APG(SZ:002284) Ju Chao Zi Xun·2025-09-09 14:29Core Viewpoint - The company has been designated as a supplier for a major domestic new energy vehicle brand, marking a significant recognition of its product development capabilities and brand quality, which is expected to enhance its market competitiveness and facilitate entry into the new energy vehicle market [2] Group 1 - The project lifecycle is planned for four years, with an estimated total sales amount of approximately 514 million yuan, expected to commence mass production in the second quarter of 2027 [2] - The company indicated that the revenue and profit impact from this project on the current fiscal year is not expected to be significant, as annual income will depend on actual orders from the client [2] - The company has reported benefits from the growth in domestic automobile sales and the ramp-up of new international projects, leading to visible economies of scale [2] Group 2 - Continuous optimization of product structure and internal cost reduction efforts have effectively enhanced manufacturing capabilities, resulting in a year-on-year increase in product gross margin [2] - The company is focused on process optimization to drive steady performance growth [2]