Zheng Quan Shi Bao Wang·2025-05-27 03:46Core Viewpoint - The event organized by the Shenzhen-Hong Kong Stock Exchange showcased the strong capabilities and potential of Shenzhen-listed companies, particularly BYD and Shenghong Technology, in the field of technological innovation, attracting interest from overseas investors [1][2]. Group 1: BYD Performance and Innovation - BYD reported a significant increase in sales, with 1.0008 million new energy vehicles sold in Q1 2023, representing a year-on-year growth of 59.81% [2]. - The company's revenue for Q1 2023 reached 170.36 billion yuan, up 36.35% year-on-year, while net profit surged by 100.38% to 9.155 billion yuan [2]. - For 2024, BYD anticipates vehicle sales of 4.2721 million units, a growth of 41.26%, with projected revenue of 777.102 billion yuan, up 29.02%, and net profit of 40.254 billion yuan, increasing by 34.00% [2]. Group 2: Shenghong Technology Performance and Growth - Shenghong Technology achieved a revenue of 10.731 billion yuan in 2024, marking a year-on-year increase of 35.31%, with a net profit of 1.154 billion yuan, up 71.96% [3]. - In Q1 2023, the company reported revenue of 4.312 billion yuan, a remarkable growth of 80.31%, and net profit skyrocketed by 339.22% to 921 million yuan [3]. Group 3: R&D Investments and Market Strategies - BYD's R&D investment exceeded 54.2 billion yuan in 2024, a year-on-year increase of 35.68%, focusing on smart and electric vehicle technologies [5]. - Shenghong Technology's R&D expenditure for 2024 is approximately 450 million yuan, up 29.15%, as the company capitalizes on the AI computing technology revolution and data center upgrades [5][9]. - Both companies are leveraging their technological strengths and market strategies to enhance their competitive positions and drive growth in their respective sectors [5][9]. Group 4: Global Market Expansion - BYD is actively expanding its global market presence, with its electric vehicles entering over 100 countries and regions across six continents by the end of 2024 [6]. - Shenghong Technology has established long-term partnerships with over 160 renowned global companies, including NVIDIA, AMD, and Tesla, enhancing its market share and competitiveness [8][9]. - The company is also responding to globalization trends by acquiring overseas subsidiaries and expanding its manufacturing capabilities in Thailand and Vietnam [9]. Group 5: Capital Support and Strategic Development - Shenghong Technology has successfully raised funds through various means, including an IPO and targeted stock offerings, to support its high-end PCB projects and R&D initiatives [13][14]. - The acquisition of MFS Technology for approximately $460 million is expected to enhance Shenghong's diversification strategy and accelerate its expansion into automotive and medical sectors [15].