沃尔核材：5月9日召开业绩说明会，投资者参与

Core Viewpoint - The company,沃尔核材, reported strong growth in Q1 2025, with revenue and net profit increasing significantly year-on-year, and outlined plans for future capacity expansion and strategic focus on electronic communication and new energy sectors [2][6]. Financial Performance - In Q1 2025, the company achieved revenue of 1.759 billion yuan, a year-on-year increase of 26.6% [6]. - The net profit attributable to shareholders was 250.39 million yuan, up 35.86% year-on-year [6]. - The company's gross profit margin stood at 32.53% [6]. Business Growth and Strategy - The company is actively expanding its production capacity, with ongoing projects in Malaysia and Huizhou to meet business development needs [2][3]. - The focus will remain on the "electronic communication + new energy power" sectors, with a commitment to cost leadership and enhanced automation and digital management [2][3]. R&D and Innovation - The company has increased its R&D investment to drive innovation in high-end products, particularly in the electronic communication and new energy sectors [3][4]. - Recent innovations include the stable mass production of the single-channel 224G high-speed communication line, which has met customer demand [4][5]. Market Outlook - The company anticipates continued growth in its high-speed communication cable business, driven by increasing demand for computing power [4][5]. - The overall market for electronic communication and new energy power is expected to expand, aligning with national development strategies [5]. Institutional Ratings - In the last 90 days, four institutions have issued buy ratings for the stock, indicating positive sentiment among analysts [7]. Profit Forecasts - Various institutions have provided profit forecasts for 2025, with estimates ranging from 1.149 billion yuan to 1.241 billion yuan, reflecting confidence in the company's growth trajectory [9].