Core Viewpoint - Jingu Co., Ltd. has received a notice from a leading global automotive company based in Germany, marking its first local European customer for the Avatar low-carbon wheel product, which signifies a milestone in entering the European market [1] Group 1: Company Developments - Jingu Co., Ltd. will supply low-carbon wheels for the new energy vehicles produced in Europe by the German automotive giant [1] - The company has established a global supply chain relationship with the German automotive leader, confirming the high recognition of its Avatar low-carbon wheels [1] - The Avatar low-carbon wheel product has seen increasing market demand and enhanced competitiveness, which will boost the company's brand influence and showcase its growth potential and long-term value [2] Group 2: Product Features and Innovations - The Avatar low-carbon wheel is characterized by its lightweight, high strength, high precision, safety, and cost-effectiveness, making it widely favored in the market [2] - The company plans to continue upgrading materials, equipment, and technology to launch new generations of Avatar low-carbon wheels, aiming for a comprehensive replacement of traditional wheels [2] - Jingu Co., Ltd. is focusing on the application of new materials like niobium micro-alloying and is exploring emerging fields such as embodied intelligence and electric transportation to enhance its competitiveness in high-end manufacturing [2][3] Group 3: Financial Performance - The project with the European automotive leader is expected to start production in 2027 and will not have a direct impact on the company's performance in 2025 [3] - For the first three quarters of 2025, the company anticipates a net profit of 40 million to 60 million yuan, representing a year-on-year growth of 23.57% to 85.35% compared to 32.37 million yuan in the same period last year [3] - The growth in performance is primarily attributed to the ongoing expansion of the Avatar low-carbon wheel business, supported by the gradual release of production capacity from new manufacturing bases [3]
金固股份:获德国全球龙头车企低碳轮胎订单