Core Viewpoint - The company reported revenue and net profit growth for 2024 and Q1 2025, driven by innovative marketing strategies and continuous market expansion in commercial vehicle testing and intelligent connected vehicle testing [1][2][3]. Financial Performance - In 2024, the company achieved revenue of 400 million yuan, a year-on-year increase of 12.16%, and a net profit of 167 million yuan, up 1.03% [1]. - For Q1 2025, the company reported revenue of 88.02 million yuan, a year-on-year growth of 29.92%, and a net profit of 28.98 million yuan, increasing by 23.92% [1][7]. - The net profit excluding non-recurring gains for 2024 was 149 million yuan, reflecting a growth of 4.67% [2]. Business Expansion and Strategy - The company is actively expanding its commercial vehicle testing and intelligent connected vehicle testing services, having signed contracts with multiple clients [1][3]. - The Long Triangle (Yancheng) Intelligent Connected Vehicle Testing Ground, set to operate in July 2024, will enhance the company's capabilities in testing intelligent connected vehicles and autonomous driving [3][7]. - The company aims to strengthen its one-stop technical service capabilities and deepen cooperation with key clients to create a collaborative ecosystem for vehicle and component R&D [2][5]. Regional Performance - Significant business growth was noted in North and South China, with year-on-year increases of 49.52% and 22.58%, respectively, accounting for 36.34% of total revenue [4]. - The East China region, where the company has a competitive advantage, also saw growth exceeding 5% [4]. Future Outlook - The company plans to further enhance its intelligent connected vehicle and commercial vehicle business in 2025, aiming to create new growth drivers [5][6]. - The company is focused on building a comprehensive testing capability that integrates simulation, testing ground, and road testing [7][8].
营收净利双增长 中汽股份智能网联试验场开启新增长曲线