A few days ago, Ke Debao released its 2023 results, showing that the group’s annual sales reached 11.
9 billion euros, up 1.
3% from the same period last year.
operating profit was 1.
1 billion euros, up 15% from the same period last year, both sales and profits reached an all-time high.
As a global technology group, Kodbao has achieved steady growth under the multi-market challenges of 2023, thanks to its diversified business structure, deep cultivation of the local market and continued investment in technology.
From the perspective of business segmentation, Kodbao covers a number of areas, including automotive OEM, spare parts, construction, textile and clothing, chemical industry, energy and so on.
Among them, the automobile business accounts for the largest proportion, reaching 42%, and the products involve power cells, fuel cells, seals, shock absorbers and other automobile core components.
In this field, its companies Weibak, Enfu and so on have made great contributions.
It is the diversified business development that makes Ke Debao not limited by the temporary failure in a certain field and ensures the balanced and stable development of its business.
From the perspective of market segmentation, as the third largest market in the world, China still maintains a steady development, with sales reaching 10.
13 billion yuan (based on proportional merger method).
In the future, Ke Debao plans to achieve a business balance of 1×3 in Asia, Europe and the United States.
According to the information released by the group in 2023, its subsidiaries have increased their investment in localization in China: in March, Enfu (China), a sealing expert under Ke Debao, officially opened its new factory in Changchun.
in addition, Enfu is also building a comprehensive facility integrating sales, R & D and production in Wuxi, which is expected to be completed by the end of 2024, which will provide more Yuande solutions for general industrial and automotive customers.
Enfu (China) R & D Center and Wuxi Enfu new factory (photo source: Ke Debao), in July, Weibak’s new factory in Chongqing officially opened.
The new plant, with an investment of about 170 million yuan, will focus on the production of a full range of NVH products, including engine mounts, chassis bushings, vibration isolators and dampers.
In addition, Weibak also announced that it will start local production of air springs in Wuxi plant and officially enter mass production in 2024.
, Weibak Chongqing factory (photo source: Weibak), “2024 is the 175th anniversary of the founding of Kodenbao Group, and also the 30th anniversary of our factory in mainland China.
Since entering the Chinese market, Ke Debao has always been focused on customer demand and continued to promote the comprehensive localization of innovation, R & D and production.
In 2024, Ke Debao Group will also launch a series of investment projects in the Chinese market to promote the high-quality development of China’s economy.
” Ke Debao Group China region representative Wang Jiajie said.
According to reports, in 2024, in addition to expanding production capacity, Ke Debao will promote the automatic layout of the production process and deepen the digital transformation.
Among them, the Suzhou plant of Ke Debao Filtration Technology Group plans to start the automation upgrade project of the automobile filter production line in the fourth quarter of 2024, and the production capacity is expected to increase by 20% after the upgrade is completed.
Weibak has also made remarkable progress in the application of automation technology, especially in the automatic closing transformation project of Yantai factory, Weibak has effectively improved production efficiency through robot technology.
This year, Weibak plans to carry out five replication projects and further improve production efficiency at its factories in Yantai, Wuxi and Chongqing.
In terms of technology investment, the financial report shows that Ke Debao invested 600 million euros in R & D in 2023, an increase of 4.
6% over the same period last year.
In 2022, in order to support the development of the Chinese market, Ke Debao established the China Technology Innovation Department, which focuses on forward-looking research in the fields of electric transportation, new energy, sustainable development and intelligent manufacturing.
Through open innovation, Ke Debao is able to explore emerging technologies in China and seek cooperation with Chinese universities, research institutions and start-ups. Dr. Cheng Yingjun, Senior Manager of Future Science and Technology Business in China, Technology Innovation Department, said: “since the establishment of the Technology Innovation Department in China, we have reached strategic cooperation with the National Innovation Center in the Yangtze River Delta, as well as well-known universities.
And local well-known innovative companies, such as Aqiu Technology and Mecamand, have in-depth exchanges in the areas of lithium battery, hydrogen energy, artificial intelligence and automation technology to explore the application of emerging technologies.
In the future, we will focus on the development and application of local technologies for automation, the exploration of business opportunities in the hydrogen industry chain, and the sustainable development of materials and processes.
” At present, Ke Debao Group is comprehensively promoting the long-term development strategy of mobile travel transformation, digitization and sustainable development.
For 2024, Ke Debao pointed out that challenges still exist, such as the price war in the automotive field, but opportunities and space continue to derive.
The Group will give full play to its global technological advantages and innovation capabilities, improve quality and efficiency internally, and innovate in coordination with the outside world.
better meet the needs of the Chinese market and enable new quality productivity.
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