格隆汇 December 2nd | Zhejiang XCC Group (603667.SH) announced that the company has noticed that investors have a relatively high level of interest in the company's screw products on the Shanghai e Interactive platform. The company has responded to relevant issues on the Shanghai e Interactive platform to facilitate investors' more comprehensive understanding of the situation. The company now clarifies the specific situation as follows:
1. The company's screw products are new products developed by the company based on bearing products. Currently, the company's screw products include trapezoidal screws (sliding screws), ball screw pairs, and planetary roller screws. From 2024 to date, the cumulative invoiced revenue of the company's screw products is approximately 6.8 million yuan (including automotive screw products), accounting for 0.22% of the company's full-year revenue in 2023. It is a very small proportion and does not have any impact on the company's performance!
2. Currently, the company mainly supplies screw products as a secondary supplier to the Hangzhou company (with a small amount supplied through other channels), and the company cannot yet determine the downstream customers of the Hangzhou company. As of now, the proportion of screw products sold to the Hangzhou company in the company's revenue is very small and does not have any impact on the company's performance!
The above-mentioned screw product market is still in its early stages, and currently, the orders have a minimal impact on the company's performance. Moreover, there are many uncertainties in downstream market demand. In the future, investors should be cautious of investment risks.