Industry Overview - The automotive industry in China is expected to maintain a stable and positive development trend in 2025, driven by proactive macro policies and the implementation of new policies aimed at stimulating market vitality [2] - In 2024, the automotive production and sales volume reached 31.282 million and 31.436 million units, representing year-on-year growth of 3.7% and 4.5% respectively, indicating strong resilience and innovation within the industry [2] Company Performance - In 2024, the company achieved operating revenue of 1.562 billion yuan, a year-on-year increase of 26.44%, and a net profit attributable to shareholders of 146.3 million yuan, up 16.64% year-on-year [4] - For Q1 2025, the company reported a main revenue of 390 million yuan, a year-on-year increase of 13.98%, and a net profit attributable to shareholders of 29.98 million yuan, up 2.53% year-on-year [4] Competitive Position - The company competes with both domestic and international firms, with a diverse product line that covers most safety forgings in the automotive sector, allowing it to meet various customer needs [3] - The company has established long-term stable partnerships with top global parts suppliers, which is expected to facilitate entry into new customer supply chains [3] Future Growth Prospects - The company anticipates stable revenue growth in 2025, supported by ongoing projects and customer development efforts [4] - The focus on developing products for new energy vehicles aligns with market trends and customer demands, providing additional growth opportunities [3]
三联锻造：5月9日召开业绩说明会，投资者参与