DAAE(SH:600178) Zheng Quan Shi Bao Wang·2025-11-25 09:05Core Viewpoint - Dong'an Power aims to enhance its market presence and product innovation, targeting significant sales and revenue growth by 2027, while focusing on both traditional and new energy markets [1][2] Group 1: Business Goals and Performance - The company has set a target of selling 600,000 units and achieving revenue of 5.2 billion yuan by 2025 [1] - For the first three quarters of 2025, Dong'an Power reported revenue of 3.766 billion yuan, with a net profit attributable to shareholders of -3.2845 million yuan [2] - The company anticipates a revenue growth of approximately 30% in 2025 compared to 2024, driven by new energy customers and increased sales scale [2] Group 2: Market Development and Product Innovation - Dong'an Power has initiated 65 new market projects in 2025, with 16 projects in the new energy sector, marking a 130% year-on-year increase [2] - The company is collaborating with major domestic automakers, including partnerships with Xpeng Motors for the production of the X9 range extender model [2] - Dong'an Power is developing a rotor engine aimed at low-altitude and new energy vehicle applications, with a detailed design plan completed and prototype ignition expected by the end of the year [2] Group 3: Financial Strategy and Funding - To address increased funding needs due to sales scale growth, the company plans to engage in accounts receivable factoring with a financial partner, ensuring fair market rates [2]