Group 1: Company Announcement - The company, Dayang Electric (002249), is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global strategy and local manufacturing capabilities [1] - The H-share issuance aims to improve the company's international competitiveness and create a platform for overseas capital operations [1] - The specific details of the H-share issuance are still under discussion with relevant intermediaries and will require approval from the board, shareholders, and regulatory bodies [1] Group 2: Financial Performance - In 2024, the company achieved a revenue of 12.11 billion yuan, representing a year-on-year increase of 7.31% [2][3] - The net profit attributable to shareholders was 888 million yuan, up 40.82% compared to the previous year [2][3] - The net profit after deducting non-recurring gains and losses was 836 million yuan, reflecting a growth of 48.12% year-on-year [2][3] - The net cash flow from operating activities was 2.47 billion yuan, an increase of 27.46% from the previous year [2][3] Group 3: Quarterly Performance - In Q1 2025, the company reported a revenue of 3.16 billion yuan, marking a 16.16% increase year-on-year [4] - The net profit attributable to shareholders for Q1 2025 was 284 million yuan, a growth of 36.52% compared to the same period last year [4] - The net profit after excluding non-recurring items was 280 million yuan, up 42.82% year-on-year [4] Group 4: Financial Metrics - The basic earnings per share for 2024 was 0.37 yuan, a 42.31% increase from the previous year [3] - The total assets at the end of 2024 were approximately 17.94 billion yuan, an increase of 11.48% from the previous year [3] - As of March 31, 2025, the company's cash balance was 3.70 billion yuan [5]
大洋电机筹划H股发行上市 首季末货币资金37亿元