YDC(605555) 证券时报网·2025-04-22 07:31Group 1 - The core viewpoint of the news is that 德昌股份 has achieved significant growth in its automotive parts and home appliance businesses, with a focus on becoming a leading player in the EPS motor and brake motor industries [1][2]. - In 2024, the company reported a revenue of over 4 billion yuan, marking a year-on-year increase of 27.51%, while total revenue exceeded 40 billion yuan, reflecting a growth of 47.56% [1]. - The home appliance segment generated a revenue of 35.11 billion yuan, up 43.08% year-on-year, while the automotive parts business saw a remarkable revenue increase of 104.54%, reaching 4.12 billion yuan [1]. Group 2 - The automotive parts business, initiated in 2017, has established core advantages in the EPS and brake motor sectors, achieving its first profitable year in 2024 with a supply volume exceeding 2 million units [2]. - The EPS market is highlighted as a significant opportunity, with the global market size being substantial and the domestic industry gradually catching up with international leaders in technology [2]. - The company has invested 1.38 billion yuan in R&D in 2024, a 36.17% increase, and has established multiple R&D centers in China and Vietnam to develop innovative products [3].