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Investors Appear Satisfied With Weihai Guangtai Airport Equipment Co.,Ltd's (SZSE:002111) Prospects
Weihai Guangtai (002111.SZ): Currently, the main focus of exported products are platform vehicles, traction vehicles, shuttle vehicles, food vehicles, and power vehicles.
On July 15, 2024, Weihai Guangtai (002111.SZ) conducted an investor survey on the "future focus of company product promotion." The company responded that their export products currently focus on promoting key products such as platform vehicles, traction vehicles, shuttle vehicles, food vehicles, and power vehicles. These products have a large market space and great potential for improvement as their overseas market share is currently low. The company plans to continuously expand its product range in the future.
Weihai Guangtai (002111.SZ): The platform vehicle is one of the company's best-selling products domestically and internationally. It is expected that the annual production capacity will exceed 150 units by the end of 2024.
On July 19, Gelunhui reported that Weihai Guangtai (002111.SZ) received an investor survey on July 15, 2024 regarding the 'situation of platform vehicle products.' The company responded that platform vehicles are one of the company's best-selling products in both domestic and international markets due to high demand. It is expected that the annual production capacity by the end of 2024 will exceed 150 vehicles, and there will be a significant increase in annual production capacity of platform vehicles by the end of 2025 or early 2026.
Weihai Guangtai (002111.SZ): Currently, there are more international sales of RBOB gasoline products, but the proportion of electric products is growing rapidly.
Weihai Guangtai (002111.SZ) accepted investor inquiry on July 15, 2024 regarding the "sales of overseas electrified products and gross margin situation." The company responded that currently, there are more international sales of rbob gasoline products, but the proportion of electrified products is growing rapidly. Europe has the strongest demand for electrification, and recognition of electrified products is also increasing in Southeast Asia and other regions. It is expected that there may be substantive actions towards electrification in the second half of the year.
Weihai Guangtai Airport Equipment has achieved a total order amount of 1.06 billion yuan in the first half of the year, a year-on-year growth of 122%.
On July 15th, 2024, Weihai Guangtai Airport Equipment (002111.SZ) conducted an investor survey on the company's current business operations. The company stated that the main business of the company in the first half of 2024 maintained a good development trend, with stable income growth and a significant increase in net income, expected to be between 0.1-0.12 billion, a year-on-year increase of 72%-106%. In terms of business, the total amount of orders for airport equipment business reached 1.06 billion yuan, a year-on-year increase of 122%. Among them, international orders were 0.51 billion, a year-on-year increase of 142%, and domestic orders were 0.55 billion, a year-on-year increase of 105%.
Weihai Guangtai (002111.SZ) has included policies for equipment renewal in its report, which covers the company's airport equipment and emergency rescue equipment, to promote equipment renewal and upgrading.
On July 19th, Gelonhui reported that Weihai Guangtai (002111.SZ) expressed on the investor interaction platform that the equipment update policy includes the company's airport and emergency rescue equipment, which promotes equipment updates and upgrades and is conducive to the company's product sales growth.
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