Core Viewpoint - Company has received a significant order from a leading electric vehicle brand for its AK2 radar system, panoramic camera system, and driving recorder system, with an estimated total revenue of approximately 619 million yuan over a project lifecycle of 3-6 years, expected to start production in August 2025 [1][2][3] Group 1: Financial Performance - In Q1 2025, company achieved revenue of 387 million yuan, a year-on-year increase of 35.48%, and net profit of 18.42 million yuan, up 4.44% year-on-year [1][5] - For the year 2024, company reported revenue of 1.409 billion yuan, a growth of 17.25%, while net profit decreased by 11.15% to 110 million yuan [5][6] - The company plans to distribute cash dividends of 5 yuan per 10 shares, totaling 46 million yuan, with a dividend payout ratio of 45.58% for 2024 [5] Group 2: R&D and Innovation - Company has emphasized R&D and innovation since its establishment, becoming a leading supplier of automotive intelligent driving perception systems in China [1][6] - R&D investment has increased from 97.28 million yuan in 2022 to 158 million yuan in 2024, with the proportion of R&D expenditure to revenue rising from 9.02% to 11.21% [6] - As of December 31, 2024, company holds 154 software copyrights and 268 various patents, including 46 invention patents [6] Group 3: Market Position and Strategy - The recent order reflects the client's recognition of the company's capabilities in project R&D, production, and quality management, enhancing its market share and brand awareness [3][4] - Company has a diverse client base, including top global automakers, and offers a wide range of products such as visual perception systems and ultrasonic radar systems [4] - In 2024, company generated 915 million yuan from domestic sales and 494 million yuan from international sales, with respective growth rates of 17.64% and 16.53% [6]
豪恩汽电获头部车企6.19亿订单 技术创新驱动首季营收净利双增