Research Express | Guansheng Co., Ltd. received over 30 institutional surveys including Huaxia Fund; solid-liquid hybrid battery project is under debugging

Log in to Sina Finance APP and search for [Information Disclosure] to see more evaluation levels

Basic Investigation Overview

Wenzhou Guansheng Auto Parts Group Co., Ltd. (hereinafter referred to as “Guansheng Co.”) recently hosted multiple institutional investor research through roadshows. The research activities spanned from March 4, 2026, to March 26, 2026, conducted in Shanghai, Chengdu, Chongqing, Wuhan, and Beijing. Participating institutions included well-known organizations such as Huaxia Fund, Guolian Fund, Bodao Fund, Zhuque Fund, Huatai Securities, and some individual investors. The company’s board secretary Ding Beibei and investor relations manager Liu Chang participated in the meetings, engaging in in-depth discussions with investors on core issues such as the solid-liquid hybrid battery project, robotics component business, overseas market expansion, and main business growth.

Key Points of the Research Analysis

Solid-Liquid Hybrid Battery Project: Equipment Debugging, Positioning as Second Growth Curve

Regarding investor concerns about the progress of the solid-liquid hybrid battery project, the company stated that the Guansheng Dongchi solid-liquid hybrid battery project equipment was installed in December 2025 and is currently in the equipment debugging and process verification stage. The project received formal approval for financing in the first half of 2025, setting a new low in financing interest rates for similar projects within the company.
The company emphasized that the solid-liquid hybrid battery project is an important part of its “dual-wheel drive” strategy, which will synergize with the automotive aftermarket business, focusing on R&D and mass production of high-performance solutions in the solid-state battery field. However, the mass production line for this project has not yet officially gone online; specific progress is subject to the company’s public disclosures.

In terms of application scenarios, the company pointed out that solid-liquid hybrid batteries can be widely used in industrial and commercial energy storage, residential energy storage, communication base stations, and extend to power scenarios such as electric ships, electric large/mid-sized buses, etc., with significant market potential.

Robotics Components Business: Team Building in Progress, Not Yet in Mass Production

Regarding the robotics components business team, the company introduced that the Shanghai Ji Ai Si Robotics team is still being assembled and is expected to further expand personnel in 2026. Technologically, the integrated intelligent bionic joint arm product has advantages such as low cost, reduced inertia, and increased end-load capacity.
However, it should be noted that currently, this product has no orders and has not generated operating income, and there is still a long way to go before mass production. The company stated that if future disclosures meet the standards, it will strictly fulfill its disclosure obligations.

Overseas Market Response: 40 Years of Deep Cultivation to Build Risk Resistance

Regarding uncertainties in the overseas market, the company said it has been deeply engaged in the automotive aftermarket for over 40 years. The aftermarket is a necessity market, with a sales network covering more than 120 countries and regions worldwide. Fluctuations in a single region will not cause significant impact. The company will continue to optimize the global market distribution, strengthen supply chain resilience through measures such as improving global warehousing infrastructure, signing long-term supply contracts, and establishing supply chain risk warning mechanisms. Additionally, the company has raw material futures management and foreign exchange management teams to hedge against risks related to raw material prices and exchange rate fluctuations.

Main Business Growth Focus: Brand, Product Categories, and Global Channel Optimization

The company’s future main business growth will focus on four directions: first, deepening core markets, expanding in regions with large aftermarket potential such as North America, and increasing the proportion of self-owned brand (OBM) business; second, deploying in emerging markets like Africa and Asia-Pacific to capitalize on growth in vehicle ownership and used car inflows, boosting maintenance demand; third, promoting strategic product categories with light-asset operations, empowering suppliers, and optimizing global warehousing networks to support one-stop procurement for customers; fourth, focusing on high-value-added projects in the original equipment market, collaborating with OEMs on technological iteration, balancing scale and profitability quality.

Risk Reminder

The company reminds investors that all related information should be based on the official disclosures on the Shanghai Stock Exchange website and statutory disclosure media. The descriptions of development strategies, R&D expectations, etc., in this research do not constitute substantive commitments. Please invest rationally and be aware of risks.

Disclaimer: The market carries risks; investments should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. All information in this article is for reference only and does not constitute personal investment advice. Please refer to official announcements for any discrepancies. If you have questions, contact biz@staff.sina.com.cn.

Click to view the original announcement>>

Massive information, precise interpretation, all on Sina Finance APP

Editor: Xiao Lang Kuaibao