Group 1 - Company plans to establish a joint venture focusing on car refrigerator business with Wuhan Reyi, with a registered capital of 20 million yuan, where Shanghai Auto Parts will contribute 12 million yuan (60%) and Wuhan Reyi will contribute 8 million yuan (40%) [1] - The establishment of the joint venture is part of the company's strategy to enhance product structure and diversify its product offerings, which is expected to significantly increase production scale and improve risk resistance and competitiveness [2] - The car refrigerator market is anticipated to experience substantial growth, with the global market size projected to reach 50 billion yuan in 2024 and expand to 140 billion yuan by 2033, reflecting a compound annual growth rate of 11.5% during the forecast period [2] Group 2 - Shanghai Auto Parts' main business includes the research, development, production, and sales of automotive thermal management system components and engine system components, with direct sales accounting for 93% of its main business revenue in 2024 [3] - In 2024, the company achieved a sales revenue of 2.101 billion yuan, a year-on-year increase of 13.72%, and a net profit of 188 million yuan, up 16.75% year-on-year [3] - The automotive thermal management system products generated sales revenue of 1.714 billion yuan, reflecting a year-on-year increase of 15.34%, while engine system products achieved sales revenue of 387 million yuan, up 7.08% year-on-year [3]
上海汽配拟开展车载冰箱业务 预估2033年全球市场规模将达1400亿元