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Guilin Fuda Co.,Ltd. (603166): Growing the crankshaft business amid the PHEV wave, New energy Fund + Siasun Robot&Automation opens a new ceiling.
Investment highlights: A leading third-party supplier of crankshafts, actively transforming and achieving growth. Guilin Fuda Co.,Ltd. was established in 1995, and its main Business includes engine crankshafts, precision forgings, gears, etc. Among these, crankshafts are the primary source of income, accounting for the main revenues in 2023.
A-shares in the Robot Concept sector have pulled back, with Zhejiang XCC Group down over 8% and Guilin Fuda Co.,Ltd. down 6.6%.
Gelonghui, February 10 | Previously rising Robot Concept stocks collectively adjusted, among which, Zhejiang XCC Group fell sharply by over 8%, Guilin Fuda Co.,Ltd. dropped by 6.6%, Ningbo Tuopu Group, Shanghai Moons'Electric, and ChaoDa Equipment fell by over 5%, while companies like Efort, Leader Harmonious Drive Systems, Zhejiang Sanhua Intelligent Controls, Fengli Intelligent, and Greatoo Intelligent Equipment Inc. also declined.
Fuda Co., Ltd.: Fuda Co., Ltd.\'s 2024 performance pre-increase announcement
Fuda Co., Ltd. 2024 Annual Results Pre-Increase Announcement
Express News | Guilin Fuda Co.,Ltd.: It is expected that the net income for 2024 will be between 0.17 billion yuan and 0.19 billion yuan.
Guilin Fuda Co., Ltd. (603166.SH): plans to invest in the construction of the "annual new 0.05 million tons high-precision forging project."
Gelonghui, January 17 – Guilin Fuda Co.,Ltd. (603166.SH) announced that currently, the domestic and international auto markets are experiencing explosive growth, with hybrid (including range-extended) vehicle market share significantly increasing and showing strong growth. As major automotive manufacturers continue to expand their product lines, the demand for high-quality crankshaft forgings has surged sharply. Meanwhile, the production capacity of New energy Fund crankshafts at Guilin Fuda Co.,Ltd. has reached saturation, and the construction of the "Intelligent Manufacturing Project for New Energy Vehicle Hybrid Crankshafts" has been initiated, with various production lines set to be launched successively by the end of May 2025. Against this backdrop, the wholly-owned subsidiary of the company, Guilin Fuda Heavy Industry Forging Co., Ltd. (abbreviated...