Core Viewpoint - Yongmaotai is expanding its international presence by establishing a subsidiary in Indonesia to invest in a lightweight automotive parts precision processing production line, with a total investment of $50 million, aiming to produce approximately 5 million turbocharger housings annually [1][2]. Group 1: Investment and Expansion - The company plans to set up a wholly-owned subsidiary in Singapore through its subsidiary Anhui Yongmaotai Automotive Parts Co., Ltd. to facilitate the investment in Indonesia [1]. - The investment aims to transition from exporting parts to establishing overseas production capacity, reducing the impact of international trade policy changes on the company's supply chain [1][2]. - The new project will enhance the company's overseas market expansion and solidify relationships with international clients [1][2]. Group 2: Financial Performance - In 2024, the company reported a revenue of 4.1 billion yuan, a year-on-year increase of 15.9%, and a net profit of 37.51 million yuan, up 21.3% [2]. - The company's main product sales and revenue indicators reached historical highs, with a non-recurring net profit of 23.22 million yuan, reflecting a growth of 35.1% [2]. Group 3: Product Development and Market Strategy - Yongmaotai is actively exploring the application of aluminum alloy products in the robotics sector, collaborating with clients to develop related components [3]. - The company aims to become a quality supplier in the robotics parts industry by 2025, targeting the growing market demand [3]. - Additionally, there will be an increased focus on magnesium alloy materials, with efforts to enhance melting and forming processes while expanding the customer base [3].