标题：Yunyi ElectricConsolidating presence in smart power controls
发布日期：2016-02-24 9:48:08
内容： Leading domestic manufacturer of smart power controls venturinginto intelligent motors and control systems. Yunyi is primarilyengaged in the manufacturing of automotive rectifiers, regulators anddiodes. Its clientele includes local carmakers such as SAIC Roewe,Geely and Jianghuai Automobile. Meanwhile, it is also cutting into thesupply chains of mid to high-end JV brands including Dongfeng Nissanand Chang’an Ford. Yunyi has maintained a 20%-plus domestic marketshare and set up a subsidiary (52% stake) in 2013 for its foray into“intelligent automotive motors and control systems”. Intelligent motor and control system products entering trialproduction stage, and are expected to become new profitdrivers.Automotive electronics will take the lead in the race ofmanufacturing smart vehicles. Yunyi’s smart motor products mainlyinclude motors for windscreen wipers, blowers, seats, windows, etc.The Company has designed capacity of 1.1mn units of smart motorsand over 8mn sets of related core components, translating into totaloutput of Rmb400mn. With the projects entering trial production stage,we believe they will break even in 2016E and start to generate profitsfrom 2017E onwards.
发布日期：2016-02-24 9:48:08
内容： Leading domestic manufacturer of smart power controls venturinginto intelligent motors and control systems. Yunyi is primarilyengaged in the manufacturing of automotive rectifiers, regulators anddiodes. Its clientele includes local carmakers such as SAIC Roewe,Geely and Jianghuai Automobile. Meanwhile, it is also cutting into thesupply chains of mid to high-end JV brands including Dongfeng Nissanand Chang’an Ford. Yunyi has maintained a 20%-plus domestic marketshare and set up a subsidiary (52% stake) in 2013 for its foray into“intelligent automotive motors and control systems”. Intelligent motor and control system products entering trialproduction stage, and are expected to become new profitdrivers.Automotive electronics will take the lead in the race ofmanufacturing smart vehicles. Yunyi’s smart motor products mainlyinclude motors for windscreen wipers, blowers, seats, windows, etc.The Company has designed capacity of 1.1mn units of smart motorsand over 8mn sets of related core components, translating into totaloutput of Rmb400mn. With the projects entering trial production stage,we believe they will break even in 2016E and start to generate profitsfrom 2017E onwards.
