DAHAO TECHNOLOGY(SH:603025)2025-01-23 09:25Financial Performance - The company expects a net profit attributable to shareholders for 2024 to be between 590 million and 630 million yuan, an increase of 184.5 million to 224.5 million yuan compared to the previous year, representing a year-on-year growth of 45.5% to 55.4%[4] - The expected net profit attributable to shareholders after deducting non-recurring gains and losses for 2024 is projected to be between 590.18 million and 630.18 million yuan, an increase of 193.48 million to 233.48 million yuan compared to the previous year, reflecting a year-on-year increase of 48.8% to 58.9%[4] - In 2023, the company achieved a total profit of 490.67 million yuan and a net profit attributable to shareholders of 405.50 million yuan[5] - The performance forecast data is preliminary and subject to final confirmation in the official 2024 annual report[11] Market Expansion - The company has seen a 16.95% year-on-year increase in the cumulative export value of sewing machinery products, amounting to 3.095 billion USD from January to November 2024[8] - The company has expanded its service network by establishing new offices in Zhejiang and Hebei, as well as service centers in Pakistan and Algeria, enhancing its global service footprint[10] Technological Advancements - The company is focusing on high-performance sewing CNC system platforms, which are expected to drive significant growth in 2024[8] - The company is leveraging AI and big data analytics to optimize production processes and improve quality control in the knitting and sewing machinery sectors[9] - The company has maintained a leading position in the sock machine control system market and is expanding its market share in the flat knitting machine control system[9] Operational Efficiency - The company emphasizes internal management optimization and talent development to enhance operational efficiency and competitiveness[10]