EverProX(SZ:300548) Chang Jiang Shang Bao·2025-05-08 23:58Core Viewpoint - Company is advancing its overseas market strategy by investing in an expansion project for its production base in Indonesia, aiming to enhance its international competitiveness and support its global development strategy [1][4]. Group 1: Investment and Expansion - Company announced an investment of $32.8 million (approximately 237 million RMB) for the third phase expansion of its production base in Indonesia [1][4]. - The project will cover an area of 24,000 square meters and will focus on producing telecommunications, data communication, and industrial interconnection products [4]. - This investment is intended to respond to overseas market demand and improve the company's support capabilities for global customers [1][4]. Group 2: Financial Performance - In 2024, the company achieved overseas sales revenue of 775 million RMB, a year-on-year increase of 81.06%, accounting for 44.34% of total revenue [1][5]. - The company reported a revenue of 1.647 billion RMB in 2023 and 1.747 billion RMB in 2024, with a slight growth of 4.30% [5]. - The first quarter of 2025 saw a significant revenue increase of 72.13%, reaching 539 million RMB [6]. Group 3: Research and Development - Company maintained stable R&D investment, with expenses increasing from approximately 53.93 million RMB in 2020 to 114 million RMB in 2024 [7]. - As of the end of 2024, the company held 211 authorized patents, including 110 invention patents [7]. Group 4: Strategic Acquisitions - Company plans to acquire an additional 18.16% stake in Changxinsheng for 391 million RMB, increasing its ownership to 60.45% [8][9]. - This acquisition is expected to enhance the company's control over Changxinsheng and facilitate resource integration for maximizing overall value [9].