Group 1: Company Overview - The company specializes in the R&D, production, and sales of high-definition and ultra-high-definition video conferencing cameras, video conferencing terminals, and related audio-visual communication equipment, making it a key supplier in China's audio-visual communication sector [1] - Its products are widely used in various fields, including business video conferencing, educational recording, government and enterprise business, remote education, telemedicine, live streaming, and infrared temperature measurement [1] Group 2: Performance and Market Strategy - The company expects growth in 2024 and Q1 2025 due to a recovering industry climate and strong terminal market demand, supported by high R&D investment [2] - The company is actively expanding its global local agent channels and enhancing overall service construction for its self-owned brand, with a focus on long-term brand building and localized operations in Europe and the U.S. [2] - There is no direct competition between the self-owned brand business and ODM business due to significant differences in product positioning, sales channels, and application scenarios [2] Group 3: Profitability and M&A Strategy - The company aims to maintain high gross margins through product innovation, customer structure optimization, and exploring high-value markets [2] - The company is focused on acquiring quality targets that align with its "technology-driven + ecological synergy" strategy, emphasizing vertical integration and horizontal extension in the audio-visual, algorithm, and AI technology sectors [3] - The goal is to enhance competitive advantages in key areas of the industry chain and achieve value multiplication through capacity synergy optimization and resource sharing [3]

Company Overview - Company specializes in the research, development, production, and sales of high-definition and ultra-high-definition video conferencing cameras, video conferencing terminals, and related audio-visual communication equipment [4] Financial Performance - In 2024, the company achieved operating revenue of 670.84 million yuan, a year-on-year increase of 37.45% [1] - The net profit attributable to shareholders for 2024 was 124.31 million yuan, up 51.28% year-on-year [1] - For Q1 2025, the company reported operating revenue of 193.07 million yuan, a 66.06% increase compared to the same period last year [1] - The net profit attributable to shareholders in Q1 2025 was 42.31 million yuan, reflecting a 92.94% year-on-year growth [1] - The net profit excluding non-recurring gains and losses for Q1 2025 was 37.16 million yuan, up 107.86% year-on-year [1] - The company's gross profit margin stood at 47.25% [4] Market Strategy - The company has established overseas production bases and expanded overseas outsourcing resources to mitigate the impact of U.S. tariff policies [2] - The company is focusing on intelligent equipment upgrades and digital system integration to enhance production efficiency and automation [3] - The company aims to maintain its gross profit margin through product innovation, brand development, and international market expansion [3] M&A Strategy - The company is actively seeking high-quality acquisition targets, focusing on "technology-driven + ecological synergy" strategies [4] - The company plans to strengthen its competitive advantage in key areas of the industry chain through vertical integration and horizontal expansion [4] - The company is looking for synergistic potential in quality enterprises to accelerate technology integration and market complementarity [4] Investment Trends - Recent financing data indicates a net inflow of 16.21 million yuan in the past three months, with an increase in financing balance [4] - The company's debt ratio is reported at 7.82% [4]

4月10日，长久股份（股份代号：6959.HK）公布了其2024年度业绩报告。作为中国汽车产业服务领域 的领军企业，长久股份在上市后的首份财报中向市场交出了一份亮眼的成绩单。 报告期内，公司录得净利润约人民币（下同）1.614亿元，较2023年度的1.023亿元同比增长57.8%。经 调整净利润（非国际财务报告准则计量）约为1.556亿元，较2023年度的1.544亿元同比增长0.8%。 作为中国汽车流通领域质押车辆监控服务的"隐形冠军"，长久股份构建的"科技+生态"双轮驱动模式， 实现了业务规模与经营质量双突破，正重塑汽车供应链服务的数字化蓝图。 核心业务表现亮眼 质押监控服务持续领跑行业 同时，长久股份还提供汽车经销商运营管理服务，向汽车经销商提供运营指导、数据系统及管理解决方 案。截至2024年12月31日，长久股份为共计69家汽车经销商提供服务，录得收入6515.60万元，占年度 收入的9.6%。 技术创新驱动业务升级 平台化转型成效显著 需要提及的是，长久股份以技术创新为驱动，持续升级其核心业务能力。2024年，公司进一步完善了用 于收集、处理及分析质押车辆数据的VFS系统，并引入机器学习与多模态大 ...