万丰奥威：2024年度实现营业收入162.64亿元 “双引擎”驱动战略加速发展

Core Viewpoint - WanFeng Aowei reported a slight increase in revenue but a decline in net profit for the fiscal year 2024, indicating challenges in profitability despite stable revenue growth [1] Group 1: Financial Performance - For the fiscal year 2024, the company achieved revenue of 16.264 billion yuan, a year-on-year increase of 0.35% [1] - The net profit attributable to shareholders was 653 million yuan, representing a year-on-year decrease of 10.14% [1] - The company proposed a cash dividend of 1 yuan per 10 shares to all shareholders [1] Group 2: Business Segments - The company operates primarily in two segments: lightweight automotive metal parts and general aviation aircraft manufacturing [2] - The lightweight automotive metal parts segment generated revenue of 13.450 billion yuan, focusing on aluminum and magnesium alloy products [2] - The general aviation aircraft manufacturing segment achieved revenue of 2.814 billion yuan, reflecting a year-on-year growth of 1.62% [4] Group 3: Competitive Advantages - The company has a strong competitive edge in lightweight magnesium alloy products with an annual production capacity of over 18 million sets and aluminum alloy products with a capacity of over 42 million sets [3] - It has established strategic partnerships with major new energy vehicle manufacturers, including BYD and Volkswagen, to leverage the transition to electric vehicles [3] - The company possesses advanced technology in aircraft design and manufacturing, with multiple design and manufacturing centers globally [4] Group 4: Future Development - The company aims to become a global leader in lightweight automotive parts and innovative general aviation manufacturing, focusing on digital transformation and high-quality development [6] - It is actively pursuing opportunities in the low-altitude economy, including the development of eVTOL aircraft and other new aviation technologies [5] - The company reported a revenue of 3.567 billion yuan for Q1 2025, a year-on-year increase of 0.75%, with a net profit of 275 million yuan, reflecting a growth of 21.29% [7]