Core Viewpoint - The company has demonstrated significant growth in revenue and profit, driven by its strategic shift towards AI and edge hardware solutions, indicating a successful transformation and high-quality development [1][2][7] Financial Performance - In the 2024 annual report, the company achieved revenue of 5.108 billion yuan, a year-on-year increase of 12.50% - The net profit attributable to shareholders reached 91.2538 million yuan, up 81.34% - Operating cash flow net amount was 469 million yuan, reflecting a 97.33% increase - For Q1 2025, the company reported revenue of 1.225 billion yuan, a 23.27% year-on-year growth, and a net profit of 31.8135 million yuan, soaring 903.92% [1][7] Strategic Transformation - The company has successfully transitioned from a traditional consumer battery supplier to an AI and edge one-stop battery solution provider under its "All in AI" strategy [2] - It is focusing on emerging fields such as AI edge hardware, AI server power supplies, intelligent robots, drones, and low-altitude economy [2] Technological Advancements - The R&D team has developed a square steel shell laminated battery with ultra-high space utilization, aiming for over 30% improvement in energy density compared to traditional products [4] - The company is increasing R&D investment, with R&D expenses projected to account for 6.22% of revenue in 2024 [4] Operational Efficiency - The company is consolidating its production capacity at the Tonghu New Industrial Park, enhancing its scale advantages and implementing lean manufacturing strategies [5][6] - It is deepening collaboration with core strategic customers to enhance supply chain integration and customer loyalty [6] Shareholder Returns - The company plans to distribute a cash dividend of 4.80 yuan per 10 shares, totaling 35.7157 million yuan, which represents 39.14% of the annual net profit [7] - The total cash dividend and buyback amount for 2024 will account for 254.15% of the net profit, reflecting the company's confidence in long-term growth [7]
豪鹏科技2025Q1业绩“开门红”：AI+端侧战略初显成效，经营质量持续优化