隆扬电子分析师会议-2025-03-27

Group 1: Report Overview - The report is about a research meeting of Longyang Electronics, with a research date of March 27, 2025, and the research industry is electronic components [1][2] Group 2: Research Details 1. Basic Research Information - The research object is Longyang Electronics, belonging to the electronic components industry. The reception time was on March 27, 2025. The company's reception staff included the assistant to the chairman, Xiao Qinghua, the board secretary, Jin Weiqin, and the securities affairs representative, Shi Yi [17] 2. Detailed Research Institutions - The institutions participating in the research are CITIC Construction Investment (a securities company) and China Merchants Fund (a fund management company) [18] 3. Main Content Company Introduction and 2024 Business Performance - In 2024, the company achieved an operating income of 287,942,035.52 yuan, a year - on - year increase of 8.51%. The net profit attributable to shareholders of the listed company was 82,231,686.40 yuan, a year - on - year decrease of 15.02%. The net profit attributable to shareholders of the listed company after deducting non - recurring gains and losses was 77,434,121.87 yuan, a year - on - year decrease of 14.79% [21] Interactive Q&A - HVLP Copper Foil Product Release: The company initially released relevant products at the TPCA exhibition in Taiwan, China in October 2024. Currently, it is in the verification and testing phase with customers, and has not yet generated revenue [21] - M&A Project Progress: The company has hired intermediary institutions to actively conduct due diligence, auditing, and evaluation of the target company. The relevant parties to the transaction have not yet signed formal transaction documents [21] - HVLP5 Copper Foil Sampling Verification: The company mainly targets direct downstream customers, CCL factories, and the products are in the testing and verification phase with customers. Due to commercial policy restrictions, the company cannot disclose specific customers without permission [22]