KCT(SZ:002625) Chang Jiang Shang Bao·2025-04-28 00:44Core Viewpoint - The company, Guangqi Technology, is actively expanding into the low-altitude economy sector while achieving consistent revenue and profit growth over the past six years, driven by advancements in metamaterials technology [1][2][4]. Financial Performance - In 2024, Guangqi Technology reported a revenue of 1.558 billion yuan, a year-on-year increase of 4.25%, and a net profit of 652 million yuan, up 11.77% [1][3]. - The company's core metamaterials segment revenue reached 1.552 billion yuan, showing a significant year-on-year growth of 21.69% [4]. Technological Advancements - Guangqi Technology has developed the world's first full-body metamaterial drone, set for small-scale delivery in 2025, marking a significant entry into the low-altitude economy [2][11]. - The company has achieved a major technological breakthrough by transitioning from two-dimensional to three-dimensional metamaterial design, enhancing key performance indicators by an order of magnitude [5]. Research and Development - Guangqi Technology has maintained high R&D investment, with expenses reaching 96.15 million yuan in 2024, a 4.57% increase from the previous year [7]. - The company holds the highest number of patent applications and authorizations in the metamaterials field, reinforcing its technological barriers [8][9]. Strategic Expansion - The company is constructing new bases to enhance production capacity, including the 905 and 906 bases, which will further improve delivery capabilities [10]. - Guangqi Technology has signed an investment agreement to establish a low-altitude drone industry headquarters in Leshan, Sichuan, aiming to create an industrial cluster in the low-altitude economy [11].