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Returns On Capital At Zhejiang Sling Automobile Bearing (SZSE:301550) Have Hit The Brakes
Siling Co., Ltd. (301550.SZ): Currently, there is no business cooperation with Yushu Technology.
On December 26, Gelonghui reported that Slin Corporation (301550.SZ) stated on the investor interaction platform that the company has not yet entered into any Business cooperation with Yushu Technology, and in the future, the company will actively promote communication and cooperation with domestic and foreign clients. If there is any significant information, the company will fulfill its disclosure obligations in a timely manner according to relevant regulations.
Siling Co., Ltd. (301550.SZ): The products are mainly sold to the mid-to-high-end aftermarket, primarily to independent brand vendors and large terminal chains.
On December 18, Gelonghui reported that Slin Corporation (301550.SZ) recently stated during an investor relations event that the Auto Parts market can be categorized based on the end user into the aftermarket and the original equipment market. The company's products are mainly sold to the mid-to-high-end aftermarket, primarily to independent brand merchants and large terminal chains; the end customers in the original equipment market are mainly domestic manufacturers and their first-level suppliers.
Siling Co., Ltd. (301550.SZ): Currently, the Siling Thai factory has obtained the origin certificate recognized by USA customs, and can supply most of the North American Business.
On December 18, Gelonghui reported that Siling Co., Ltd. (301550.SZ) recently stated in its investor relations activities that the Siling Thailand factory mainly researches, manufactures, and sells Car Rim Bearings, Car Rim Bearing Units, Tapered Bearings, Clutches, Tensioners, and Idler Bearings, among other product series, targeting customers in Southeast Asia, Europe, North America, and other Global markets. The Siling Thailand factory has currently obtained a Certificate of Origin recognized by the USA Customs, enabling supply for most of the North American Business. Due to customer requirements and company planning needs, some North American Business is still supplied from domestic factories.
Siling Co., Ltd. (301550.SZ): Currently, the company's mainframe market business accounts for about 10%.
On December 18, Gelonghui reported that Slin Group (301550.SZ) recently stated during an investor relations activity that the current market share of the company's main engines is about 10%. The main engine market is one of the important directions for the company's future Global Strategy, and the company has been actively expanding quality projects. Once the "Annual production project of 6.29 million sets of high-end Autos Bearing intelligent construction project" is completed, it is expected to add an annual production capacity of 6.29 million sets of high-end Autos Bearings, which will help the company expand the production capacity of high-end Asia Vets products, further enrich the product structure, and improve the overall Operation capability of the company, to compete for projects in the main engine market.
Zhejiang Sling Automobile Bearing Co., Ltd.'s (SZSE:301550) Shares Climb 35% But Its Business Is Yet to Catch Up
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