SJA(600609) 上海证券报·2025-05-06 19:24Group 1 - The company held an earnings briefing for the fiscal year 2024 and the first quarter of 2025 on May 6, 2025, from 10:00 to 11:00 AM [1][2] - Key executives, including the chairman and president, participated in the briefing to discuss operational performance and governance with investors [2] Group 2 - In 2024, the company achieved operating revenue of 4.366 billion yuan and a net profit attributable to shareholders of 382 million yuan, representing a year-on-year increase of 214.06% [3] - The increase in profit was attributed to stable gross margins in the auto parts business and recovery of debts from bankrupt entities [3] Group 3 - The company acknowledged a decline in revenue for 2023 and 2024, primarily due to changes in customer product structure and sales volume [3] - The company plans to implement strategies focusing on stability, innovation, and rapid response to improve operational efficiency and market competitiveness [3] Group 4 - The company currently has a stable cash flow and sufficient reserves, which supports its business operations [4] - Future financing strategies will be based on market dynamics and project needs, considering various factors such as cost and scale [5] Group 5 - The company clarified that it will not be subject to special treatment (ST) despite not implementing dividends, as it meets the criteria set by the Shanghai Stock Exchange [6] - The company has initiated share buybacks in 2024 to enhance shareholder returns and aims to improve its financial situation for future dividends [6] Group 6 - The company is managing the impact of price wars in the new energy commercial vehicle sector by maintaining stable gross margins through lean management and cost reduction [6] - The automotive industry is expected to see steady growth in 2025, supported by favorable macroeconomic policies and government initiatives [6]