LZJT(SZ:300428) Quan Jing Wang·2025-04-23 02:06Core Insights - In 2024, Lichung Group (300428.SZ) reported strong financial performance with double-digit growth in both revenue and net profit, driven by the rapid development of the automotive lightweight and new energy industries [1] Financial Performance - The company achieved an operating revenue of 27.246 billion yuan, a year-on-year increase of 16.61%, and a net profit of 707 million yuan, up 16.77% [2] - The non-recurring net profit was 608 million yuan, reflecting a growth of 17.09% compared to the previous year [2] - The company proposed a cash dividend of 3.37 yuan per 10 shares, totaling 213 million yuan [2] Business Segments - The functional intermediate alloy segment maintained its industry-leading position with revenue of 2.295 billion yuan, a year-on-year increase of 11.94% [3] - The recycled casting aluminum alloy business experienced significant growth, achieving sales revenue of 15.696 billion yuan, up 25.84%, contributing 57.6% to total revenue [4] - The aluminum alloy wheel segment generated revenue of 9.235 billion yuan, reflecting a growth of 4.46% [5] Strategic Initiatives - The company focused on high-end emerging industries and enhanced its global market expansion efforts, particularly in high-value products like rare earth intermediate alloys and aerospace-grade special intermediate alloys [3] - Lichung Group emphasized operational efficiency and cost control through optimized production processes and strengthened internal management [4] - The company is actively developing its aluminum recycling supply chain and has established partnerships with new energy vehicle manufacturers to enhance the circular economy in the automotive industry [7]