In the survey, Huichuan Technology said that PLC, as the most important product in the field of automation, is expected to maintain rapid growth next year, and believe that the next 2-3 years will usher in the acceleration of PLC localization. In terms of elevator business, the company believes that this year, due to the dual impact of the epidemic and real estate, the business pressure is greater. Looking forward to next year, the policy has a certain support for the elevator business next year, the company itself is expected to achieve a certain growth, the growth of the driving force comes from the growth of overseas elevator business. In terms of the industrial robot business, the business situation in 2022 was better, with sales orders achieving more than 50% growth. Looking ahead to 2023, the company expects the industrial robot sector as a whole to grow faster than the industrial automation business.

According to Huichuan Technology, the overall demand of the industrial control industry in the first half of this year is better, and the trend of localization is further improved throughout the year. In order to ensure supply chain security, more and more customers will choose competitive domestic suppliers. The company started from the early inverter products, to the later PLC+ servo, and then to DDR/DDL motors, pneumatic products and other new products. The company has seized the structural market in lithium, photovoltaic, wind power, semiconductor, automotive equipment and other industries. In these industries, the company still maintains rapid growth in sales of related products. In addition, the introduction of medium and large PLC products with typical processes into high-end applications in downstream fields such as photovoltaic, mobile phones, printing, and packaging also brings new growth opportunities to the company.

PLC, as the company’s most important product in the field of automation, is expected to maintain rapid growth next year, at the same time, I believe that the next 2-3 years will usher in the acceleration of PLC localization. From the perspective of the industry level of PLC expansion, PLC is growing rapidly in the fields of photovoltaic, 3C, printing, packaging and other process characteristics. In the past, the company’s PLC products were weak, and the high-end application field was dominated by foreign brands. Now the company has made up the short board of PLC product performance, in the past year and a half, through the PLC cut into the high-end industry application scenario, and truly realized the comprehensive solution coverage of

PCI-6503

“PLC+ servo + industrial robot + other (direct drive, bus, etc.)”, thus bringing the rapid growth of PLC.

Elevator business, this year by the double impact of the epidemic and real estate, business pressure is greater. Looking forward to next year, at present, the state has gradually introduced the policy of financing relief for the real estate industry, from the perspective of policy support, there is certain support for the elevator business next year. From the perspective of the company’s elevator division planning, the elevator industry is expected to recover from the decline to the flat situation next year, the company itself is expected to achieve a certain growth, the driving force of growth comes from the growth of overseas elevator business; The improvement of the overall solution for the sales of multinational enterprises; Growth of the post-service market fostered by digital solutions. The company expects to hedge against the decline of the industry itself in these areas and strive to achieve slight growth.

In terms of new energy vehicle business, 1) the quantity and quality of new fixed points this year are relatively good. From the perspective of the covered customer base, target customer groups such as new forces, domestic traditional car companies, and overseas car companies are involved, especially in the field of domestic traditional Class A car companies and overseas car companies, the number of fixed points has increased rapidly. In addition, from the point of view of fixed-point products are also diversified, including electronic control, assembly, power supply, motor and other products;

2) The brand of the company in the new energy automobile industry has been promoted rapidly. Especially in the overseas market, the brand of United Power has been recognized by mainstream customers, and this year, it has gained a number of new points on overseas car customers. 3) From the perspective of orders, the customer structure has been optimized, changing the situation of relying on a single group of new power customers in the past. This year, the orders of traditional car enterprises such as GAC and Chery began to increase, forming a better support for income.

In terms of the industrial robot business, the business situation in 2022 was better, with sales orders achieving more than 50% growth. From the perspective of the types of industrial robots sold, although SCARA is still the main one, it is also vigorously expanding the products and applications of six-axis robots. The gross profit margin of the company’s industrial robots has also maintained a good level, thanks to the high self-production rate of core components, industry collaboration, and with the application and continuous optimization of downstream process points, the quality of the company’s industrial robots has been greatly improved. In general, although the scale of the company’s industrial robot business is still relatively small, it will be a better sub-business in the future, whether it is single business development or other business development of the company will be better.