TU-TESL

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Recently, the first electric vehicle g ü nsel B9 was launched by the Turkish local automobile brand g ü nsel, which is an electric vehicle integrating "innovation, efficiency and elegance", which is very consistent with the development vision of electric vehicles in the future. It is understood that the electric drive three in one system EP3 of G ü nsel B9 is provided by Bangqi power. Ep3 is a new generation of three in one electric drive system, which integrates the motor, inverter into a separate plug-in unit, and is composed of a lower permanent magnet share electric unit, greatly reducing the system weight. According to the public information, Bangqi power is an independent supplier of innovative and environmentally friendly power system, with more than 45 years of experience in developing and manufacturing transmission. In 2017, Yinyi Group acquired 100% of Bangqi power, and Bangqi power has since become an important part of the high-end manufacturing business layout of Yinyi group. Since 2013, Bangqi power has continuously increased its investment in foreign investment and R & D, including the acquisition of professional energy electronic equipment company apojee in France and transmission engineering technology company TEG in Germany. In recent years, Bangqi power has further strengthened the research and development of new products, of which the accumulated investment in research and development in 2017 is RMB 490 million. In addition to the CVT, Bangqi power also has dual clutch automatic transmission and hybrid (48V and plug-in hybrid) product technology, and actively promotes the production of electric power system. The electric drive three in one system product EP3, the first product of G ü nsel in Turkey, can provide 140kW peak power with the maximum voltage of 450V, has excellent NVH performance and efficiency, and greatly improves the range of electric vehicles. It is worth mentioning that in March 2016, Bangqi power obtained the supplier qualification of Peugeot Citroen electric double clutch automatic transmission project. Thanks to the merger of Peugeot Citroen and Fiat Chrysler, Bonzi Power Group has naturally entered the supply chain system of Fiat Chrysler and gained more market space for new energy vehicles. Recently, the European director of PSA automobiles SA (hereinafter referred to as "PSA") said in an interview that PSA has established in-depth cooperation with partners who have strength in R & D and know their business, such as Nidec for motors, punch powertrain for gearboxes and total saft for batteries. As we all know, Peugeot Citroen Group is a world-class well-known automobile manufacturer, ranking in the top 100 of the global top 500 enterprises. Its business covers 150 countries in the world. It has five automobile brands, Peugeot, Citroen, DS, Opel and Vauxhall, which can meet different levels of consumer demand. Peugeot Citroen, Europe's second-largest carmaker, has been actively accelerating its transition to electric vehicles (light hybrid), and to achieve 100% electrification by 2025. In this context, Peugeot Citroen Group's choice of Bangqi power as its next generation of electric transmission supplier will also promote it to enter a high growth period. From the relevant announcement of Yinyi, even in the era of low growth of automobile sales, the shipment volume of Bangqi power, as the core supplier of CVT transmission of independent brand, increased rapidly from 260000 units to 720000 units in 2015-2017, which further verified that the application proportion of CVT transmission of independent brand vehicle enterprises increased rapidly. According to public data, the market size of CVT will reach 38 billion yuan in 2020. CVT has become the optimal transmission for small and medium displacement vehicles due to its good fuel economy and in line with the concept of Chinese people's vehicles, and gradually deepened in the domestic market of small and medium displacement vehicles. Zheshang securities research pointed out that the CVT penetration rate is expected to continue to increase from 17% in 2018 to 24% in 2023. The core increase comes from the rapid penetration of middle and low-end models of independent brands and the steady improvement of Japanese brands. By 2023, the CVT market size will reach 49.8 billion yuan (31.4 billion yuan in 2018). Since February this year, many domestic governments have introduced policies to stimulate automobile consumption, and the executive meeting of the State Council held on March 31 has also decided to extend the new energy vehicle purchase and purchase tax exemption policies for two years. Tianfeng securities analysis pointed out that the epidemic will promote more car free users to realize the importance and necessity of owning private cars, and the demand for cars will only be delayed rather than eliminated. With the alleviation of the epidemic and the gradual implementation of favorable policies, the auto market is expected to recover in the second quarter. In the context of made in China 2025, Yinyi group is comprehensively deepening the industry chain of automobile core parts and accelerating the layout of new energy and other technical fields. With the listing of G ü nsel B9 in Europe, which is equipped with the EP3 electric drive system of Bangqi power, the market space of the company is expected to be further opened. In the future, Bangqi power will further explore the European market and further improve its market share by taking advantage of its brand advantages.