Mastars is an auto parts manufacturer. It processes non-standard parts and specializes in producing and processing various parts. It has more than 80 sets of professional production equipment, imported CNC, and Japan's Tsukami turning milling compound machine. All cutting processes are completed at one time. Various surface treatment and heat treatment can be carried out according to customer requirements.|metal 3d printing
As the basis for the development of the automotive industry, automotive parts and components play an important role in building an automotive technology innovation system and promoting the transformation, upgrading and sustainable development of the automotive industry. "Quality first" is an important policy and goal for the high-quality development of the automotive industry chain.
There are thousands of components in a car, and their proper functioning depends on the coordination of each component. Any problem with a component may affect the safety of the car and even endanger human lives, so the automotive industry chain has strict quality control requirements, and there are special laws and regulations and quality control systems (such as ISO/IATF 16949) to ensure that the whole car and its components meet quality control and traceability requirements. The automotive industry has strict quality control requirements, which correspond to specific laws, regulations and quality control systems (e.g. ISO/IATF 16949) to ensure that vehicles and their components meet quality control and traceability requirements.
The production of high quality products is also one of the most important hard strengths of automotive component companies. Not only do OEMs have strict quality requirements for access to parts suppliers; at the same time, the release of national policies also means that it is important for automotive parts companies to pursue higher quality.
The right view of auto parts enterprises - in fact, the heroes behind the scenes
Investors who have not come into contact with auto parts before may not know exactly what the parts industry is all about and where it should be placed in the overall automotive industry.
In fact, of the tens of thousands of components in a car, over 60% are supplied by parts companies. Since the introduction of the car, new components have been created to allow the car to evolve and develop into what it is today. A significant proportion of innovation in the automotive industry comes from the innovation of component companies.
For traditional fuel vehicles, the performance of the vehicle is largely due to the level of components behind it; for smart electric vehicles, it goes without saying that without components such as domain controllers, high-precision radar and in-line brakes, autonomous driving would not be possible.
What is also not well known is that the development of the automotive industry often requires auto parts to be ahead of the curve. In the past, traditional car companies in the fierce competition in the market often need to develop the next generation of engines in advance; today's smart electric car push for hardware pre-built, in fact, is also another form of advance development.
Throughout the automotive manufacturing powerhouse, there are world-class vehicle companies in front of the stage and world-class component companies behind the scenes, both mirroring each other. For example, Germany's
Bosch and Japan's
Denso. All in all, we need to take a fresh look at the industry status and future value of components companies at the strategic system level.
As the leader in the electric vehicle world,
Tesla is leading the smart electric vehicle industry while also presenting
Chinese component companies with vast opportunities for growth. Since the localisation of the Model 3 in 2020, some domestic component companies have been able to grow up rapidly and increase their performance rapidly driven by Tesla's industry. Companies such as Top Group, Sanhua Intelligent Control and Guangdong Hongtu have transformed into the meat and potatoes of the smart electric vehicle circle, and the capital market has generously given a premium to the valuation.