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Xiangyang Changyuandonggu Industry (603950): New energy hybrid project volume surges, performance inflection point emerges.
The company's core focus is on the research and development, production, and sales of automotive engine components. Its main customers for commercial vehicles are Foton Cummins, Dongfeng Cummins, Dongfeng Commercial Vehicle, Guangxi Yuchai, etc., while the main customers for new energy vehicles are BYD, Chongqing Sokon Industry Group Stock, etc. All of the customers.
Xiangyang Changyuandonggu industry (603950.SH): In the third quarter of 2024, BYD project sold a total of 0.2897 million pieces of cylinder block and cylinder head.
On November 12, xiangyang changyuandonggu industry (603950.SH) stated at the performance briefing that the growth of the company's third-quarter revenue was mainly benefited from the steady increase in sales of new energy hybrid cylinder blocks and cylinder heads. Specifically: in the third quarter of 2024, the company's BYD project sold a total of 0.2897 million cylinder blocks and cylinder heads, while the chongqing sokon project sold a total of 0.054 million cylinder blocks and cylinder heads. In the future, the company will continue to actively collaborate with customers, deepen cooperation, increase the market share of the company's products, and continuously enhance the company's competitiveness.
Changyuan Donggu: Report of Xiangyang Changyuan Donggu Industrial Co., Ltd. for the third quarter of 2024
Report for the third quarter of 2024 of Xiangyang Changyuan Donggu Industrial Co., Ltd.
It is expected that relevant national authorities will establish a low-altitude economic regulatory bureau.
①The establishment decision has been approved, and the new bureau is currently in preparation; ② The low-altitude economy set up a dedicated bureau, which can better coordinate resources at all levels to promote industrial development.
Xiangyang Changyuandonggu Industry (603950.SH): The main products sold to Chongqing Sokon Industry Group Stock are the H15RT model and the HG15T model.
Gelonghui October 10th | Xiangyang Changyuandonggu Industry (603950.SH) stated at the performance briefing that the company's sales of cylinder blocks and cylinder heads to BYD are mainly for the 472 and 476 models, while the products sold to Chongqing Sokon are mainly for the H15RT and HG15T models. The cylinder block and cylinder head products supplied to customers are core engine components that can be widely used in customers' hybrid vehicle models. For example, the BYD models can be applied to the Qin, Han, and Song models, and the Sokon models can be applied to the Wanjie M7, M9, and other models. For specific terminal compatible models, please refer to the official information from the customers.
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