Company Overview - Chongqing New Aluminum Era Technology Co., Ltd. was established in December 2015 with a registered capital of 14,384.1247 million yuan. The company was listed on the Shenzhen Stock Exchange's Growth Enterprise Market in October 2024, with the stock code 301613 [2]. - The company specializes in the R&D, production, and sales of aluminum alloy components for new energy vehicle battery systems, with a complete business system covering material R&D, product design, advanced production processes, and large-scale production [2]. Product and Patent Information - The main product is the battery box, a critical component of new energy vehicle power battery systems, along with other parts like cell shells and precision structural components. As of June 30, 2025, the company holds 155 patents, including 23 invention patents [2][3]. Customer Base and Market Strategy - The company has established long-term stable partnerships with major clients such as BYD, CATL, and others, significantly improving its customer concentration risk. As of 2025, new customer orders have rapidly increased, alleviating dependency on major clients [4]. - The company has signed long-term agreements with several enterprises, ensuring a stable order volume from major clients like BYD and CATL [4]. Cost Management and Market Conditions - The company is focused on managing costs amid fluctuations in aluminum prices, planning to optimize the supply chain and enhance production efficiency to maintain profit margins [5]. - Recent revenue growth has been attributed to the widespread adoption of new energy vehicles and partnerships with leading automakers, although profit growth has lagged behind revenue growth since Q3 2025 [6]. Pricing and Product Development - The company employs a cost-plus pricing model, with a focus on customized products that do not have standard market prices due to varying customer requirements [7]. - Continuous investment in R&D and the development of new products and processes is planned to adapt to market changes and enhance competitiveness [6]. Acquisition Plans - The company is in the process of acquiring Honglian Electronics, aiming to leverage operational management experience and achieve synergies in technology, materials, and sales channels to enhance business scale and performance [8].