Yunyi Electric (300304) issued a notice on September 9, 2021, saying: Qiu Changwei of Guojin Securities, Zhang Zhe Yuan, Vermilion Bird Fund Guo Tao, Huang Hao and Huan Yi invested Li Haili to investigate our company on September 9, 2021, which was conducted by Zheng Xianwei, secretary of the board of directors. Chen Xi, the securities affairs representative, is in charge of receiving the survey.

The main contents of this survey are as follows:
The company discussed and communicated with researchers on the following aspects: Q: what are the company's main business and main products? A: since its inception, the company has been committed to the research and development, production and sales of automotive intelligent core electronic products, the main business is automotive intelligent power controller, intelligent motor and control system, new energy vehicle motor and control system and other automotive intelligent core electronic products R & D, production and sales, the main products include automotive rectifiers, regulators and automotive high-power diodes and other automotive electronic products. As the core component of the engine power system, the intelligent power controller can not only protect and warn the whole vehicle power system, but also communicate with ECU in two-way real-time. Due to the harsh application environment of the products, it involves many technical fields, such as material and mechanics, semiconductor technology, electronic circuit integration technology, mold design and so on. The company relies on its own research and development and technical advantages. Always maintain a leading position in the industry. Q: what are the main drivers of a company's performance growth? A: the company continues to focus on the main business, actively adapt to market demand, constantly adjust and optimize product structure, make full use of existing resources and platforms, focus and dig deep into strategic customer demand, gain more market share, and speed up import substitution. At the same time, the company actively develops new products, new markets, continuous R & D investment, and the enrichment and expansion of the company's product line, which has taken a solid step for the company to further achieve new sales revenue. Q: does the general "lack of core" of automobile companies in the automobile industry have an impact on the company's business? A: the company's core raw material IC chip reserve can still meet the current production demand. Considering the widespread shortage of chip supply in the current industry, on the one hand, the company has lengthened the preparation cycle and increased the material reserve, on the other hand, the substitute material reserved by the company has passed the reliability verification of the end customer. It is replaceable, which can solve the chip shortage in extreme cases and ensure the continuity of production. The production and operation of the company will not be greatly affected. Q: what are the main new energy vehicle products of the company?, How is the business going? A: at present, the company is mainly engaged in the R & D, production and sales of new energy vehicle drive system through its subsidiary Jiangsu Yunyi Drive system Co., Ltd. at present, the main products are new energy vehicle drive motor, motor controller and so on. related products have been put into production and achieved small batch orders, accounting for a small proportion of the company's main products, the company will be combined with the actual strategic development goals in the future. Continuously improve the market development of new energy vehicle products, open up related technologies and industrial development paths, and further increase the proportion of new energy vehicle related products. Q: how is the business of the company's intelligent wiper system? What are the product advantages? A: Jiangsu Yunrui Automotive Electrical system Co., Ltd., a subsidiary of the company, is mainly engaged in the production and sales of intelligent wiper motors and control systems. the sales income of intelligent wiper system products reached 2, 7.1424 million yuan in the first half of 2021, an increase of 39.31% over the same period last year. Related products have entered the supply system of Chang'an, BYD and other car factories, and the company has advanced independent design and development capabilities in China. The products have the advantages of leading technology, reliable quality and high performance-to-price ratio. Q: is there any price increase for the company's products? Answer: the company's related products are priced comprehensively according to raw material prices, labor costs, market environment and other factors, and timely adjust the sales price according to the market situation. Q: does the company's new Zhengxin products involve IGBT? how is the business going? A: Zhengxin is currently in the early stage of its establishment, and the company is actively promoting the development of related business, and the products are not related to IGBT for the time being. Q: the company's products pass the customer certification cycle? A: the verification cycle of automotive electronics-related products is long, which generally takes one to three years. After passing the customer authentication for the first time, the company is usually able to establish a long-term and stable cooperative relationship with the customer. Q: what is the production capacity of the company's automotive high-power diodes? What is the proportion of self-financing and export at present? What are the competitive advantages of the product? A: according to the current order situation, the company's monthly output of automotive high-power diodes is about 12 million, the production capacity is fully utilized, and the proportion of self-use and export is about 50% respectively., The products have the advantages of leading technology, reliable quality and high performance-to-price ratio. Q: what are the main customers of the company? A: the company insists on taking the market demand as the orientation and the customer as the center. While continuing to strengthen cooperation with domestic independent brands, the company actively develops the market of medium-and high-end joint ventures and foreign brands. In the main engine supporting market, the company supplies vehicle rectifier and regulator products to automobile manufacturers, vehicle powertrain manufacturers and first-class matching automobile generator manufacturing enterprises. and with SAIC GM, Changan Automobile, Chery Automobile, Jiangling Automobile and other well-known automobile manufacturers to establish a stable supporting relationship. In the after-sales service market, the company has established mature and stable cooperative relations with a number of large high-end after-sales generator manufacturers and dealers, mainly supplying the maintenance system of medium and high-end cars such as Mercedes-Benz, BMW, Audi, Buick and so on. in the market to create a good brand image, formed a wide range of brand influence. Q: what is the company's future development strategy? A: at present, the company is the leading enterprise of automotive intelligent power controller in China, always adhering to the main industry as the core development, committed to the research and development, production and sales of automotive intelligent core electronic products, and market demand-oriented. In the future, the company will continue to consolidate and improve the market share of existing main products, strive to open up domestic and foreign markets, and speed up the process of import substitution. Improve the efficiency of operation and management, reasonably control costs, provide customers with quality products and services, and enhance the company's core competitiveness in the field of automotive intelligent power controller. While adhering to professional development, the company will always adhere to independent innovation, independent research and development, continuous R & D investment, constantly enrich the product line, speed up the industrial layout, and form a diversified product structure with automotive intelligent power controller as the core. Diversified product structure of common development of a variety of automotive electronic products, and strive to become a globally competitive large-scale supplier in China's automotive electronics industry.

Yunyi Electric main business: licensed business project: none. General business projects: production of auto parts, power electronic components, automotive electronic devices, automotive instruments, integrated circuits, sales of self-produced products, software development, sales, mold research and development, manufacturing, sales, technical consulting services, own house rental. To operate and act as an agent for the import and export of all kinds of commodities and technologies (except those restricted or prohibited by the state).

According to the 2021 report of Yunyi Electric, the company's main income was 499 million yuan, up 46.62% from the same period last year; the net profit from its parent was 148 million yuan, up 136.09% from the same period last year; the non-net profit was 66.63 million yuan, up 141.15% from the same period last year; the debt ratio was 22.33%; the investment income was 60.3818 million yuan; the financial expenses were 4.8484 million yuan, and the gross profit margin was 35.56%.