OLYMPIC(603920) 金融界· Jin Rong Jie·2025-04-16 00:23Core Insights - The company achieved a total revenue of 5.022 billion yuan, representing a year-on-year growth of 11.13%, and a net profit of 675 million yuan, with a year-on-year increase of 36.17% in 2024, driven by the recovery of the global electronics industry [1] - The company's strategic focus on optimizing product structure and expanding into emerging markets has laid a solid foundation for future growth, particularly in the fields of new energy vehicles, low-altitude aircraft, and artificial intelligence [1] Group 1: Growth in New Energy Vehicles and AI - The company has made significant strides in the new energy vehicle sector, successfully integrating with domestic automotive clients such as Geely, Chery, and Li Auto, and collaborating with XPeng Motors on an 800V high-voltage architecture project [4] - The company has secured a project for high-performance Thor chip smart driving domain controllers and has achieved mass production of high-value products like smart driving vision COB camera circuit boards and perception laser radar circuit boards [4] - In the AI sector, the company has entered the AI server market, achieving mass production of 28-layer AI server circuit boards and 5-layer HDI products, successfully integrating into the supply chains of NVIDIA and AMD [4] Group 2: Overseas Market Expansion and Capacity Deployment - The company has made notable progress in expanding its overseas market presence, successfully passing new product qualifications with leading companies in low-altitude flight, Panasonic Energy, and humanoid robotics [5] - The company has maintained stable partnerships with clients such as Amazon and Samsung, with related products already in mass production [5] - To better meet overseas customer demands, the company is investing up to 200 million USD in a new factory in Thailand, expected to commence operations by the end of 2025, enhancing its scale and competitiveness in the global market [6] Group 3: Automation and Intelligent Construction - The company has significantly improved production efficiency and product quality through the introduction of advanced equipment such as dual-surface vacuum plug machines and automatic large-size four-line testing machines [7] - The company has implemented a comprehensive traceability system for production processes, enhancing visibility and electronic quality data management [7] - The introduction of automated DI exposure machines and PCB sorting machines has further elevated the automation level of production lines, supporting the company's long-term sustainable development goals [7]