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Zongshen Power (001696.SZ): Dongguan Lithium Smart has now achieved small-batch sales of sodium ion energy storage products
Gelonghui May 11 丨 Zongshen Power (001696.SZ) held a performance briefing on May 9, 2024 to discuss “Does the subsidiary Dongguan Lithium Smart involve lithium batteries and sodium-ion batteries and other battery businesses?” The company replied that Dongguan Lithium Intelligence is actively exploring new battery technology routes, making battery capacity and liquid cooling technology the focus of product upgrading and development. At the same time, sodium-ion battery products have been deployed, and sodium-ion energy storage products have now been sold in small quantities.
Zongshen Power (001696.SZ): Zongshen Hangfa mainly provides powertrain equipment for aerial vehicles such as industrial-grade drones (rotors, fixed-wing) and general aviation aircraft
Gelonghui May 11 丨 Zongshen Power (001696.SZ) held a performance briefing on May 9, 2024 to discuss “What is your company's layout for the low-altitude economy?” The company replied that Zongshen Hangfa, a holding subsidiary of the company, mainly provides powertrain equipment for aerial vehicles such as industrial-grade drones (rotors, fixed-wing) and general aviation aircraft. It has now completed R&D, finalization and mass production of various aerodynamic products. Test flight tests have been carried out on various military and civilian drones and general aviation aircraft, and the domestic and foreign market layout has basically been formed.
Zongshen Power (001696.SZ): Currently, aero engine products are mainly aero-piston engines below 200HP
Gelonghui, May 11, 丨 Zongshen Power (001696.SZ) held a performance briefing on May 9, 2024 to discuss “Are your 200HP aero-piston engines and propeller products generating revenue and what are the performance prospects? What are the specific companies that are customers?” The company replied that Zongshen Hangfa, a holding subsidiary of the company, is an innovative enterprise dedicated to the design, development, manufacturing, sales and after-sales of small and medium-sized aero engines, and mainly provides power system solutions for general aviation aircraft and unmanned aerial vehicles. Currently, aero engine products mainly use aero-piston engines below 200HP
Zongshen Power (001696.SZ): New high-end parts plant for new energy vehicles and Zongshen Hangfa's new plant expansion project already have partial commissioning capacity
Gelonghui, May 11, 丨 Zongshen Power (001696.SZ) held a performance briefing on May 9, 2024 to discuss “When will the NEV parts factory and aero engine expansion project be put into operation, and what is the planned production capacity?” The company replied that the company's new NEV high-end parts plant and the holding subsidiary Zongshenhangfa's new plant expansion project have partial commissioning capacity and will all be put into use in the first half of 2024; high-end NEV parts have an annual production capacity of 20,000 tons of aluminum alloy castings and 20 million aluminum alloy parts. Zongshen Aviation Development Company's new plant expansion project
Zongshen Power (001696.SZ): Zongshen Hangfa has not established branches or conducted business in the US
Gelonghui, May 7 | Zongshen Power (001696.SZ) said on the investor interactive platform that Zongshen Hangfa has not set up branches or business in the US, and that Zongshenhangfa's product supply chain is autonomous and controllable, and has achieved localization. Zong Shen Hangfa's current operating and financial situation is normal, and all businesses are progressing in an orderly manner.
Zongshen Power (001696.SZ): Zongshen Hangfa's new plant expansion project is scheduled to be put into use in the first half of this year
Gelonghui, May 7 | Zongshen Power (001696.SZ) said on the investor interactive platform that the company's holding subsidiary Zongshenhangfa's new plant expansion project is scheduled to be put into use in the first half of this year. The specific production and subsequent expansion plans will be determined according to market demand.
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