Songz Automobile Air Conditioning Co. Ltd. (002454) recently released its 2021 annual report. During the reporting period, the company achieved an operating revenue of 4123694228.02 yuan, with a year-on-year increase of 21.86%. The net profit attributable to the shareholders of the listed company was 112575571.29 yuan, with a year-on-year decrease of 54.41%.
Vehicle air conditioners developed steadily, and the proportion of revenue from new energy products rose to 23%
In terms of thermal management business of large and medium-sized passenger cars, in 2021, the company seized the opportunities of the start of energy storage industry, the development of new energy vehicle industry and the trend of heavy truck electrification, stabilized the basic business, and actively explored new businesses and markets.
In the field of battery thermal management business of energy storage power station, the company has launched the first water-cooled unit and passed UL certification, and some customers have entered the stage of mass production. Furthermore, the company will continue to comprehensively increase R & D investment, accelerate the development of new products and new businesses, seize the opportunities of industry development and cultivate new business growth points for the company.
During the reporting period, the company delivered more than 32,900 air-conditioning system products for large and medium-sized buses, with a year-on-year decrease of 10% over last year. In terms of vehicle battery thermal management system, more than 5900 sets of large and medium-sized bus battery thermal management system and electric heavy truck battery thermal management system were delivered, with a year-on-year increase of 181%.
In 2021, the car business division focused on improving the production and manufacturing system and domestic capacity layout, and strengthened the establishment of regional customer manufacturing supporting capacity and the vertical integration of core products. At present, the company's car thermal management business segment has 10 production bases, with a condenser capacity of 8 million sets per year and an air-conditioning box capacity of 5 million sets per year.
As for R & D, its expenses of the parent company in 2021 were 253 million yuan, with a year-on-year increase of 23.42%. The company continues to build product strength and system strength, and improves its technology and product development ability from the direction of depth and breadth. Through continuous construction and transformation, it has more than 30 sets of large and medium-sized test equipment such as ring model wind tunnel, and has relatively perfect test and trial production capacity of vehicle thermal management products.
About Songz Automobile Air Conditioning Co., Ltd
According to public information, Songz Automobile Air Conditioning specializes in the R & D, production and sales of thermal management related products in the fields of automobile, rail transit and cold chain logistics. It is one of the leading enterprises of automotive thermal management related products in China. The company's products cover a comprehensive range and have been widely used in large and medium-sized buses, passenger cars, special vehicles, trucks, light buses, rail cars, refrigerated vehicles and other vehicles.
