Group 1 - The company has a strong focus on the battery box casing business, achieving steady growth in recent years, with a clear control structure and experienced management team [1] - The global market for battery box casings reached a scale of over 10 billion since 2021 and continues to grow, with the company establishing a deep partnership with major client BYD [1] - The company is positioned as a specialized manufacturer, leveraging its professional advantages to enhance its business strength and profitability compared to peers [1] Group 2 - Future revenue structure is expected to optimize comprehensively, with ongoing expansion of projects and active customer development, particularly in the commercial vehicle sector benefiting from electrification [2] - The company aims to become a platform-type manufacturer for aluminum structural components, with projected revenues of 2.78 billion, 3.42 billion, and 4.03 billion for 2025-2027, and corresponding net profits of 300 million, 380 million, and 480 million [2] - The company plans to acquire Honglian Electronics, which is anticipated to open new growth points [2]
新铝时代(301613)公司深度报告：铝材料平台厂商渐成 全面打开新增长点