鑫源智造拟募1.4亿升级镁合金产线 双业务发力前三季归母净利增24.76%

Core Viewpoint - Xinyuan Intelligent Manufacturing (鑫源智造) is expanding its business and enhancing its competitiveness through strategic investments in production capacity and international market expansion [1][2]. Group 1: Business Expansion and Investments - The company plans to raise up to 140 million yuan through a simplified procedure to upgrade its magnesium alloy production line, which is expected to significantly increase production capacity and generate an additional annual sales revenue of approximately 292 million yuan [2]. - A new subsidiary will be established in Vietnam to build a production base for agricultural machinery, with an initial investment of about 6.9444 million USD (approximately 50 million yuan) [3][4]. - The total investment for the magnesium alloy production line upgrade is estimated at 222 million yuan, with a construction period of 24 months [2]. Group 2: Financial Performance - For the first three quarters of 2025, the company reported a revenue of 474 million yuan, a year-on-year increase of 343.67%, and a net profit of 5.7951 million yuan, up 24.76% [6][7]. - The gross profit margin has shown a stable upward trend, with figures of 11.61%, 15.33%, and 12.76% for the years 2023 to the first nine months of 2025 [6]. - The company’s revenue from its magnesium-aluminum alloy components business increased by 20.67% year-on-year, while the agricultural machinery segment generated 362 million yuan in revenue [7]. Group 3: Strategic Direction - The company has undergone a strategic transformation focusing on "lightweight and intelligent" dual drivers, aiming to enhance its core business in outdoor equipment and expand its product offerings [6]. - The restructuring of the company, including the transfer of 51% equity of Xinyuan Agricultural Machinery to Xinyuan Intelligent Manufacturing, aims to improve its business scale and risk resilience [5].