BVEA(SH:600379) Zheng Quan Shi Bao Wang·2025-04-11 03:04Group 1 - The core viewpoint of the news is that Baoguang Co., Ltd. reported strong financial performance for 2024, with a consolidated revenue of 1.464 billion yuan, an increase of 8.51% year-on-year, and a net profit attributable to shareholders of 90.36 million yuan, up 27.93% year-on-year [2] - The company has maintained a steady growth trajectory since its listing, with a compound annual growth rate (CAGR) of nearly 9.5% in revenue and over 16% in net profit over the past decade [2] - In terms of profitability, the weighted average return on equity reached 12.4%, marking the highest level in the company's history [2] Group 2 - For 2024, the company aims to consolidate its core competitiveness in vacuum circuit breakers and enhance the quality of its new energy sector, adopting a dual-driven strategy of "vacuum circuit breakers + new energy" [4] - The market share of the company's main products has further increased, with production of vacuum circuit breakers growing by 15.40% and sales by 17.87% compared to the previous year [4] - The company plans to acquire Kaysail Technology to expand its market share and has made significant progress in energy storage and hydrogen energy sectors [4] Group 3 - The company has achieved several technological breakthroughs, including the domestic first 126kV large-capacity column circuit breaker and the international leading level of GIS switch 126kV vacuum circuit breaker [5] - The company has been recognized for its innovation, with a 25% increase in domestic patents compared to the previous year, and the number of invention patents authorized has doubled [6] - The company invested 54.12 million yuan in R&D in 2024, the highest for the same period, with R&D personnel accounting for 19.4% of the workforce [6] Group 4 - Baoguang Co., Ltd. emphasizes shareholder returns, with a commitment to distribute no less than 30% of the net profit attributable to shareholders in cash dividends over the next three years [7] - The company has already conducted two cash dividend distributions in the first half of 2024, with an annual dividend rate reaching 40% [7] - The company has maintained a dividend rate of over 30% for seven consecutive years [7]