金杯电工：前三季度营收突破127亿元，海外市场和新市场表现亮眼

Core Viewpoint - Jinbei Electric (002533.SZ) reported a strong performance in Q3 2024, achieving record-high quarterly revenue and continued growth in both revenue and net profit for the first three quarters of the year [1] Financial Performance - For the first three quarters, the company achieved operating revenue of 12.741 billion yuan, a year-on-year increase of 15.99% [1] - The net profit attributable to shareholders reached 427 million yuan, up 18.89% year-on-year [1] - In Q3 alone, operating revenue was 4.796 billion yuan, reflecting a year-on-year growth of 14.77% [1] - The net profit for Q3 was 151 million yuan, marking a year-on-year increase of 23.48% [1] Dividend Announcement - The company announced its first interim dividend since its listing, with the record date set for October 29 and the ex-dividend date for October 30 [1] Capacity Expansion - The company has increased its production capacity for transformer flat electromagnetic wire by 10,000 tons, with overall shipment volume from the electromagnetic wire center growing over 20% year-on-year [1] - Revenue from the electromagnetic wire sector exceeded 30%, solidifying its leading position in the power grid transformer market [1] International Market Expansion - As one of the earliest cable companies to enter international markets, Jinbei Electric has successfully exported products to major markets including Europe, South America, Japan, Southeast Asia, and the Middle East [1] - The company reported a more than 30% year-on-year increase in export value for Q3, with cumulative export value for the first three quarters growing over 15% [1] - Key project breakthroughs were achieved in countries such as Thailand, Saudi Arabia, and Uzbekistan [1] New Market Development - The company has seen a doubling in shipment volume for flat electromagnetic wire used in electric vehicle motors this year [1] - Jinbei Electric is actively transforming and upgrading its cable products, focusing on industrial cables for solar, wind, and automotive applications [1] - Sales in the clean energy market, particularly in wind and solar power, grew over 30 times year-on-year in the first three quarters [1] Future Outlook - The company is optimistic about achieving its annual targets and plans to leverage regional advantages in central and western China to capture new growth opportunities [1] - The recent government guidance on promoting the transfer of industries to central and western regions is seen as a favorable backdrop for the company's growth strategy [1]