继峰股份(603997) - 2025 Q2 - 季度业绩预告

Important Content Reminder Ningbo Jifeng Auto Parts Co., Ltd. forecasts a substantial increase in H1 2025 net profit attributable to parent company shareholders (182.25%-238.70%) and net profit after non-recurring items (566.93%-715.14%), meeting the over 50% growth criteria - This performance forecast applies to cases where net profit increases by over 50% compared to the same period last year[3] Key Performance Forecast Data for H1 2025 | Indicator | Estimated Amount (ten thousand CNY) | Year-on-Year Growth (%) | | :--- | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | 15,000 - 18,000 | 182.25 - 238.70 | | Net Profit After Deducting Non-Recurring Gains and Losses | 18,000 - 22,000 | 566.93 - 715.14 | Current Period Performance Forecast This chapter details the performance forecast period for the first half of 2025, specific financial projections and their year-on-year growth, and clarifies that the financial data in this forecast is unaudited Performance Forecast Period This section specifies the financial reporting period covered by this performance forecast - The performance forecast period is from January 1, 2025, to June 30, 2025[4] Performance Forecast Details This section provides the estimated range and year-on-year growth for net profit attributable to parent company shareholders and net profit after deducting non-recurring gains and losses for the first half of 2025 Detailed Performance Forecast Data for H1 2025 | Indicator | Estimated Amount (ten thousand CNY) | Increase from Prior Year (ten thousand CNY) | Year-on-Year Growth (%) | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Parent Company Shareholders | 15,000 - 18,000 | 9,685.55 - 12,685.55 | 182.25 - 238.70 | | Net Profit After Deducting Non-Recurring Gains and Losses | 18,000 - 22,000 | 15,301.07 - 19,301.07 | 566.93 - 715.14 | Unaudited Financial Data Statement This section emphasizes that the financial data in this performance forecast is a preliminary estimate and has not been audited by a certified public accountant - The financial data in this performance forecast has not been audited by a certified public accountant[4] Operating Performance and Financial Status for the Same Period Last Year This section provides operating performance and financial status data for the first half of 2024 (same period last year) as a benchmark for the current performance increase forecast Operating Performance and Financial Status for H1 2024 | Indicator | Amount (ten thousand CNY) | | :--- | :--- | | Total Profit | 8,300.09 | | Net Profit Attributable to Parent Company Shareholders | 5,314.45 | | Net Profit Attributable to Parent Company Shareholders After Deducting Non-Recurring Gains and Losses | 2,698.93 | | Earnings Per Share | 0.04 CNY | Main Reasons for Current Period Performance Increase This chapter explains the three primary drivers behind the significant performance growth in the first half of 2025, including Grammer integration benefits, European business cost optimization, and divestment of loss-making assets Human Resource Optimization and Cost Reduction Grammer optimized human resources in its European production bases in H2 2024 through layoffs, salary adjustments, and job transfers, achieving continuous labor cost savings in H1 2025 - Grammer optimized human resource allocation in its European regions in the second half of 2024, including direct layoffs, reduction of salary and welfare agreements at its European headquarters, and implementation of the "Satellite" program to transfer high-wage positions to lower-wage countries, resulting in continuous labor cost savings in the first half of 2025[6] European Business Integration and Cost Efficiency The company transferred Jifeng's European interior business to Grammer for unified operation in 2024, integrating capacity and merging operational teams to enhance factory utilization and economies of scale, significantly reducing European operating costs and improving overall profitability - In 2024, Jifeng's European interior business was transferred to Grammer for unified operation, integrating capacities in regions like Czech Republic and Bosnia and Herzegovina, enhancing capacity utilization and economies of scale, and merging operational teams to significantly reduce European operating costs and improve profitability[6] Divestment of Loss-Making Business to Focus on Core Business To focus on its core business, the company completed the sale of the continuously loss-making US TMD company in 2024, eliminating its negative impact on the company's performance in H1 2025 - The company sold the continuously loss-making US TMD company in 2024, which had weak synergy with its core business, thus eliminating its negative impact on the company's performance in the first half of 2025[6] Risk Warning This section reminds investors that the performance forecast data is a preliminary estimate and unaudited, but the company believes there are no significant uncertainties affecting its accuracy - The data in this performance forecast is a preliminary estimate by the company's finance department and has not been audited by a certified public accountant; the company believes there are no significant uncertainties that could affect its accuracy[7] Other Explanatory Matters This section reiterates that the performance forecast data is preliminary, with final accurate figures subject to the company's officially disclosed H1 2025 report, and advises investors to be aware of investment risks - The performance forecast data is only a preliminary estimate; the specific accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report, and investors are advised to be aware of investment risks[9]