HGTECH(000988)2025-04-11 13:15Financial Performance - The estimated net profit for Q1 2025 is projected to be between 39,000 and 44,000 million CNY, representing a year-on-year growth of 34.54% to 51.79% compared to 28,986.77 million CNY in the same period last year[3] - The estimated net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between 27,682 and 32,682 million CNY, reflecting a year-on-year increase of 22.60% to 44.74% from 22,580.02 million CNY[3] - Basic earnings per share are projected to be between 0.39 and 0.44 CNY, compared to 0.29 CNY per share in the same period last year[3] - The financial data presented is a preliminary forecast and will be detailed in the Q1 2025 report[7] Business Growth Drivers - The significant growth in the company's core business segments is driven by increased demand for PTC heating components and sensors in the rapidly expanding electric vehicle market[5] - The smart manufacturing business is benefiting from equipment upgrades in the shipbuilding industry and the digital transformation of manufacturing processes, leading to a surge in orders for laser equipment and intelligent production lines[5] - The connectivity business is experiencing rapid growth due to the increasing demand for computing power in AI applications, with a notable rise in demand for high-speed optical modules used in data center construction[5]