Siling Corporation (301550.SZ): has successfully developed lightweight, high sealing, low friction bearing products, as well as bearing products with intelligent chips for automatic parking and intelligent assistance driving.
Currently, the main business of SL Bearing (301550.SZ) is the research and development, manufacturing, and sales of automotive bearings. The company has successfully developed lightweight, high-sealing, low-friction bearing products as well as bearings with smart chips, suitable for automatic parking and intelligent driving assistance, to meet market demand. However, the sales proportion of such bearing products is currently small.
Siling Co., Ltd. (301550.SZ): No direct cooperation with Tesla
On May 24, Gelonghui Co., Ltd. (301550.SZ) said on the investor interactive platform that the company has no direct cooperation with Tesla. If there is significant information, the company will promptly fulfill its obligation to disclose the information in accordance with relevant regulations.
Siling Co., Ltd. (301550.SZ): Products related to robot components will be mainly aimed at global customers in the future
On May 23, 2024, Gelonghui Co., Ltd. (301550.SZ) was surveyed by specific subjects on May 22, 2024, on “Are products related to Siling robot components mainly aimed at domestic customers or foreign customers?” The company replied that the company's products related to robot parts will mainly target global customers in the future. The company will plan related robot parts sales business according to industry development and customer needs.
Siling Co., Ltd. (301550.SZ): Harmonic reducers and actuator modules are expected to reach mass production standards in Q3 this year
Gelonghui, May 23丨Siling Co., Ltd. (301550.SZ) was surveyed by a specific target on May 22, 2024, on “How is the development progress of your company's robot component products?” The company replied that the harmonic reducer is currently in the early stages of mass production preparation, and the company will work with the customer to actively advance the progress of the project. In order to improve the company's service capabilities and solve customer needs, the company simultaneously develops actuator modules. The harmonic reducer and actuator module are expected to reach mass production standards in Q3 this year, and the company will make follow-up plans based on market development and customer needs.
Siling Co., Ltd. (301550.SZ): Currently, the capacity utilization rate of Siling's plant in Thailand is around 70-80%
On May 23, 2024, Gelonghui Co., Ltd. (301550.SZ) was surveyed by a specific target on May 22, 2024, about “What is the current capacity utilization rate of Siling's plant in Thailand? After the completion of the third phase of the investment, how will it help increase production capacity?” The company replied that the current capacity utilization rate of Siling's plant in Thailand is around 70-80%. In February 2024, the second phase of Siling's Thai factory investment was put into operation. The company plans to carry out the third phase of the investment, which will mainly improve some auxiliary functions in the industrial chain, which is expected to be completed by Q2 next year. After the completion of the third phase of Siling's investment in Thailand, it will increase the company's current production
Siling Co., Ltd. (301550.SZ): The company's bearing products are mainly aimed at the aftermarket and engine market in the automotive industry
Gelonghui, May 21丨Siling Co., Ltd. (301550.SZ) said on the investor interactive platform that currently, the company's main business is R&D, manufacturing and sales of automobile bearings, and the company's bearing products are mainly aimed at the automotive industry's aftermarket and engine market. The company continues to pay attention to the development of trends in the low-altitude flight industry. If there is important business information such as a new strategic layout, it will promptly fulfill its information disclosure obligations in accordance with relevant regulations.
Siling Co., Ltd. (301550.SZ): Has established exchanges and cooperation with mainframe customers such as Foton Motors, Chery Motors, FAW-Volkswagen, and SAIC Chase
Gelonghui, May 17丨Siling Co., Ltd. (301550.SZ) was surveyed by a specific target on May 17, 2024, on “Does Siling currently have contact with customers in the console market?” The company replied that the company's end customers in the console market are mainly domestic OEMs and their tier-1 suppliers. The company has established exchanges and cooperation with mainframe customers such as Foton, Chery, FAW-Volkswagen, and SAIC Chase, and is actively directly establishing long-term and stable cooperative relationships with more automakers.
Siling Co., Ltd. (301550.SZ): Currently, non-automotive bearings account for a relatively small share of the company's business
Gelonghui, May 17丨Siling Co., Ltd. (301550.SZ) was surveyed by a specific target on May 17, 2024. “Other than the automobile and robot parts industry, does Siling have any other plans in the non-automotive industry?” The company replied that at present, non-automotive bearings account for a relatively small share of the company's business, mainly in agricultural machinery bearings and agricultural machinery bearing units. Agricultural machinery bearing products have been upgraded and iterated, gradually transitioning from agricultural machinery bearings to the use of agricultural machinery bearing units. The manufacturing process is similar to the company's existing product process. Therefore, agricultural machinery manufacturers chose Siling for early development, which is a product that the company will continue to develop and expand in the future
Siling Co., Ltd. (301550.SZ): Currently, the company's production and operation are normal and the capacity utilization rate is stable
Gelonghui, May 16 | Siling Co., Ltd. (301550.SZ) said on the investor interactive platform that the company has stable cooperation with customers and that the product models cover mainstream models around the world. Currently, the company's production and operation are normal and the capacity utilization rate is stable.
Siling Co., Ltd. (301550.SZ): The main product wheel bearing unit is suitable for both traditional fuel vehicles and new energy vehicles
Gelonghui, May 15丨Siling Co., Ltd. (301550.SZ) recently received a survey on “What are the differences in the application of your products in traditional fuel vehicles and new energy vehicles?” The company replied that the wheel bearing unit, the company's main product, is suitable for both traditional fuel vehicles and new energy vehicles, and the product structure will change due to different load requirements.
Siling Co., Ltd. (301550.SZ): The entire industrial chain process of the second phase of Siling Thailand's investment has basically been completed and is gradually entering the mass production stage
Gelonghui, May 15丨Siling Co., Ltd. (301550.SZ) recently received a survey on “What are the driving factors for Siling's future performance growth?” The company replied that in terms of the main business, the company will continue to develop the global aftermarket, maintain a steady growth rate every year, and actively promote business development in the console market; in terms of overseas layout, the entire industry chain process of the second phase of Sling Thailand's investment has basically been completed and is gradually entering the mass production stage. The company has initiated the third phase of investment to continue improving the supporting processes of the entire industry chain, and is scheduled to be completed in Q2 2024. Domestic fund-raising projects and Thai investments have been completed, and will
Siling Co., Ltd. (301550.SZ) plans to pay 4 yuan for 10 shares to be deducted from interest on May 21
Zhitong Finance App News, Siling Co., Ltd. (301550.SZ) announced that the company's 2023 equity distribution plan: 4 yuan (tax included) for every 10 shares to all shareholders. The ex-dividend date is: May 21, 2024.
Siling Co., Ltd. (301550.SZ): Robotic component products plan to cover industrial robots, collaborative robots, humanoid robots and other fields
Gelonghui, May 9 | Siling Co., Ltd. (301550.SZ) said on an interactive platform that the company's robot parts products plan to cover fields such as industrial robots, collaborative robots, and humanoid robots. At present, the harmonic speed reducer is in the early stages of mass production preparation.
Siling Co., Ltd. (301550.SZ): Currently, harmonic speed reducers are in the early stages of mass production preparation
Gelonghui, May 8 | Siling Co., Ltd. (301550.SZ) said on the interactive platform that the main engine support market is one of the important directions of the company's future development strategy. The company is actively promoting the construction of an “intelligent construction project with an annual output of 6.29 million sets of high-end automobile bearings”. Please pay attention to the company's relevant progress announcements for the specific production situation. At present, the harmonic reducer is already in the early preparation stage for mass production, and the company will work with customers to actively advance the progress of the project.
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Siling Co., Ltd. (301550.SZ): Net profit of 47.021,000 yuan in the first quarter increased 101.38% year-on-year
On April 23, Ge Longhui Co., Ltd. (301550.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was 163 million yuan, up 11.95% year on year; net profit attributable to shareholders of listed companies was 47.021 million yuan, up 101.38% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 39.005 million yuan, an increase of 78.49% year on year; basic earnings per share were 0.43 yuan.
Siling Co., Ltd. (301550.SZ) issued 2023 results with net profit of 150 million yuan, an increase of 22.16% over the previous year
According to the Zhitong Finance App, Siling Co., Ltd. (301550.SZ) released its 2023 annual report, with operating revenue of 738 million yuan, a decrease of 1.55% over the previous year. Net profit attributable to shareholders of listed companies was 150 million yuan, an increase of 22.16% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $147 million, an increase of 17.21% over the previous year. Basic earnings per share were $1.68. A cash dividend of 4.00 yuan (tax included) is distributed to all shareholders for every 10 shares, 0 bonus shares (tax included), and 0 shares are transferred to all shareholders for every 10 shares using the capital reserve fund. According to the company's strategy
Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough
Unfortunately for some shareholders, the Zhejiang Sling Automobile Bearing Co., Ltd. (SZSE:301550) share price has dived 29% in the last thirty days, prolonging recent pain. To make matters worse,
Zhongtai Securities: Humanoid robots spawn material/structural changes in precision speed reducers and are expected to become an important engine for their development
The agency estimates that if the global production of humanoid robots reaches 1 million units, it is expected to bring 20.1/95.6/5.36 billion yuan of incremental space to precision planetal/RV/harmonic speed reducers, respectively.
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