Core Viewpoint - Asia Pacific Co., Ltd. has received multiple new project approvals, indicating strong market demand and recognition of its product quality, which is expected to enhance its competitive position and facilitate international market expansion [1][2][3] Group 1: New Project Approvals - On June 16, Asia Pacific Co., Ltd. announced it has been designated as a supplier for a foreign brand's EPB products, with a project lifecycle of 5 years and total sales expected to reach approximately 680 million yuan [1] - The company received a notification on February 6 from a large domestic automotive group to supply integrated brake control modules for two new energy vehicle models, with a lifecycle sales total of about 1 billion yuan [1] - On March 31, Asia Pacific Co., Ltd. was selected as a supplier for a foreign client's front calipers and drum brake products, with a project lifecycle of 7 years and expected sales of around 800 million yuan [1] Group 2: Cumulative Sales and Financial Performance - In total, Asia Pacific Co., Ltd. has received five project approvals in 2023, with a cumulative lifecycle sales amounting to 3.04 billion yuan [3] - For the year 2024, the company reported revenue of 4.26 billion yuan, a year-on-year increase of 9.96%, and a net profit of 213 million yuan, up 119.62% [3] - In Q1 2025, the company continued its growth trajectory with revenue of 1.26 billion yuan, a 23.15% increase year-on-year, and a net profit of 100 million yuan, reflecting a 65.35% growth [3] Group 3: Research and Development - Asia Pacific Co., Ltd. places a strong emphasis on innovation and R&D, with R&D expenditures from 2020 to 2024 totaling 1.075 billion yuan [3] - As of the end of 2024, the company employed 367 R&D personnel, accounting for 13.23% of its workforce [3] - The company has achieved significant milestones in core technology, holding a total of 766 valid patents, including 134 invention patents, 620 utility model patents, and 12 design patents [3]
亚太股份年内已斩获30.4亿元定点 创新驱动发展研发费五年超10亿元