Summary of Conference Call Company and Industry Overview - The conference call primarily discusses the automotive industry, focusing on specific companies such as Li Xiang, Lin Hao, and their respective revenue forecasts and production plans for the upcoming year [1][2][11]. Key Points and Arguments 1. **Revenue Forecasts**: - The company anticipates a revenue range of 16.5 to 16.8 billion yuan for the current year, with expectations for next year to reach approximately 1.78 billion yuan, reflecting a 10% to 20% increase in unit sales [1][2]. - Next year's revenue is projected to increase by around 1.5 billion yuan compared to this year's 5.5 billion yuan, largely driven by zero-sales from a major customer [2][11]. 2. **Production and Sales Expectations**: - The company expects to produce between 950,000 to 960,000 units this year, with a target increase of 10% to 20% for the next year [1][2]. - The introduction of new models, such as the W04, is expected to contribute significantly to revenue, with mass production slated for August or September next year [1]. 3. **Client Contributions**: - Zero-sales is projected to become the second-largest customer next year, contributing approximately 1.2 billion yuan in revenue [2]. - The Leidao L60 single-seater is expected to generate over 1.9 billion yuan next year, indicating strong demand for this model [2]. 4. **Cost Management and Material Changes**: - The company is optimizing costs by changing materials from aluminum to steel, which is expected to reduce purchasing costs without significantly impacting margins [4][5]. - The overall price drop for products is expected to be minimal, with regular price adjustments anticipated to be within 1 to 3 points [5]. 5. **Market Competition and Pricing**: - Intense price competition in the automotive market is noted, with significant pressure on profit margins, especially from major clients [18][26]. - The company aims to maintain a competitive edge through cost control and efficient production practices [26]. 6. **Future Outlook**: - The company is optimistic about maintaining stable revenue growth, with projections indicating a potential annual decline of only 1% to 2% in the coming years [13]. - The overall production capacity is expected to increase significantly by 2026, with plans for additional production lines to meet growing demand [24]. Other Important but Overlooked Content - The discussion includes insights into the competitive landscape, highlighting the need for multiple suppliers to ensure supply chain security and pricing mechanisms [22]. - The impact of external factors, such as market price wars and the introduction of new models, is acknowledged as a potential risk to revenue stability [5][18]. - The company emphasizes the importance of adapting to market changes and maintaining flexibility in production to respond to customer demands effectively [24][26]. This summary encapsulates the key insights and projections discussed during the conference call, providing a comprehensive overview of the company's current standing and future expectations within the automotive industry.

财联社12月5日电，多利科技公告，为合理优化全资子公司资产负债结构，满足子公司日常经营需要， 增强子公司资本实力，提升资金使用效率，公司拟对全资子公司安徽达亚、常州多利、盐城多利和烟台 达世增加注册资本，合计6.65亿元。 其中对安徽达亚增加注册资本3.6亿元，对常州多利增加注册资本1.97亿元，对盐城多利增加注册资本 0.7亿元，对烟台达世增加注册资本0.38亿元。 本次增资完成后，上述公司仍为多利科技全资子公司。 ...

证券代码：001311 证券简称：多利科技 公告编号：2024-049 滁州多利汽车科技股份有限公司 第二届董事会第十九次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 滁州多利汽车科技股份有限公司（简称"公司"）第二届董事会第十九次会议 通知于 2024 年 12 月 1 日以书面方式发出，会议于 2024 年 12 月 5 日在公司办公 地点召开。本次会议应出席董事 9 人，亲自出席董事 9 人。会议由董事长邓丽琴 女士主持，公司监事、高级管理人员和保荐机构代表列席会议。会议的召集和召 开符合《公司法》《公司章程》等有关规定。 二、董事会会议审议情况 1、审议通过了关于对全资子公司增资的议案 表决结果：同意 9 票，反对 0 票，弃权 0 票。 详见刊登于 2024 年 12 月 6 日的《中国证券报》《证券时报》《上海证券报》 《 证 券 日 报 》《 经 济 参 考 报 》 及 深 圳 证 券 交 易 所 网 站 和 巨 潮 资 讯 网 （http://www.cninfo.com.cn/）上的《关于对全资子公司增 ...

证券代码：001311 证券简称：多利科技 公告编号：2024-050 滁州多利汽车科技股份有限公司 关于对全资子公司增资的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、本次增资概述 1、基本情况 为合理优化全资子公司资产负债结构，满足子公司日常经营需要，增强子公司资 本实力，提升资金使用效率，滁州多利汽车科技股份有限公司（简称"公司"）拟对 全资子公司安徽达亚汽车零部件有限公司（简称"安徽达亚"）、常州多利汽车零部 件有限公司（简称"常州多利"）、盐城多利汽车零部件有限公司（简称"盐城多利"） 和烟台达世汽车配件有限公司（简称"烟台达世"）增加注册资本，其中对安徽达亚 增加注册资本 36,000 万元，对常州多利增加注册资本 19,700 万元，对盐城多利增加 注册资本 7,000 万元，对烟台达世增加注册资本 3,800 万元。本次增资完成后，安徽 达亚、常州多利、盐城多利、烟台达世仍为公司全资子公司。 2、审议程序 2024 年 12 月 5 日，公司第二届董事会第十九次会议以 9 票同意，0 票反对，0 票 弃权，审议通过了《关于对全资子公 ...

Summary of Conference Call Notes Company and Industry Involved - The conference call primarily discusses the automotive industry, focusing on companies such as Tesla, Li Auto, and SAIC Motor Corporation. Key Points and Arguments Revenue Projections and Customer Contributions - The company anticipates a revenue increase from approximately 5.5 to 6.5 billion in the upcoming year, driven by customer growth, particularly from Tesla, which is expected to see a 10% growth due to the launch of a new model [2][3] - The revenue contribution from major customers is expected to be stable, with each customer projected to have growth, despite some potential declines in specific segments [4][5] Customer-Specific Insights - Tesla's new six-seat Model Y is expected to contribute significantly to revenue, with production starting in Q1 of the next year [2][5] - The company has stable monthly shipment volumes for models C10 and C16, indicating a consistent demand [3] - SAIC's revenue is projected to remain around 5.5 billion, with a notable contribution from its self-owned brands [7] Market Dynamics and Competitive Landscape - The competitive landscape is characterized by tight pricing and reduced margins, with suppliers facing pressure to maintain profitability amidst declining prices [22][24] - The company is cautious about investing heavily in new production capacities due to the risk of overcapacity and low margins in the current market [17][26] Production Capacity and Investment Plans - The company has invested in four production lines, with plans for additional capacity depending on customer demand and market conditions [15][20] - There is a focus on integrating new technologies and platforms, particularly with electric vehicle models, to enhance production efficiency and product offerings [18][19] Strategic Partnerships and Future Outlook - The company is exploring partnerships with new players in the market, including potential collaborations with Huawei and Xiaomi, while being cautious about the financial stability of these partnerships [16][26] - There is an ongoing evaluation of international expansion opportunities, particularly in North America and Europe, to diversify revenue streams [27] Financial Performance and Margins - The overall gross margin has seen a decline of 2-3 percentage points year-over-year, attributed to increased production costs and investments in new technologies [11][12] - The company is managing its financial exposure by limiting investments in high-risk customers and focusing on stable revenue sources [26] Other Important but Possibly Overlooked Content - The company has secured land for future production facilities at a significantly lower cost compared to market rates, indicating strategic planning for future growth [8][9] - There is a recognition of the lifecycle of vehicle models, with expectations for new models to emerge as older ones reach maturity [10][21] - The company is actively monitoring the market for potential shifts in demand and is prepared to adjust its strategies accordingly [27][28]

Group 1: Financial Performance - In Q3 2024, the company achieved operating revenue of 9.55 billion CNY, a 26.86% increase from Q2 2024 [1] - Net profit attributable to shareholders was 1.23 billion CNY, up 17.94% from Q2 2024 [1] - Net profit excluding non-recurring gains and losses was 1.22 billion CNY, a 17.51% increase from Q2 2024 [1] - For the first nine months of 2024, operating revenue was 24.87 billion CNY, a decrease of 9.42% year-on-year [1] - Net profit attributable to shareholders for the first nine months was 3.42 billion CNY, down 11.68% year-on-year [1] - The comprehensive gross profit margin for the first three quarters was 22.12%, a decrease of 2.22 percentage points year-on-year [1] Group 2: Business Development and Projects - The company has established four integrated die-casting production lines in Jiangsu Yancheng and Anhui Lu'an, which have transitioned from construction to fixed assets [2] - In September 2023, the company secured a project with a leading domestic new energy vehicle manufacturer for integrated die-casting components, with production expected to ramp up in 2025 [2] - The company is also investing in a project in Jinhua City for integrated structural components, with production lines planned for construction [2] - The Jinhua production base is primarily supporting models for the customer Leap Motor, with production capacity nearing saturation [2] - Future investments will focus on traditional stamping, welding, integrated die-casting, and hot forming sectors [3]

Core Viewpoint - Duoli Technology (001311) announced that its wholly-owned subsidiary, Kunshan Daya Automotive Parts Co., Ltd., has received confirmation from two leading domestic electric vehicle manufacturers for integrated die-casting components for new projects, with expected mass production starting in 2026 and projected total sales of approximately 1.2 billion to 1.4 billion yuan over the project lifecycle [1] Group 1 - The subsidiary Kunshan Daya has been designated as a supplier for new projects by two major electric vehicle manufacturers [1] - The projects are expected to commence mass production in 2026 [1] - The total projected sales amount for the project lifecycle is estimated to be between 1.2 billion and 1.4 billion yuan [1]

证券代码：001311 证券简称：多利科技 公告编号：2024-048 滁州多利汽车科技股份有限公司 关于子公司获得客户项目定点的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 重要内容提示： 1、定点意向并不反映客户最终的实际采购数量，目前项目销售总金额仅为预 计金额，后续实际开展情况存在不确定性，具体以订单结算金额为准。 2、本次项目预计 2026 年开始量产，预计不会对公司本年度业绩产生重大影响。 3、实际供货量可能会受到汽车产业政策、市场需求和客户生产计划等因素影 响，具有不确定性。 一、基本情况 滁州多利汽车科技股份有限公司（简称"公司"）全资子公司昆山达亚汽车零 部件有限公司（简称"昆山达亚"）近日收到国内两家头部新能源汽车制造商（限 于保密协议，无法披露其名称，以下总称"客户"）的定点通知，确认昆山达亚为 上述客户新项目配套一体化压铸零部件。根据客户规划，上述项目预计都将于 2026 年开始量产，项目生命周期内预计销售总金额约 12-14 亿元。 二、对公司的影响 本次项目定点体现了客户对公司综合实力及在一体化压铸业务领域的认可，有 利于公 ...

Investment Rating - The investment rating for the company is "Buy" [1][2]. Core Views - The company reported a revenue of 2.487 billion yuan for the first three quarters of 2024, a year-on-year decrease of 9.42%, with a net profit attributable to shareholders of 342 million yuan, down 11.68% year-on-year [2]. - In Q3 2024, the company achieved a revenue of 955 million yuan, with a year-on-year decrease of 5.68% but a quarter-on-quarter increase of 26.86%. The net profit attributable to shareholders was 123 million yuan, reflecting a year-on-year increase of 11.77% and a quarter-on-quarter increase of 17.94% [2]. - The company is deepening its partnerships with high-quality clients such as Tesla, Li Auto, NIO, and Leap Motor, with significant improvements in sales volume for these core clients in Q3 2024 [2]. - The company is accelerating its layout in integrated die-casting, with plans to invest 1 billion yuan in a project in Jinhua City, with the first phase planned for 600 million yuan and the second phase for 400 million yuan [2]. - The company is expected to see revenue growth from 3.97 billion yuan in 2024 to 5.41 billion yuan in 2026, with corresponding net profits increasing from 510 million yuan to 710 million yuan [2][3]. Summary by Sections Financial Performance - For Q3 2024, the company reported a gross margin of 21.55%, with a year-on-year decrease of 2.14 percentage points and a quarter-on-quarter decrease of 0.21 percentage points. The net profit margin was 12.81%, down 0.90 percentage points year-on-year and 0.95 percentage points quarter-on-quarter [2]. - The company’s revenue forecast for 2024 is 3.97 billion yuan, with a growth rate of 1.5%, and is expected to reach 5.41 billion yuan by 2026, with a growth rate of 16.2% [3]. Client Relationships - The company has established strong partnerships with leading electric vehicle manufacturers, with Tesla's sales in China reaching 181,900 units in Q3 2024, a quarter-on-quarter increase of 24.67%. Li Auto's sales were 152,800 units, up 40.75% quarter-on-quarter [2]. Investment Strategy - The company is focusing on integrated die-casting to enhance production efficiency and is expected to gradually ramp up production by 2025 [2].

滁州多利汽车科技股份有限公司 关于公司监事股份减持计划实施完毕的公告 公司监事赵国文先生保证向本公司提供的信息内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 滁州多利汽车科技股份有限公司（简称"公司"）于 2024 年 10 月 9 日披露了《关于 公司监事股份减持计划的预披露公告》（公告编号：2024-045），持有公司股份 135,200 股（占本公司总股本比例 0.0566%）的公司监事赵国文先生计划自减持计划预披露公告 披露之日起 15 个交易日后的 3 个月内以集中竞价交易方式减持公司股份不超过 33,800 股（占公司总股本比例 0.0142%）。 证券代码：001311 证券简称：多利科技 公告编号：2024-047 1、股东减持股份情况 | 股东名称 | 减持方式 | 减持期间 | | | 减持均价 | 减持股数 | 占总股本 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | （元/股） | （股） | 的 ...