It is understood that the main products of Yingweiteng Industrial Automation include frequency converters, servo systems, motors, controllers, human-machine interfaces, sensors, elevator drive systems, industrial internet, and other products. Among them, the company’s low-voltage frequency converters are widely used in various application fields; Medium voltage frequency converters are applied to equipment such as mining machines, continuous mining machines, shuttle cars, conveyors, hoists, winches, etc. in the mining industry; High voltage frequency converters are suitable for energy-saving speed regulation and process improvement of high-voltage asynchronous and synchronous motors; Industry specific aircraft are designed with specialized structures and functions tailored to the characteristics of various industries, providing solutions for industries such as air compressors, photovoltaic water pumps, construction, ports, mines, HVAC, emergency power supplies, elevators, etc; The servo system includes general and specialized servo systems, electronic control systems, servo motors, etc., which can meet the applications of various industrial environments and critical systems; Controller products include PLC and HMI, providing customers with efficient, accurate, reliable, and convenient industrial control products and solutions.
Yingweiteng stated that the company’s frequency converters mainly include low, medium, and high voltage frequency converters, with a relatively large proportion being low voltage frequency converters, accounting for about 80%. The total proportion of medium and high voltage frequency converters is about 20%. In recent years, high voltage frequency converters have been in good demand in the project-based market and their performance has maintained growth.
Yingweiteng has been expanding its new energy vehicle business since 2014, focusing on providing new energy vehicle powertrain solutions to global customers. Its main products include new energy vehicle motor controllers, auxiliary controllers, DC/DC converters, motors, on-board chargers, ground charging stations/chargers, and overall solutions. Through technological and structural innovation, the company promotes the integrated development of its products, gradually expanding from a single electronic control, power supply, and motor product to drive assemblies, high-voltage box assemblies, and further expanding to “four in one” and “five in one” products, continuously improving the level of integration.
The company’s new energy vehicle product application models include medium and heavy trucks, light trucks, micro trucks, passenger cars, specialized vehicles, and engineering machinery, and the application solutions cover various new energy vehicle models such as pure electric, hybrid, hydrogen fuel, and establish long-term cooperative relationships with enterprises such as Dongfeng, Geely, Great Wall, Jinlong, Sany, Yutong, and FAW. Overall, the company’s commercial vehicle market share is among the top domestic brands, and passenger vehicle projects have received bulk orders. In terms of products, the company has launched an IFL hybrid multi in one controller for hybrid passenger car models, which is the first 4-speed DHT integrated controller in China. Currently, it is equipped with the Dongfeng Haohan model.
When it comes to the development measures for the new energy vehicle business, Yingweiteng stated that it will continue to invest in research and development, continuously building technology and cost competitiveness; In terms of operations, we will focus on resources, explore new and old customer designated projects, and promote both domestic and foreign efforts. While maintaining stable project delivery, we will continue to accelerate the landing of new orders.
Yingweiteng stated that the company will continue to make up for its business shortcomings, introduce high-end talents, empower existing personnel, stimulate organizational vitality, and accumulate experience; Continuously improving the delivery and quality of the supply chain; Seize market opportunities, leverage the development and policy momentum of new energy vehicles, photovoltaic, and energy storage industries, and actively expand marketing channels; Continuously iterate product technology, implement diversified strategies to control costs, and continuously improve profitability.