大洋电机筹划发行H股 打造国际化资本运作平台

Group 1: Company Strategy and Globalization - The company is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and localize manufacturing and supply chain capabilities [1] - The company has established subsidiaries and production bases in over 80 countries, including the US, Mexico, and Vietnam, to meet local manufacturing needs [2] - The global layout allows the company to optimize resource allocation dynamically and respond effectively to trade barriers and tariff changes [2] Group 2: Financial Performance - In 2024, the company recorded a revenue of 12.113 billion yuan, a year-on-year increase of 7.31%, and a net profit of 888 million yuan, up 40.82% [3] - The BHM division achieved a revenue of 7.011 billion yuan, marking a 13.88% increase and setting a historical high for the same period [3] - The company is expanding into new product applications in the renewable energy sector, which is expected to contribute to revenue growth in the future [3] Group 3: Market Position and Profitability - The company's overseas revenue reached 5.458 billion yuan in 2024, a growth of 8.68%, accounting for 45.05% of total revenue [2] - The gross profit margin for overseas markets is 30.84%, significantly higher than the domestic margin of 15.65% [2] - The company aims to further expand its market channels in domestic, European, ASEAN, and Belt and Road Initiative countries [2]