Wenzhou Yihua Connector Co., Ltd.
意华股份
002897
Shenzhen Stock Exchange
Company Profile
1、First mover advantages of high-speed communication connector products CZT takes communication connector as the core, consumption of Electrical connector as an important component, and automotive and other connectors as an extension as its development strategy at this stage, On the premise of continuously consolidating the traditional (low-speed) communication connector market, actively carry out the research and development, production, and marketing management of high-speed communication connector products, After long-term preparation and development, we are currently in a leading position in the industry and have the first mover advantage in high-speed communication connector products.CZT's advantageous products in the field of high-speed communication connectors are represented by SFP, SFP+ optoelectronic connectors. The company conducted planning and layout and build team earlier. Given that 5G has basic characteristics such as large bandwidth, high speed, low latency, and ultra-high traffic density, Therefore, for products with specific size requirements, it is a comprehensive reflection of product structure design ability, mold development ability, precision manufacturing ability, and product inspection and verification ability. 2、Long term high-quality customers and stable and sustained customer partnerships Since its establishment, CZT has established a business strategy of cooperating with major customers, After nearly 30 years development, the company has accumulated a large number of high-quality customer resources and established good customer cooperation relationships, It constitutes an important component of the company's core competitiveness. 3、Advanced industry technology and efficient R&D system CZT has always adhered to the technological development strategy of simultaneous innovation of product development and manufacturing technology, and constantly strengthened independent innovation, Yihua Group has obtained a total of 28 invention patents (including 1 overseas invention patent), 550 utility model patents, 14 appearance model patents, and 17 software copyright patents. In the development process of new products, the company establishes a linkage development mechanism with suppliers and customers, grasp market dynamics and customer specific needs on time, achieve positive interaction between product development and the market, and flexibly and effectively meet customer personalized needs for different products. 4、The advantage of independent development of precision molds ensures rapid response to customer needs Mold development technology is one of the core technologies for the research and production of precision electronic components, and also one of the core competitiveness on which the company relies for survival and development. The company's mold development process can be divided into three stages: mold design, mold parts processing, and assembly testing, all of which demonstrate strong competitive advantages in terms of technology and organizational models.
Full description
CZT‘s main business is connector business and solar bracket business. （一）connector business The company is a high-tech enterprise that focuses on the research and development, production, and sales of connectors and their components mainly for communication. The main products are connector products in the fields of data communication and consumer electronics. With the ability to independently develop precision molds, advanced production platforms, international standard quality management capabilities, efficient product research and development and supply systems, and good comprehensive management capabilities, Gradually growing into a leading enterprise with influence in the domestic and international industries, and establishing an efficient, professional, and high-quality corporate image among domestic and international customers. The company takes communication connector as the core, consumption of Electrical connector as an important component, and automotive and other connectors as an extension as its development strategy at this stage, In the field of traditional RJ communication connectors, With mature product development and production experience, excellent product quality and supply capabilities, the company ranks among the top in the domestic industry in terms of comprehensive strength; In the field of high-speed communication connectors, the company grasps the industry's development opportunities, Focusing on the R&D and manufacturing of 5G, 6G and Optical communication modules, The 5G SFP and SFP+ series products with complete independent intellectual property rights have been successfully developed and passed various performance tests of key customers. The technology research and development capability and Lean manufacturing level are in the leading position in the industry, High speed communication connectors represented by SFP series and Optical interconnect products, as basic components in 5G, FTTx (optical fiber access), cloud computing, data center, etc., will usher in greater growth space and development prospects with the development of downstream industries and technologies; Meanwhile, with the accumulated customer resources and technological advantages in the field of communication connectors, CZT continues to strengthen the expansion and improvement of consumer Electrical connector products, and carries out strategic layout in the field of automotive electronic products and intelligent terminal Consumer electronics, further expanding the company's product line, extending the product application scope and application scenarios. （二）Solar bracket business The wholly-owned subsidiary of the company, Yueqing Yihua New Energy Technology Co., Ltd., mainly engages in the manufacturing and sales of core components for photovoltaic tracking brackets. With the global Energy crisis and increasingly serious environmental pollution, accelerating the development and utilization of new and renewable energy has become the common consensus of all countries in the world. Among them, solar energy has become one of the fastest growing renewable energy sources in the world due to its significant advantages such as cleanliness, safety, inexhaustibility, and so on. Driven by the "carbon neutrality" goals of multiple countries, clean energy transformation, and green recovery, the photovoltaic industry has entered a stage of rapid development. As a professional manufacturer of solar tracking brackets, Yihua New Energy has long term commitment to the research and development, production, and sales of core components for photovoltaic brackets, We have gained good customer reputation in the international market and achieved sustained and stable growth in shipment volume, Its key customer is NEXTracker, a leading global manufacturer in the field of photovoltaic systems, ranking first in the field of photovoltaic tracking brackets. Yihua New Energy, as an important supplier of its solar tracking brackets, has established a stable cooperative relationship with it. And through its Tianjin subsidiary, it will expand its business in the domestic market. With the continuous expansion of the international and domestic markets, it is gradually growing into an influential enterprise in the industry.