure in the coming period of time, and the growth of the company’s performance may also be affected. In addition, the area in which the company has the most competitive advantage is the China Card Market, but the growth potential of this market segment may be relatively limited. In terms of long-distance transportation, China Card is not as economical as a heavy truck; in terms of short-distance transportation, China Card has no flexibility for light trucks.
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