West Pump shares desire to hold Tesla

Recently, stakeholders of the West Pump Group disclosed in the survey that the company has not yet cooperated with Tesla. However, for customers with great potential like Tesla, the company will actively look for opportunities to seek cooperation.

The main business of the West Pump Group is the processing, manufacturing and sales of automotive and motorcycle parts and machinery products, as well as the export business of self-produced products of the operating companies. The company's 2013 performance report showed that the earnings per share for January-December 2013 was 0.28 yuan, net assets per share was 12.14 yuan, net assets yield was 2.31%; total operating income was 1.24 billion yuan, which was a year-on-year increase of 43.11%, and net profit was 2650.32 Ten thousand yuan, a year-on-year decrease of 23.95%. The company stated that in 2014, it plans to realize the production and sales of 8.1 million units of automotive water pumps and 3 million exhaust manifolds, which will generate revenue of RMB 1.56 billion. The planned development includes new markets and customers such as Lingzhong and Bosch Mahler.

In the context of the increasingly prosperous environmental protection industry, the West Pump Group is also looking forward to the turbocharger housing project market. According to company related sources, turbocharged products can reduce energy consumption while keeping the power unchanged or even increasing power. Turbocharged products comply with the trend of energy conservation, emission reduction and green efficiency, which is of great significance to environmental protection. It can be foreseen that the turbocharged product market is huge and can provide new growth points for the company's performance improvement.